(The Center Square) – Sports wagering revenue to North Carolina’s tax coffers in December was the lowest of 10 months since legalization though still enough to eclipse $105 million.
Estimated tax proceeds were $6,429,218, a 54.2% decline from November and more than 11% lower than any previous month.
The gross wagering revenue – amounts received by interactive sports wagering operators from sports wagers as authorized under state law, less the amounts paid as winnings before any deductions for expenses, fees or taxes – is multiplied by 18% to give the state its take.
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Through the first 296 days, North Carolina is averaging a gain of $354,919 per day on the $105,056,250 total.
The monthly takes have been $11,969,318 in 21 days of March; $18,945,301 in
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