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November 16, 2023Indiana Sports Betting Continues to Soar
November 16, 2023During a recent committee meeting of the North Carolina Lottery Commission, it was revealed that the state will allow legal sports betting apps starting next year. Rules for mobile wagering were discussed at the commission’s sports betting committee meeting. The group mentioned that a launch won’t occur until next year and touched on a launch timeframe in passing. The legal mobile sports betting market in North Carolina must launch between January 8 and mid-June of 2024, according to legislation.
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Commissioner Cari Boyce addressed Chairman Ripley Rand, saying, “Thank you… for clarifying that this would not be done by Jan. 8 otherwise we would probably be meeting daily instead of weekly to get all that done.” The national championship game for college football is scheduled on January 8. It’s unknown if mobile betting apps will be accessible by the dates of the Super Bowl on February 11 and March Madness on March 19.
Wording likely to stop fantasy operators like Underdog Fantasy and PrizePicks from running pick’em-style fantasy games in the state was added in proposed regulations for sports betting in North Carolina. Wording specifically prohibiting any fantasy game from being “based on proposition wagering or contests that involve, result in, or have the effect of mimicking proposition wagering or other forms of sports wagering” was incorporated in the definition of fantasy sports contests.
However, after opposition throughout the public comment process, it is anticipated that this provision would be dropped from the sports betting regulations. The pick’em-style games are a legal type of fantasy sports betting, but the sports betting committee stated that they would rather to concentrate on sports betting laws than get involved in the escalating dispute over this issue. The games are prohibited in several states, such as Michigan. The committee recommended that it monitor other states’ policies regarding pick’em-style games and take appropriate action.
Billy Traurig, chief legal officer of the lottery, stated, “We want to take this time to focus on moving the rules forward, getting the operators licensed, and having sports betting launched in a timely and efficient manner.” Operators of fantasy sports looked at Tuesday’s discussion as favorable, but the rules still need to be adopted by the entire lottery commission.
The state’s betting catalog was examined on Tuesday and contains a very normal list of permitted markets. Esports are not currently available for wagering, although that could change if an operator requests to have them added. The lottery commission will convene on Thursday to talk about rule approvals and to have a more thorough discussion of the betting catalog. These are some of the commission’s upcoming actions; it also intends to soon begin accepting license applications.
In addition, a brand-new website called ncgaming.gov was developed to serve as the primary resource for details on the laws and guidelines governing sports betting in North Carolina.
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