Baltimore Casino Company Personnel Funded North Carolina LawmakersBy: Grant Mitchell
The Cordish Companies, a casino development company based in Baltimore, was responsible for contributions to at least eight politicians. There is concern that if the lawmakers proceed with the draft to the benefit of The Cordish Cos., it will perpetuate a system wherein businesses and political parties work for one another.
States Prepare for NFL Sports Betting Takeover Starting in SeptemberBy: Grant Mitchell
Since football last kicked off a new season in September 2022, states such as North Carolina and Kentucky have made major legislative changes to legalize and expand their sports betting markets. States with existing markets are also feverishly preparing for what will be the busiest time of the year for sportsbooks.
North Carolina Governor Expected to Sign Sports Betting Law WednesdayBy: Grant Mitchell
Gov. Cooper has the opportunity to sign off on a new groundbreaking piece of legislation because of the efforts of the state congress. There were lots and back-and-forths and revisions of plans before the House and Senate ultimately settled on House Bill 347.
Expansion of North Carolina Sports Betting Almost at the Finish LineBy: Grant Mitchell
The North Carolina House is meeting Wednesday to discuss a plan to expand legal sports betting outside of a couple of retail establishments with the use of online and mobile sportsbooks. At the end of the discussion, a vote will determine if the plan is approved and goes to the Governor’s desk.
North Carolina Online Sports Bill Advances Out of Senate CommitteeBy: Grant Mitchell
The Senate Commerce and Insurance Committee delivered its verdict in favor of HB 347 roughly one month after the House of Representatives voted on the sports betting bill. The changes of note were to the tax rate and addition of pari-mutuel betting on horse racing events.
North Carolina House Advances Online Sports Betting Bill After Previous FailureBy: Grant Mitchell
North Carolina is one of 36 states that have legalized sports betting in at least some form, although the options are restricted to a few in-person outlets. Online sports betting has been more divisive, largely due to the debate over betting on college sports.