Halfway home, pace up 22.3% in sports gambling tax proceeds
North Carolina's sports gambling tax revenue is projected to increase by 22.3%, exceeding $142 million for the state.Summary
Legal sports wagering in North Carolina is experiencing significant growth, with tax proceeds on pace for a 22.3% increase to over $142 million for state coffers. December's revenue of $14.6 million brought the total for the first six months to $71,307,052, averaging over $387,000 per day. The fiscal year 2025 take was $116.5 million, calculated as 18% of the gross wagering revenue. Total gambled in December exceeded $651.1 million, with bettors winning over $581.3 million. The state allocates these funds to various programs, including gambling addiction treatment ($2 million annually), youth sports ($1 million annually), collegiate athletic departments ($300,000 each annually to 13 schools), the N.C. Youth Outdoor Engagement Commission ($1 million annually), and attracting major sporting events (approximately 30%).
(Source：Hendersondispatch)