North Carolina HBCUs cash in as gambling losses hit $100 million

[bernard]

The introduction of sports gambling in North Carolina has resulted in losses for millions, but it will be a windfall for athletics at several HBCUs as well as other schools within the state.

The state lottery commission reports that more than $105 million was lost in the state on sports betting in the first full month since it became legal. The number was $66 million for March.

The five public HBCUs stand to benefit from the move. Those HBCUs are Elizabeth City State University, Fayetteville State University, N.C. Agricultural & Technical State University, N.C. Central University, and Winston-Salem State University. Up to $300,000 annually will go to these universities.

North Carolina HBCUs cash in as gambling losses hit $100 million

The introduction of sports gambling in North Carolina resulted in $105 million in losses but will benefit HBCUs and state schools.

hbcugameday.com

 

[Olde Hornet]

Here in the third world, god does not want Alabama to have the lottery, casinos (unless run by native Americans) or sports betting to benefit education.

 

[TSU/BAMA]

Here in the third world, god does not want Alabama to have the lottery, casinos (unless run by native Americans) or sports betting to benefit education.