The North Carolina House recently voted on a budget that will cut financial aid from lottery funds to low-income community college students. Since creating the state Lottery in 2005, lawmakers have “tinkered with the formula” that initially allocated 10 percent of half its net proceeds to need-based college scholarships.
REPORT: “A Bad Bet: Why Sports-Gambling Tax Revenue Disappoints” | Manhattan Institute
By Charles Fain Lehman “…is legal sports gambling actually a net positive for state budgets? This report argues no,” https://manhattan.institute/article/a-bad-bet-why-sports-gambling-tax-revenue-disappoints