North Carolina Governor Signs Bill To Study Impact Of Sports Betting

North Carolina Governor Signs Bill To Study Impact Of Sports Betting

North Carolina Governor Roy Cooper signed a bill on Thursday to study the impact of sports betting in the state.

After the US Supreme Court legalized sports gambling last year, 12 US states have already legalized and launched sports betting operations, while several others are in the process.

The bill calls for studying the impact of legalized sports gambling as in how much additional revenue it would bring to the state, the positive and negative impacts of legalized sports betting and also study how it can be regulated.

It should be noted that sports gambling is not legal in neighboring NC states except Tennessee which has legalized online sports betting.

Recently, North Carolina approved a bill to legalize casino nights for charities. The house of representatives voted 95-17 in favor of the bill. The changes to the existing legislation were approved, allowing charities to host casino nights now to raise funds.

While charities in the state have been organizing casino nights, now it is approved by the law.

Earlier this year, NC Governor Roy Cooper officially approved the Senate Bill 154 (SB 154) legalizing sports betting operations at tribal casinos in the state.

Following the legalization of the sports gambling bill, two casinos owned by the Eastern Band of Cherokee Indians are now able to offer sportsbooks. The legislation is classified as Class III gaming in North Carolina and the current laws are amended to include sports betting.

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