Few money making events in all of sports are like College Basketball when they have their March Madness tournament. Good evening and welcome back to APEX Basketball Betting. Today we look at the total was that the state of North Carolina has become. Wanting to enforce their own bathroom policy in reference to the LBGT community, boycotts are being felt throughout the state. We will look at what surely is one of the largest financial impacts this state has felt from this legislation.
College Basketball : NCAA Nixes North Carolina
Conservative estimates peg the loss of $100 million or more from the NCAA’s boycott of North Carolina over transgender bans in bathrooms. This follows on the heels of the NBA removing their All-Star game from the state. Even though basketball grabs the headlines, other college sports on a national level have been yanked. Here are some of them.
- Women’s Lacrosse
- Women’s Soccer
- D-III men and women’s tennis
- D-II baseball
Fans and Spending Dollars
Not only do people not travel to North Carolina but they leaving their out of state dollars at home with them. Republican trickle down economics are in play here. Stadiums are not filled. Hotels do not get booked. Food establishments and bars dont get to inflate prices. Extra temp work is not filled with people staying on the unemployment line. It is a spiral that goes down the drain in Durham and everywhere else in North Carolina.
Stances that are unpopular often cost most in the wallet. Legislation in the state of North Carolina are digging in their heels from the line of the sand they have drawn. For such a hotbed of hoops, the fans and businesses are suffering also from this hot top debate with real world ramifications. Good fortune in your sports betting ventures and we will see you next time here at APEX Basketball Betting.
