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January 12, 2024A formal designation agreement between DraftKings and NASCAR will allow the sportsbook to provide mobile sports betting in North Carolina and BetMGM has announced a partnership and Charlotte Motor Speedway. The sports betting industry in North Carolina is anticipated to launch in the first half of 2024 and in order to obtain mobile access, operators must collaborate with professional sports leagues, teams, or venues. NASCAR was definitely helpful for both DraftKings and BetMGM, as two of the state’s sports teams, the Carolina Hurricanes and Charlotte Hornets already came to previous agreements.
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“DraftKings and NASCAR have collaborated closely with each other over the years, sharing a likeminded commitment to enhancing the fan experience,” DraftKings president of North America Matt Kalish, said to the media, “We look forward to the next chapter in our journey together and offering our leading mobile sportsbook to fans in the state of North Carolina.”
A number of other operators have declared alliances that will enable them to run their betting apps in North Carolina. The NBA’s Charlotte Hornets and NHL’s Carolina Hurricanes have reached agreement with Fanatics Sportsbook and bet365, respectively. FanDuel has access to the PGA market with to its partnership with the PGA, while ESPN BET has partnered with Quail Hollow Club, a PGA Tour venue. BetMGM declared that it will collaborate with Charlotte Motor Speedway to provide mobile access in North Carolina. Caesars Sportsbook is anticipated to obtain access via an established affiliation with the state’s tribal casinos, while Underdog has not formally disclosed any collaborations for mobile betting accessibility.
The agreement between BetMGM and Charlotte Motor Speedway was a big one for BetMGM to get. “We have been eagerly awaiting legal, safe, regulated online sports betting in North Carolina, a state with more than 10 million people and one of the most vibrant sports environments in the country,” BetMGM CEO Adam Greenblatt said in a press release. “BetMGM’s partnership with Charlotte Motor Speedway meets a great demand for entertainment from North Carolinians. Together we will deliver a premier and responsible gaming product that benefits many state agencies.”
Although a formal launch date for the North Carolina mobile lottery has not yet been announced, Governor Roy Cooper recently said that the state lottery intends to enter the market by the middle of March. Sportsbooks needed to get their agreements in place before that time to be ready to open. In the next months, eight sportsbooks in North Carolina are expected to open for business, based on licensing applications that have been received. Most of those operators have declared alliances that will grant them access to mobile data in the state. These operatives, together with their associates are:
bet365 (Charlotte Hornets)
BetMGM (Charlotte Motor Speedway)
DraftKings (NASCAR)
ESPN BET (Quail Hollow Club)
Fanatics Sportsbook (Carolina Hurricanes)
FanDuel (PGA Tour)
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