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North Carolina Legislators to Raise Sports Betting Tax Rate
By Editorial profile image Editorial
1 min read

North Carolina Legislators to Raise Sports Betting Tax Rate

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.

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.

By Editorial profile image Editorial
Updated on
Regulation North Carolina WRAL News Tax Rate Online Sports Betting