Last updated: March 14, 2024
North Carolina officially opens its doors to online sports betting with strict regulations in place. Major operators like FanDuel and DraftKings kickstart the market, leveraging secured partnerships with sports teams and leagues. With passionate sports fans and renowned partnerships, North Carolina promises a thrilling experience for online bettors.
North Carolina has gone live with its online sports betting market today, in a historic moment that sees the significant operators make their commencement. The launch is planned for January 2024; House Bill 347 was signed by Governor Roy Cooper in June of the previous year, which implies that several criteria have been met beforehand. Firstly, regulations were set up in January. After that, providers had to verify whether the operators complied with and implemented policy by submitting their internal controls before the market was opened.
The NC State Lottery Commission presented a shift in perspective by granting 8 interactive sports wagering licenses given mainly to reputable and experienced operators in the industry. This starter phase will act as a launch pad for additional expansion of the plan in future. If you look at the leading operators to enter North Carolina, well-established industry giants such as FanDuel and DraftKings quickly pounced to get live offers for both online sports betting.
FanDuel, more specifically, robustly offers enticing sign-up promotions. DraftKings launches its service in North Dakota and 27 other states, however, several other major sports betting companies like Caesars Entertainment, Fanatics, Bet365, BetMGM, ESPN Bet, and Underdog join forces in the race to support sports bettors in North Carolina.
DraftKings passes muster in North Carolina and has teamed up with NASCAR, which has them operate in the state’s sports betting landscape. While speaking as a North American president of Matt Kalish, he used to talk about their new team role as a NASCAR market acceptance partner. He stated that the company’s priority would be the advancement of sports betting in North Carolina by providing a secure, loving platform.
The fire under Kalish’s press to overturn online sports betting’s misleading in North Carolina is understandable given the fact that most people in the state like to watch sports, and others, particularly college basketball.
In addition to DraftKings’ collaboration with NASCAR, other operators have secured partnerships to enter the market.
BetMGM has aligned with the Charlotte Motor Speedway, while Fanatics and the NHL’s Carolina Hurricanes have partnered. ESPN Bet has teamed up with the PGA Tour and the Wells Fargo Championship, while Bet365 has joined forces with the NBA’s Charlotte Hornets. Furthermore, Underdog has reached an agreement with McConnell Golf.
Moreover, several companies like GeoComply, SBTech, and Sportradar, which provide sports data to licensed operators, have been granted sports wagering supplier licenses, valid for five years.
Susan is a verified gambling support specialist who has helped thousands of problem gamblers get back on their feet through therapy and financial counseling. She’s also worked as a cage manager in four Las Vegas casinos and spent two years in Macau in her 30s, where she became extremely savvy at Sic Bo and other Asian table games. Her knowledge and expertise have and continue to play a priceless part in how we structure our content, particularly when it comes to game guides and casino reviews.
