+- CSNbbs (https://csnbbs.com)
+-- Forum: Active Boards (/forum-769.html)
+--- Forum: CAAbbs (/forum-676.html)
+---- Forum: CAA Conference Talk (/forum-677.html)
+---- Thread: UNCW: $3.1M in sports gambling revenue, state budget proposals could deliver more (/thread-1020167.html)
UNCW: $3.1M in sports gambling revenue, state budget proposals could deliver more - AGGIE2039 - 11-14-2025 02:24 AM
UNCW: $3.1M in sports gambling revenue, state budget proposals could deliver more
According to trade organization Sports Betting Alliance, 13 University of North Carolina schools, including UNCW, received $41.2 million in gambling tax revenue in the 18 months since sports betting was legalized in the state. Each of the schools receive an equal share of the revenue, amounting to $3.1 million for use by their athletic departments.
NCW’s Athletic Department has strategically deployed the state’s new sports gambling tax revenue to address long-term facility goals. Per UNC System rules, gambling tax revenue must first be used to fill funding gaps in the athletic budget and to prevent potential hikes in student fees.
As first reported by Carolina Journal, on the facilities side, the revenue helped cover expenses for the recently completed $3.45-million renovation of Brooks Field, which included the installation of a new synthetic turf playing surface, modern dugouts, and new outfield walls for the 2025 season.
https://portcitydaily.com/latest-news/2025/10/01/uncw-3-1m-in-sports-gambling-revenue-state-budget-proposals-could-deliver-more/