Joseph Coletti, John Locke Foundation fiscal policy analyst, discusses the spend-and-tax cycle in N.C. state government that contributed to the state’s current budget problems. In a new Spotlight report, Spending Beyond Government Means: Even politicians must face fiscal truths, Coletti discusses the issue in greater detail and offers ideas for improvement.
Nearly $200 million wagered in NC’s first week of sports betting
Online sports betting proved to be big business the first week it became legal in North Carolina. According to a Sports Betting Report released Wednesday by the North Carolina State Lottery Commission, over $198 million was wagered by North Carolinians, while payouts amounted to $141.5 million.