North Carolina Sports Betting Tax Hike Pays Off In September

RALEIGH, N.C. – North Carolina’s higher sports betting tax brought in more money in September, even with sportsbooks winning less . The North Carolina State Lottery Commission’s September report shows the state collected an estimated $15 million, up from $12 million last September, while gross wagering revenue slipped 2.4% to $65.2 million. The difference is the rate. North Carolina sports betting is now taxed at 23%, up from 18% . At the old rate, September’s revenue would have produced about $11.7 million, so the increase added about $3.3 million. The state budget Gov.