A Year of Sports Betting in North Carolina

Sports betting has had a tremendous impact in more than one sense during its first year in North Carolina, whose first anniversary was celebrated on Tuesday. According to the North Carolina State Lottery Commission, state account holders have made more than $6.6 billion in paid and promotional bets, while players have earned more than $5.85 billion. Gamblers must declare revenue in their state taxes and pay income taxes on profits, without being…