Tag: sports betting

Senate offers Heels, Wolfpack a trade

Senate Republicans are willing to give the UNC Chapel Hill and NC State athletic programs a piece of North Carolina’s sports-wagering tax revenue pie — but at a price. If the caucus proposal becomes law, each would get an extra $55.9 million over the 2025-27 biennium, according to the so-called “money report” that accompanies the […]

Written by on April 17, 2025

Sports wagering money for Carolina and State?

Berger signaled that he’s open to allowing the athletic programs at UNC Chapel Hill and NC State University share the proceeds of the state’s sports-wagering taxes. The initial authorization for the program, passed in 2023, earmarked a share of the 18% tax on sports books’ gross wagering revenue for 13 of the 15 UNC System universities […]

Written by on November 22, 2024