When does sports betting go live in north carolina

When does sports betting go live in North Carolina?
Source Date Status
Legal Sports Report May 2023 Expected launch date
Gaming Today Summer 2023 Anticipated launch date
ESPN May 2023 Projected launch date
USA Today May 2023 Scheduled launch date
CBS Sports May 2023 Planned launch date

Legal sports betting in North Carolina
Key Points Details
Legalization Passed in July 2022
Expected launch May 2023
Types of bets Online and retail sports betting
Taxes 8% tax on gross gaming revenue
Age requirement 21 years or older

Timeline of sports betting in North Carolina
Date Event
November 2021
July 2022 Sports betting bill passed by the North Carolina General Assembly
May 2023 Expected launch of legal sports betting in North Carolina

Frequently Asked Questions about Sports Betting in North Carolina
Question Answer
When will sports betting launch in North Carolina? May 2023
What types of bets will be available? Online and retail sports betting
How old do I need to be to bet on sports in North Carolina? 21 years or older
What is the tax rate on sports betting winnings? 8%
Can I bet on college sports in North Carolina? Yes

Top Sportsbooks Expected to Launch in North Carolina
Sportsbook Expected Launch Date
DraftKings May 2023
FanDuel May 2023
BetMGM May 2023
PointsBet May 2023
Caesars Sportsbook May 2023

Benefits of Legalized Sports Betting in North Carolina
Benefit Details
Increased tax revenue Sports betting is expected to generate millions in tax revenue for the state of North Carolina
Job creation
Economic development Sports betting can help to boost tourism and economic development in North Carolina
Consumer protection Legalized sports betting provides consumer protections and ensures that bettors are playing on fair and safe platforms
Entertainment value Sports betting can add excitement and entertainment value to sporting events

Risks of Legalized Sports Betting in North Carolina
Risk Details
Problem gambling Sports betting can lead to problem gambling for some individuals
Addiction Sports betting can be addictive, and some individuals may find it difficult to control their betting behavior
Financial ruin Sports betting can lead to financial ruin for some individuals who bet more than they can afford to lose
Match-fixing Legalized sports betting can create opportunities for match-fixing and other forms of corruption
Youth gambling Legalized sports betting can make it easier for young people to gamble, which can lead to problems later in life

Responsible Sports Betting
Tip Details
Set a budget and stick to it Only bet what you can afford to lose
Don’t chase losses If you lose a bet, don’t try to win it back by betting more money
Take breaks Don’t bet for long periods of time without taking breaks
Seek help if you need it If you think you have a gambling problem, seek professional help
Remember that sports betting is entertainment Don’t let sports betting become more important than your other responsibilities

Resources for Problem Gambling
Organization Website Phone Number
National Council on Problem Gambling ncpgambling.org 1-800-522-4700
North Carolina Problem Gambling Program ncpgambling.org 1-888-819-5633
Gamblers Anonymous gamblersanonymous.org 1-855-222-5542