Legal North Carolina Betting Sites. Fantasy Sports: North Carolina is one of ten states in the U.S. that legalized sports betting. In July of 2021, Governor Roy Cooper signed into law Senate Bill154 which legalized sports betting throughout the state. Although the law doesn’t go into effect until July, there are many bettors that already know that they can legally place wagers on sports in North Carolina starting this week. Here are some other things to keep in mind before placing your bets.
Where to Bet. Currently, there aren’t many sports betting casinos in North Carolina. However, it may soon change. The New York Times reported that one sportsbook was planning to open a casino in Charlotte, and it may be the wave of the future for the North Carolina gaming industry.
Live Betting. As with many North Carolina cities, the race to become the next live gambling destination has begun. One local sports bettor said he’s in talks with several local companies about doing business. “They’re looking at the demographics, the traffic and the demographics of North Carolina,” he said. If the proposal goes through, that could help out local businesses in the North Carolina market. Live betting is also something that many fans in the area already do.
Online Gambling. One state that may see a rise in online gambling is North Carolina. There have been recent threats of new laws that would allow casinos and sports books to come to the state. Rep. Bill Foster, the speaker of the House, has said that he wants to see online gambling go through first. He believes that the process of getting approval from the NC General Assembly would be complicated. According to the Associated Press, however, no decision has been made yet on whether or not House Bill 515 will become law.
Legalization of Gambling. In a proposal put forward by House Ways and Means Committee, it was noted that legalizing sports betting could help generate some tax revenue for the state. The idea is that casinos and betting halls could pay taxes to the state if legalized. That, in turn, would generate new jobs for workers in the area. It’s unclear at this time how much tax revenue would be generated, but some speculate that it could be substantial.
Increase in Accessibility for Non-Residents. Currently, it is very difficult for non-residents to enter into North Carolina casinos or wagering halls. The House Ways and Means Committee are hoping to change this by making changes that would allow non-residents to place bets on sporting events in the state.
The House is trying to make things easier for the Charlotte area through their efforts in the House. The proposed legislation would allow gaming companies that are located in the city of Charlotte to run their gaming operations out of Charlotte. Currently, there are currently no local owned and operated casinos in the state of North Carolina. House members hope to change that by allowing the charters for the Charlotte area to develop a casino resort at the former Cabarrus arena.
Legalization of on-site betting would make things a lot easier for the customers of the three Charlotte area sports bars. Currently, it’s against the current law, but it isn’t fully understood if or when that may change. For now though, customers can enjoy the benefits of legalized sports betting without worrying about being arrested for money laundering or any other crimes.
Despite the House’s efforts, the opponents of the bill aren’t giving up. There are still some major problems with the House’s plan. Among those is a lack of information. The League of Women’s Health and Sportsbook and the American Gaming Association are opposing the bill. Without a clear explanation of how legalized sports betting will affect the Charlotte area’s gaming sector, it is difficult to see how opening up a second venue for wagering will benefit the city. Without an independent source of information, it’s hard to know if House plans will truly create a situation where the Charlotte area is more open to sports betting.
North Carolina is already the home of the House of Representatives. Because the state House and Senate voted to override the Governor’s signed budget, all the bills were passed into law. Now that the House has officially legalized sports betting in the state, it will be up to the state’s three Congressional delegation to pass similar legislation to legalize online sports betting in the state. If the members of Congress from both chambers to support the idea of legalizing online sports betting in North Carolina, it’s possible that the legislation could come up before the end of the session, as the General Assembly prepares for the Presidential election in January.
The House did overreach, passing the law with a strong majority, but not by votes that would have been favorable for the Governor. While the House passed the bill, it could still face a future battle in the courts with the federal government and the U.S. Department of Justice. Two of the largest sports betting websites, Betfair and Intercasino, filed suit against the state for violating the rights of their customers. The suits were later dropped, but the case still isn’t over.