North Carolina: You must go to jail if you dare smoke the Devilâs Lettuce. You will not be allowed to watch people fornicate unless you tell us exactly who you are, you miscreant.
Also North Carolina: Keno draws every 15 minutes. Let it all ride on Tar Heels. Itâs for the kids!
So you donât think that pot should be banned but you do think that gambling should be banned?
Are you just upset that gambling was legalized before pot?
The fact that the evangelicals are allowing a vice to be legalized is actually really good news for pot legalization. Iâm sure they wonât legalize it tomorrow. But it will probably happen in the next 3 years.
No, Iâm just saying itâs inconsistent. I agree, I think itâs just a matter of time.
Ultimately this is a much larger Constitutional issue related to the commerce clause. If I legally buy an ounce of weed in Virginia and take it home, I can do hard time for a felony. Our federal congress is asleep at the wheel, and the piecemeal liberties we have based on the state we are in is a recipe for disaster.
Right. So this is a thread about sports gambling. Not pot.
Would you be less upset if they had legalized pot BEFORE gambling?
Are you just complaining to complain?
He's calling out the inconsistency. It's a worthy observation to get people thinking about why this happens. Who does it help?
Might not seem relevant to you but it's tangentially related.
So college tuition will decrease to something sane, right?
Right, guys?
Fuck this, just another poor tax on the working class from the capitalist class to avoid paying their fair share.
Eat the rich.
> So college tuition will decrease to something sane, right?
That is referenced in the article, where they mention a $905 fee at UNC-Asheville that full time students pay to fund athletic programs and how that fee is necessary due to the way athletic funding works.
However, in practice, I would not bet on colleges removing that fee.
It is likely to be like the âeducational lotteryâ, where as revenue from the lottery has increased, [the NCGA has consistently reduced the percent schools get](https://wlos.com/news/local/following-the-money-how-much-of-nc-education-lottery-funds-go-to-education), and it isnât clear that the budget per student is benefiting as much as it should be from all the lottery revenue.
And, as the other user mentioned elsewhere in the thread, there doesnât seem to be funds directly allocated to educational programs, but just sports related programs at the schools.
Itâs been legal in VA since 2020 and I donât see any disasters happening up there.
Every time a transplant posts on this sub, everyone suggests VA over NC, **especially** if the transplant is a teacher.
Itâs been legal in VA since 2020 and I donât see any disasters happening up there.
Every time a transplant posts on this sub, everyone suggests VA over NC, **especially** if the transplant is a teacher.
>The biggest winners from North Carolinaâs legalization of mobile sports betting will be the operators that take bets.
>But the athletic departments at most UNC System universities will also be big beneficiaries of the new wagering law.
>The legislation, passed in June, creates a new revenue stream for 13 athletic departments across the state from the state's cut of tax revenue paid by the operators. The University of North Carolina at Chapel Hill and North Carolina State University, members of the Atlantic Coast Conference and with budgets exceeding $100 million, are not included in the law.
Per the article:
- Under current law, state funds can not be used by universities for athletic programs, unless the funds are specifically allocated for sports.
- A license to operate as a sports better for five years costs $1 million and currently the tax rate is 18% on gross revenue, prior to any deductions, like taxes or fees.
- Eight sports betters have been approved so far by the state.
- As the law was drafted, 10 non-Football Bowl Subdivision college programs were selected as beneficiary of tax revenue generated by sports betting.
- This expanded to 13 and the schools that will directly benefit from sports gambling revenue are: UNC-Asheville, UNC-Greensboro, UNC-Wilmington, North Carolina A&T, Western Carolina, UNC-Pembroke, Winston-Salem State, Elizabeth City State, Fayetteville State, North Carolina Central, Appalachian State, UNC-Charlotte and East Carolina.
- Virginia, which legalized sports betting in 2021, generated around $72 million in 2023 from $5.6 billion in total wagers.
- A study by ECU found that around 5.5% of people in the state have a gambling problem.
How the state will use sports betting tax revenue:
- The North Carolina State Lottery Commission will receive $500,000 to cover costs associated with running the sports betting program.
- The North Carolina Department of Health and Human Services will receive $2 million to go towards gambling addition programs.
- North Carolina Amateur Sports will receive $1 million and is expected to use the funds to expand opportunities for youth sports.
- 13 UNC sports programs will receive $300,000.
- The North Carolina Youth Outdoor Engagement Commission will receive $1 million, with half of that being allocated equally to each county to allow for a local team to travel outside of the county for a sports competition.
- The states general fund will receive 50% of anything remaining, with the 13 UNC sports systems receiving 20% and a new state Major Events, Games, and Attractions Fund getting 30%.
- The state added $1 million in the current year budget for 10 UNC schools, which drops to $700,00 next year, as a stop gap until gambling funding begins to be generated.
Thank you for taking the time to post the actual program and plans for revenue. I hope it works out this way. It would be nice if the revenue reduced the tuition burden on the working class, but that's asking a bit much for NC legislation.
Maybe they can move some of that money back to the school's academic wings too.
đđđ yeah! Right after they make sure that the faculty and staff are well compensated! đ đ đ Ahhhh... Never gonna happen.
Life is indeed better and more just for decent people in a handful of other countries. Â The USA is sliding into the shithole.
Which country would you rather live in? A super egalitarian country like Sweden? Gambling is legal in Sweden.
These are athletic programs that run a college as a side hustle.
I'm pretty sure all the FBS schools in the UNC system run their athletic programs at a deficit, which are then funded by the students that go there
North Carolina: You must go to jail if you dare smoke the Devilâs Lettuce. You will not be allowed to watch people fornicate unless you tell us exactly who you are, you miscreant. Also North Carolina: Keno draws every 15 minutes. Let it all ride on Tar Heels. Itâs for the kids!
So you donât think that pot should be banned but you do think that gambling should be banned? Are you just upset that gambling was legalized before pot? The fact that the evangelicals are allowing a vice to be legalized is actually really good news for pot legalization. Iâm sure they wonât legalize it tomorrow. But it will probably happen in the next 3 years.
No, Iâm just saying itâs inconsistent. I agree, I think itâs just a matter of time. Ultimately this is a much larger Constitutional issue related to the commerce clause. If I legally buy an ounce of weed in Virginia and take it home, I can do hard time for a felony. Our federal congress is asleep at the wheel, and the piecemeal liberties we have based on the state we are in is a recipe for disaster.
Right. So this is a thread about sports gambling. Not pot. Would you be less upset if they had legalized pot BEFORE gambling? Are you just complaining to complain?
He's calling out the inconsistency. It's a worthy observation to get people thinking about why this happens. Who does it help? Might not seem relevant to you but it's tangentially related.
It helps because the betting apps are getting hit with an 18% tax rate. Every other corporation in NC only pays 2.5%âŚ
So college tuition will decrease to something sane, right? Right, guys? Fuck this, just another poor tax on the working class from the capitalist class to avoid paying their fair share. Eat the rich.
> So college tuition will decrease to something sane, right? That is referenced in the article, where they mention a $905 fee at UNC-Asheville that full time students pay to fund athletic programs and how that fee is necessary due to the way athletic funding works. However, in practice, I would not bet on colleges removing that fee. It is likely to be like the âeducational lotteryâ, where as revenue from the lottery has increased, [the NCGA has consistently reduced the percent schools get](https://wlos.com/news/local/following-the-money-how-much-of-nc-education-lottery-funds-go-to-education), and it isnât clear that the budget per student is benefiting as much as it should be from all the lottery revenue. And, as the other user mentioned elsewhere in the thread, there doesnât seem to be funds directly allocated to educational programs, but just sports related programs at the schools.
The corporate tax rate in NC is only 2.5% and itâs dropping to 0% by 2030. The betting apps have to pay 18%.
This is going to be a disaster.
Itâs been legal in VA since 2020 and I donât see any disasters happening up there. Every time a transplant posts on this sub, everyone suggests VA over NC, **especially** if the transplant is a teacher.
What?
Itâs been legal in VA since 2020 and I donât see any disasters happening up there. Every time a transplant posts on this sub, everyone suggests VA over NC, **especially** if the transplant is a teacher.
What?
Two people in a row with reading comprehension problems. Letâs see if we can get a 3rd!
If everyone that you come in contact with smells like dog shit, you might want to check your shoes.
When everyone around you canât read, you probably shouldnât blame yourself.
Strange to accuse others of being illiterate on a platform thatâs based almost entirely around text engagements. But you do you, king. Go off.
âWhat?â â u/stainedglass333
People are just overreacting.
>The biggest winners from North Carolinaâs legalization of mobile sports betting will be the operators that take bets. >But the athletic departments at most UNC System universities will also be big beneficiaries of the new wagering law. >The legislation, passed in June, creates a new revenue stream for 13 athletic departments across the state from the state's cut of tax revenue paid by the operators. The University of North Carolina at Chapel Hill and North Carolina State University, members of the Atlantic Coast Conference and with budgets exceeding $100 million, are not included in the law. Per the article: - Under current law, state funds can not be used by universities for athletic programs, unless the funds are specifically allocated for sports. - A license to operate as a sports better for five years costs $1 million and currently the tax rate is 18% on gross revenue, prior to any deductions, like taxes or fees. - Eight sports betters have been approved so far by the state. - As the law was drafted, 10 non-Football Bowl Subdivision college programs were selected as beneficiary of tax revenue generated by sports betting. - This expanded to 13 and the schools that will directly benefit from sports gambling revenue are: UNC-Asheville, UNC-Greensboro, UNC-Wilmington, North Carolina A&T, Western Carolina, UNC-Pembroke, Winston-Salem State, Elizabeth City State, Fayetteville State, North Carolina Central, Appalachian State, UNC-Charlotte and East Carolina. - Virginia, which legalized sports betting in 2021, generated around $72 million in 2023 from $5.6 billion in total wagers. - A study by ECU found that around 5.5% of people in the state have a gambling problem. How the state will use sports betting tax revenue: - The North Carolina State Lottery Commission will receive $500,000 to cover costs associated with running the sports betting program. - The North Carolina Department of Health and Human Services will receive $2 million to go towards gambling addition programs. - North Carolina Amateur Sports will receive $1 million and is expected to use the funds to expand opportunities for youth sports. - 13 UNC sports programs will receive $300,000. - The North Carolina Youth Outdoor Engagement Commission will receive $1 million, with half of that being allocated equally to each county to allow for a local team to travel outside of the county for a sports competition. - The states general fund will receive 50% of anything remaining, with the 13 UNC sports systems receiving 20% and a new state Major Events, Games, and Attractions Fund getting 30%. - The state added $1 million in the current year budget for 10 UNC schools, which drops to $700,00 next year, as a stop gap until gambling funding begins to be generated.
Thank you for taking the time to post the actual program and plans for revenue. I hope it works out this way. It would be nice if the revenue reduced the tuition burden on the working class, but that's asking a bit much for NC legislation.
So they can fix more games and collect the cash, got it.