March Madness, via gambling, delivering for most UNC System schools

(The Center Square) – Twelve-leg parlay not work on Friday? Couldn’t stay up to watch N.C. State make it six straight on Thursday?

March Madness is captivating the sports soul of America as it usually does, and Tobacco Road is no different. For the first time, North Carolinians can legally gamble on the games and help the state’s UNC System schools at the same time.

Just not the Wolfpack. Or Carolina.

They’ve each got annual athletics department budgets exceeding $100 million, and lawmakers last summer crafted the legislation to share the tax proceeds, but not with them. Carolna’s is more than $122 million, and N.C. State more than $102 million, each in the top 50 of publicly known institutions across the country.

Athletics directors Boo Corrigan at N.C. State and Bubba Cunningham at UNC Chapel Hill respectively declined comment to The Center Square for this story.

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