Sports Betting Marks 2 Years in North Carolina

Legalization has generated $255 million in tax revenue for the state

Published on Mar. 12, 2026

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Sports betting has been legal in North Carolina for two years, and the state has seen significant revenue and growth in the industry during that time. The legalization has allowed residents to participate in sports gambling without relying on alternatives like offshore websites or trips to Las Vegas.

Why it matters

The legalization of sports betting in North Carolina has provided a new revenue stream for the state, with $255 million in tax revenue generated over the past two years. This money has been allocated to various state initiatives, making the industry's impact felt across the region.

The details

In the two years since sports betting was legalized in North Carolina, the industry has generated $255 million in tax revenue for the state. This money has been used to fund various state programs and initiatives, providing a significant boost to the local economy.

  • Sports betting was legalized in North Carolina in March 2024.
  • The two-year anniversary of the legalization was on March 11, 2026.

The players

Brett Jensen

Host of the Breaking With Brett Jensen show, who discussed the impact of sports betting legalization in North Carolina.

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What they’re saying

“Sports betting has long been normalized in many places, especially in Europe. Before legalization in many U.S. states, Americans often relied on alternatives such as trips to Las Vegas, offshore gambling websites or local bookmakers.”

— Brett Jensen, Host (wbt.com)

The takeaway

The legalization of sports betting in North Carolina has provided a new revenue stream for the state, generating $255 million in tax revenue over the past two years. This money has been used to fund various state initiatives, demonstrating the significant impact of the industry on the local economy.