(The Center Square) – Only twice before has the state’s take been lower for a calendar month, yet sports wagering in North Carolina arguably continues to be a revenue win.
Estimated tax proceeds for March were $6,865,265, the State Lottery Commission said Monday in a report. Only August ($6 million) and December ($6.4 million) have been lower since bettors could begin legally playing on March 11, 2024.
However, far be it from trading March Madness for March Sadness in assessment.
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Consider for this fiscal year the state has already gained $85.8 million in nine full months. That’s a pace to end June 30 with more than $114.4 million.
Or, consider the pace per day since enactment – $350,662. Most quarter-million dollar a day businesses are generally
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