Senate Bill 688 proposes that the state issues 12 sports wagering licenses with mobile-only options available. Large sporting venues would be allowed to open dedicated sportsbooks and partner with established operators.
North Carolina Senators Introduce Sports Betting BillThe news follows the publication of a report just last week that detailed the impact increased betting opportunities would have on the state. The report, published by Spectrum Gaming, projects state revenues of $350 million from sports wagering alone over the next five years.
North Carolina is a state that is traditionally against the expansion of the existing gambling options, but Sen. Perry stated that it was time to look at all options particularly in the wake of the economic downturn due to the Covid-19 pandemic.
Speaking to the Raleigh News & Observer, Perry said:
North Carolina Senators Introduce Sports Betting BillThe bill is now before a committee for consideration but must be approved and passed through to the House by May 13th.
North Carolina Senators Introduce Sports Betting BillImage credit: Famartin / CC BY-SA 4.0
