BUSINESSWSOC ABC CHARLOTTE
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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Adjacent reporting
- UNC Charlotte athletic department on track to receive $5.8M from sports betting taxes
- $34 billion NC budget on its way to Gov. Josh Stein after year-long delay
- $668,603,360,342 — that’s how much people have legally bet on sports since the Supreme Court’s 2018 ruling
- North Carolina’s Education Lottery sets new records but faces headwinds
- North Carolina lawmakers begin voting on long-awaited $34 billion state budget plan