Online Sports Betting Starts in North Carolina

Last updated on March 14th, 2024 at 06:59 am

For North Carolinian sports bettors, the day is finally here as Online Sports Betting Starts in North Carolina. This is because yesterday was the official launch date of mobile betting in the Tar heel State. Thus, with 8 sportsbooks going live within the state, gamblers will have several options to choose from.

For basketball bettors, the launch of online sports betting could not have come at a better time. This is because the launch is taking place a week before March Madness. Therefore, it will give bookies plenty of time to iron out any issues before the tournament starts.

With this launch, North Carolina is now the 30^th state to have online sports wagering available. Of course, it took a lot of effort to get to this moment but it was all worth it. Sports betting became legal in North Carolina in June of 2023 after it got the signature of Gov. Roy Cooper. However, it took almost a year before the launch of the first sportsbooks.

Legal sports betting in North Carolina will of course, not only benefit gamblers and bookmakers. On the contrary, it will also benefit the state and its citizens. This is not just because of the potential $100 million wagering revenue in 5 years. It is also because it will attract more tourist as bettors do not have to be residents. Instead, they just need to be physically within state lines to legally place their bet.

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Online Sports Betting Starts in North Carolina – What You Need to Know

There are 2 options to bet on sports in North Carolina. The first is to wager in-person at one off the betting venues. The second is by registering online and placing your wager with one of the licensed online sportsbooks. In addition, to place a wager, a person must be at least 21 years or older

An advantage of sports betting in North Carolina is that they do not have any restrictions on college sports betting. However, professional athletes and anyone affiliated with a sports team or league cannot bet on their own sport.

The North Carolina Lottery Commission is the official regulatory body for sports wagering. Thus, they are in charge of regulating it as well as issuing licenses and collecting any fees.

Available Sportsbooks in North Carolina

At the moment, a total of 8 sportsbooks are available to North Carolinian gamblers. For those thinking about starting a basketball betting business, it is not too late. As long as you can find a partner and pay a $ million license fee you can do it!