A year after legalized sports betting began in North Carolina, Myles Harris explains how the eight sports books are exceeding lawmakers' expectations.
Sports betting operators have paid more than $128 million in taxes during the first year of operation. Eight different betting platforms are currently available to North Carolina residents.
The timing of North Carolina's sports betting launch coincided with March Madness last year, which helped drive initial adoption. As the state approaches another NCAA tournament, betting activity is expected to surge again, potentially setting new records for the still-growing industry.
https://www.wcnc.com/article/sports/north-carolina-sports-betting-revenue/275-a42a949e-34dc-464d-a629-69360d385021
Sports betting operators have paid more than $128 million in taxes during the first year of operation. Eight different betting platforms are currently available to North Carolina residents.
The timing of North Carolina's sports betting launch coincided with March Madness last year, which helped drive initial adoption. As the state approaches another NCAA tournament, betting activity is expected to surge again, potentially setting new records for the still-growing industry.
https://www.wcnc.com/article/sports/north-carolina-sports-betting-revenue/275-a42a949e-34dc-464d-a629-69360d385021
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