North Carolina Paves The Way For Regulated Sports Betting With A New Bill

For a long time, the North Carolina state gambling regulations were some of the most restrictive in the US. To the relief of many, the Supreme Court of the US repealed the PASPA back in May 2018. And for the first time, there was light at the end of the tunnel for sports enthusiasts! State lawmakers then introduced a bill to perform a study into the expansion of sports betting, and with official approval, things are about to get more exciting.

Following the approval of the sports betting bill, the state government can now start examining how the state will benefit from sports gambling. They could refer to successful states like New Jersey for proper guidance, and in that case, sports gambling will be offered via the land-based casinos in North Carolina. As we speak, however, the state only has 2 Native American-operated casinos, and it’s still not clear whether or not the government will also authorize online sports betting.

A handful of states in the US with regulated sports gambling markets also permit online betting. An excellent example is in New Jersey, where they use geo-targeting technology to control and regulate sports gambling within the state borders. The online casinos in the state are controlled by the land-based casinos.

Before betting on sports takes off in North Carolina, the local authorities will have to set up a new betting regulatory body. This is the body that will be responsible for monitoring the betting industry and collecting revenue, as is the case with all the sates that have legalized sports betting. There’s a good chance that by 2020, locals will be able to bet on sports. For now, however, stay on top of any news about how the new sports betting bill for North Carolina moves forward right here.

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