North Carolina sports betting update: Where are we now?

winnersandwhiners.com
 
North Carolina sports betting update: Where are we now?

While the January 8, 2024 launch has been postponed, June 14, 2024 is now emerging as the potential kick-off date. Winners and Whiners is your one-stop shop for all things North Carolina sports betting, offering informative guides and keeping you ahead of the curve. We also have the best free and expert picks.

Legalization Progress of Online Sports Betting in NC

While online sports betting is not yet legal in North Carolina, it’s on the horizon! The eagerly awaited launch is slated for early 2024, thanks to the passage of HB 347 in June 2023. This bill marks the second attempt to legalize online sports betting in the state, following the unsuccessful SB 688 in 2022.

Expected  North Carolina Sports Betting Platforms

The NC sports betting scene is expected to be active with several licensed operators. The key names expected to be involved in the launch include:

Each of these outlets will likely offer plenty of NC online sports betting promos once they go live. Make sure you shop around to find the best bonuses and betting environments after the industry launches.

Where to Place Your Bets Now

Until online sportsbooks go live, your options are limited to the retail casinos across the state:

  • Harrah’s Cherokee Casino Resort (Cherokee)
  • Harrah’s Cherokee Valley River (Murphy)
  • Catawba Two Kings Casino (Kings Mountain)
  •  You must be physically located within North Carolina to use NC sportsbook apps.
  • The existing casinos will continue to offer in-person betting.
  • Winnings exceeding the federal threshold must be reported on your taxes.
  • Online sportsbook operators will pay an 18% tax on their monthly revenue.

What to Expect When NC Online Sportsbooks Arrive

While the exact lineup of NC sportsbooks is still unknown, we can expect to see major players like DraftKings, FanDuel, Caesars, Fanatics, and BetMGM to take off quickly.

North Carolina’s sports betting landscape is poised for an exciting transformation in 2024. Winners and Whiners will keep you updated on the latest news, review the best offshore sportsbooks, and provide tips on safe and secure betting practices.

The wait is almost over, and the Tar Heel State could be up and rolling in time for March Madness.

Gambling problem? Call (877-8-HOPENY) text HOPENY (467369). If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-8000426-2537) (IL/IN/LA/MI/MD/NJ/OH/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/KS), 888-789-777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or 1-88-532-3500 (VA).