North Carolina sportsbooks generate $14.4m in January tax payments
North Carolina’s sports betting market generated $14.4 million in tax payments in January, according to figures attributed to the North Carolina State Lottery Commission. The report said this was the fifth consecutive month with tax payments above $12 million and that the state levies an 18% tax on gross wagering revenue.
The figures give operators and regulators an update on the market’s activity and tax contribution.