Just three months into legalized online sports betting and the House of Representatives has proposed several changes to how tax revenues will be distributed to higher education facilities throughout the state.
The North Carolina House proposed a budget earlier this week that includes changes to the sports betting tax revenue distributions, potential professional sports franchises eligible to partner with a sports betting operator, and additional funding for a youth outdoor engagement commission.
If approved by the Senate and signed into law, the changes would go into effect on August 1.
Additional Schools Brought Into Revenue Plan
The House budget earmarks more money for youth sports grants, brings in three additional UNC schools for athletic department fundin…