Without a mobile betting provision

North Carolina legalizes sports betting

Governor Roy Cooper signed off S154, one of two concurrent bills, paving the way for Harrah’s Cherokee Valley River Casino & Hotel and Harrah’s Cherokee Casino Resort to offer sports betting on an exclusive basis. 
2019-07-29
Reading time 1:07 min
The state’s two tribal casinos, managed by Caesars, are now authorized to offer wagers on sporting events, as Governor Roy Cooper signed off bill S154.

North Carolina has officially become the 17th state in the U.S. to put sports betting onto the statute books late last week. 

The two tribal casinos owned by the Eastern Band of Cherokee Indians will be able to offer legal sports wagering as Governor Roy Cooper signed off S154, one of two concurrent bills, paving the way for Harrah’s Cherokee Valley River Casino & Hotel and Harrah’s Cherokee Casino Resort to offer sports betting on an exclusive basis. 

The second bill remains in flux and is subject to an intelligence-gathering effort, SBC Americas reports.

Crucially, there is no provision for mobile betting, with all wagers to be placed on location. However, there is no requirement for an integrity/royalty fee in the bill and, unlike other states, there is no veto on betting on collegiate sporting events held within North Carolina which would including basketball at Duke University and the University of North Carolina.

The lack of a mobile betting provision in North Carolina’s legislation is puzzling, especially given the comparatively low estimates for sports betting revenue from the two casinos. It is expected they will generate just $14m annually, out of which the state will receive less than $1m. 

The direct opposite will be in effect in neighboring Tennessee which recently passed its own sports betting bill. The Volunteer State has no casinos, hence there will be no terrestrial gaming – just online and mobile. Operators there, however, will be mandated to use official league data.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Condiciones de uso and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR