This page offers detailed analysis of the North Carolina sports betting scene.
History Behind Proposed Sports Betting Bill in North Carolina
American states were allowed to legalize sports betting in 2018 when the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA). PASPA was deemed unconstitutional by a 6-3 decision in the summer of 2018. States with an aggressive action plan went on to legalize sports betting by the end of the year.
Not all states took a fast-paced approach to legalize sports betting. North Carolina was one state that hasn’t acted swiftly, but the implementation process is almost complete as of the end of 2020. Politicians in North Carolina were receptive to bringing sports betting to the state.
These politicians knew the effect sports betting tax revenue could have within North Carolina. States throughout America really benefited from sports betting during the COVID pandemic because of the increased financial support that the gambling form provided. North Carolina began discussing sports betting after PASPA was struck down, but it wasn’t legalized until the summer of 2019.
The act that legalized sports betting and horse racing in North Carolina was called Bill 154. This law had some very strict regulations so North Carolina may not benefit like many other states where sports betting is legalized. Even though sports betting was legalized in the summer of 2019, no sportsbooks have launched within North Carolina as of December 2020. The expected launch is sometime in the early months of 2021.
What Sports Betting Bill in North Carolina Says
Bill 154 was the legislation that gave North Carolina the ability to start planning for the launch of sports betting within the state. The details of the bill were relatively simple compared to other states that offer legal sports betting. Bill 154 was passed in the summer of 2019, so they have been unable to implement sports betting for a year and a half with no specific launch date in mind.
Bill 154 only permits tribal casinos to offer sports betting and horse wagering in the state. There are only two tribal casinos, so this isn’t going to be accessible for all residents in the state. Both casinos are located on the western border of North Carolina.
Online betting is not allowed in Bill 154. Mobile wagering has been shown to dominate revenue figures in other areas of the country. There have been claims that the state will try to implement online wagering in the future, but the initial launch of sports betting will only include two retail sportsbooks.
Sports betting will be available in the state in the near future. Governor Roy Cooper signed and amended the gaming compact which will be reviewed by the Eastern Band of Cherokee Indians in the middle of December. The negotiation process has been strung out by the Governor in order to create an agreement between both parties.
Expectations of Sports Betting in North Carolina
The fact that North Carolina will not offer sports betting is disappointing. Many state residents have expressed frustration with Bill 154, but hopefully, this will change after retail books are opened. The retail betting experience will be a first-class gambling setup for people who are able to make the trip to the state’s two tribal casinos.
The Cherokee Tribe owns and operates the two casinos in North Carolina. They run the casinos under the Harrah’s brand. These locations are popular for casino gaming, so the tribe is very excited to launch their new sportsbooks.
Caesars Sportsbook will be the presenting sports betting company for each location. Caesars will have a monopoly within the state. The sportsbooks will feature luxury amenities including an overwhelming number of televisions and seating to enjoy the games.
The state is still finalizing the agreement with the Eastern Band of Cherokee Indians regarding taxes. The proposal is that the state will receive 5% of total gaming revenue in the two sportsbooks. If the sportsbooks meet expectations, North Carolina will benefit from sports betting. However, two retail sportsbooks won’t provide enough financial support to make a true difference in the North Carolina economy.
The door has been opened with retail sportsbooks, but it’s only the beginning for North Carolina if they want to take advantage of legal sports betting.
Sports Teams to Bet on in North Carolina
North Carolina is the home of three major professional sports franchises. All three teams are loved throughout the state. The three franchises that play in North Carolina are the Carolina Panthers, the Charlotte Hornets, and the Carolina Hurricanes.
The Carolina Panthers played their first season in North Carolina in 1995. The team is a member of the NFC South in the NFL. The Panthers are owned by David Tepper and led by Matt Rhule. The Panthers have had a fairly successful run in their brief history as a franchise. They won the NFC South for three straight years from 2013 to 2015 and they won the NFC conference in 2015. The team has been unable to win a Super Bowl, but Matt Rhule has the Panthers moving in the right direction.
The Charlotte Hornets are an NBA franchise that plays in the league’s Eastern Conference Southeast Division. The team is owned by Michael Jordan and coached by James Borrego. Ever since Michael Jordan became involved with the Hornets, interest in the team has grown around the state. The team was founded in 1988, but they have only been playing as the Hornets since 2014. They have no division or conference titles to their name.
The Carolina Hurricanes play in Raleigh. They are a member of the NHL’s Eastern Conference and play in the Metropolitan Division. The Hurricanes are coached by Rod Brind’Amour and have won one Stanley Cup in the 2005-06 season. Since 2005-06, the team hasn’t won a division title.
FAQ for Betting in North Carolina
Is sports betting legal in North Carolina?
Yes, sports betting is legal in North Carolina. It was legalized in the summer of 2019, however, it has not been implemented in the state just yet. Sports betting is only legal at the state’s two tribal casinos in the western portion of the state.
When is the projected sports betting launch in North Carolina?
There is no specific launch date for sports betting in North Carolina. However, the goal of lawmakers is to get sports betting started in early 2021. It has been a year and a half since the North Carolina legislature legalized sports betting in the state.
Is mobile sports betting legal in North Carolina?
No, the initial North Carolina sports betting legislation does not include mobile wagering. This could change in the future, but no concrete discussions have taken place as of December 2020.
What’s the legal sports betting age in North Carolina?
The legal sports betting age in North Carolina is 21 years of age.
Who will run the retail sportsbooks in North Carolina?
The retail sportsbooks will be available at the Cherokee tribe’s two casinos in the state. Caesars Sportsbook will run the book on property.
Can you bet on college sports in North Carolina?
Yes, as soon as sports betting is implemented in the state you will be able to place wagers on college teams.