Two North Carolina Senate committees will today hear a full reading of legislation that could see the legalization of mobile sports betting in the state.
North Carolina Senate Committees to Consider Mobile Sports Betting Bill proposes an expansion of the current retail-only sports betting market to allow online sportsbooks to launch in North Carolina. A House Commerce Committee approved the bill in March of this year, and this was then followed by the Senate Commerce Committee which approved a heavily amended version of the bill last week.The Senate’s finance committee is scheduled to meet at 1 pm today while the Senate rules committee will discuss the legislation at its 2:30 pm meeting later this afternoon. If approved by both committees, the bill could be voted on by the full Senate on Wednesday and Thursday of this week.
While the bill has already been changed quite significantly since entering the Senate, there are more amendments expected in the finance committee.
Even with those changes, the legislation’s chief sponsor believes that if approved by the Senate, the House will accept the amendments. Those changes include a raising of the tax rate from 14% to 18% and the elimination of tax deductions for promotional credits.
One change that was made last week was the inclusion of historical horse race wagering may be removed as there are concerns over the links to slot machines.
Speaking to local news Rep. Jason Saine said:
North Carolina Senate Committees to Consider Mobile Sports Betting Bill North Carolina Senate Committees to Consider Mobile Sports Betting Bill.Meanwhile the Senate is believed to be considering creating a block list of people who would be automatically excluded from gambling. People on this list would include anyone who owes child support or who owes money to the state.
North Carolina Senate Committees to Consider Mobile Sports Betting Bill