North Carolina Is About to Rake in Millions in Betting Revenue. 13 Colleges Will Get a Slice.


By Nell Gluckman

Photo-based illustration of money flowing from a hand-held smart phone into a college buidling with roof popped open like a treasure chest with sports ball embellishments surrounding.

Illustration by The Chronicle; iStock

As the state becomes the latest to legalize online gambling, it’s earmarking a chunk of the profits for athletic departments. “I’m excited, no matter how much it is,” one administrator said.



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