In a recent interview with NCSharp, attorney Lily Faulconer shared valuable insights regarding the legalization of sports betting in North Carolina.
In the article, titled "The Benefits of Sports Betting in North Carolina: A Legal Expert Weighs in," Lily emphasized the potential benefits of online sports betting in North Carolina, pointing out that it could lead to increased sports tourism, particularly in the realm of college athletics and professional sporting events across different leagues. She noted that the availability of online sports betting could create opportunities for economic growth, community development, and the promotion of healthy habits among individuals. From the article:
“Additionally, the 18% tax levied on interactive sports wagering operators, and its distribution to various departments and organizations, can result in funding for certain education and treatment programs, youth development programs, university athletic programs, and grants for local sports teams,” she said. “These programs and opportunities have the potential to aid economic growth by developing communities and fostering healthy habits for individuals, leading to a healthier workforce.”
To learn more about Lily Faulconer's perspectives on the benefits of sports betting legalization, visit NCSharp's official article.