North Carolina Governor Roy Cooper has recently weighed in on groundbreaking research conducted by Poole College of Management’s Dr. Steven Goldman and Dr. Scott Lewellen regarding the potential impact of sports gambling on the state’s economy.
In a statement released earlier this week, Governor Cooper praised the efforts of the two researchers, who are leading experts in the field of sports gambling economics. Their study, which was funded by a grant from the North Carolina Department of Commerce, sought to analyze the potential economic benefits of legalizing sports betting in the state.
According to the researchers’ findings, if North Carolina were to legalize and regulate sports gambling, the state could potentially see a significant boost to its economy. The study estimates that legal sports betting could generate up to $50 million in additional tax revenue annually, as well as create thousands of new jobs in the industry.
Governor Cooper expressed his support for the research, stating that he believes it is important for the state to explore all potential revenue-generating opportunities, especially in light of the economic challenges posed by the COVID-19 pandemic. He also commended Dr. Goldman and Dr. Lewellen for their thorough and insightful analysis, and urged state legislators to consider their findings when debating the legalization of sports gambling.
The researchers’ study has already garnered significant attention within the North Carolina government, with several key lawmakers expressing interest in potentially introducing legislation to legalize sports betting in the near future. If successful, North Carolina would join a growing number of states that have already legalized sports gambling in recent years.
Dr. Goldman and Dr. Lewellen’s research has been hailed as a crucial step towards understanding the potential economic impact of sports betting in North Carolina. Their findings could have far-reaching implications for the state’s economy, and may ultimately play a key role in shaping future legislation on the issue.
As the debate over sports gambling continues to unfold in North Carolina, all eyes will be on Governor Cooper and state legislators as they consider the findings of this groundbreaking research. With the potential for significant economic benefits at stake, the question remains: will North Carolina take the leap and legalize sports betting? Only time will tell.
