North Carolina House votes to legalize sports betting

June 7, 2023
Leer en Español

The Governor could potentially approve the bill this week, which would legalize wagering on horseracing, and professional, collegiate and amateur sports.

After a 68-41 vote in favor, the North Carolina House may get a sports betting bill to Governor Roy Cooper’s office this week. The bill has bipartisan support, and also passed the Senate on June 1 with a 37-11 vote.

One last procedural vote is needed today before the bill is sent to the Governor. If passed, the bill will legalize sports betting on horseracing, as well as professional, collegiate and amateur games in the Tar Heel State. Wagering would become legal one year after passing and final gubernatorial approval.

Legislators in favor of legalizing sports betting have claimed that it is already happening in the state and is in need of regulation and taxation. Religious and moral opposition to gambling was also a bipartisan stance.

In March, the House passed a bill legalizing sports wagering, only for it to be revised in the Senate, to add new provisions for horseracing. At this time, betting on sports in North Carolina is only legal on Tribal property.

The new bill would allow North Carolina sports fans to place bets online as well as at physical sportsbooks; however, sportsbook locations would only be permitted near professional sports venues and arenas. The Senate’s additions to the bill allows for betting on horseracing while watching a televised race or in person.

As per the bill, 10-12 sportsbook operators would be able to offer their betting services to the state. All wagering will be overseen by the North Carolina Lottery Commission.

An estimated revenue of $1bn is predicted after five years of legal betting in the state, which would make approximately $70m in taxes for North Carolina during that period. Over $40m of the state’s tax revenue would go to a general fund, while the rest would support youth sports and athletics programs, as well as fund programs for combating gambling addiction.


Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.