A little more than two years after North Carolina launched online sports betting, state lawmakers reportedly believe it’s time to increase how much they charge sportsbooks to do business in the state.
According to WRAL News, legislators in North Carolina have agreed to raise the online sports wagering tax rate. This decision comes as part of the state’s efforts to generate more revenue from the sports betting industry. The move to increase the tax rate indicates a shift in the state’s approach to regulating sports betting and could have implications for operators in the market.