Regulated sports betting is set to take another step closer to being fully introduced in the state of North Carolina after the North Carolina Education Lottery Commision held a public hearing on Friday in relation to it.
The purpose of the public hearing was for the Commission to come up with new rules for sports betting in the state, as it looks to get it up and running as soon as possible, though the Commission has until mid-June to get rules on the books.
At the start of this month, the sports betting committee was given approval by a North Carolina regulator, to go ahead, with the state setting a target date of the start of 2024 as in when regulated sports betting will officially go live, with online sports betting made legal in North Carolina back in July of this year.
In this current moment of time, sports betting is only allowed within the Tar Heel State’s three casinos, which are operated by two Native American tribes.
SidePrize Attorney, Tom Lee, gave his thoughts on sports betting’s regulation in the state: "PrizePicks is operated lawfully in North Carolina since 2020. We have hundreds of thousands of customers in this state.
"This proposed law says (to) those North Carolinians 'You're doing something wrong. You're doing something that you should not be allowed to do. This commission intends to stop it' and that respectfully is wrong."
The Commission is set to meet again in mid-November, where they could adapt the rules for sports betting.
