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The Nexus
BUSINESSJul 24 · 11:22 UTCWSOC ABC CHARLOTTEWSOCTV.com News Staff

UNC Charlotte gets bigger sports betting windfall

North Carolinians spent $7.2 billion on sports betting in fiscal 2026, a 15% increase from fiscal 2025. Tax revenue from sports betting rose to $143 million, up 23% year-over-year, with a new state budget increasing the tax rate to 23% and redirecting more funds to university athletic departments.

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