Jan 25, 2024 - News

🏀 Sports betting in N.C. launches soon

sports wagering in North Carolina becomes legal in an announcement at the Spectrum Center in Charlotte

Gov. Roy Cooper signed HB347, which legalized mobile sports betting, into law at Spectrum Center in Uptown last June. Photo: Ashley Mahoney/Axios

You'll be able to place sports bets on your phone in North Carolina starting Monday, March 11, at noon, Axios' Ashley Mahoney writes.

  • The North Carolina Lottery Commission unanimously approved the start date on Wednesday morning.

Why it matters: Mobile sports betting will be up and running for the ACC and the NCAA basketball tournaments.

Catch up quick: Gov. Roy Cooper signed House Bill 347: Sports Wagering/Horse Racing Wagering into law last June, but that didn't mean people could immediately start legally gambling on their phones.

  • The law gave the N.C Lottery Commission a year from the date it was signed to establish a set of ground rules.
  • Operators will be taxed at a rate of 18%, which will generate tax revenue for the state.
  • You'll be able to bet on professional, college, electronic and Olympic sports, plus horse racing.

Of note: In-person betting and betting on horse racing will have a different start date.

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