Current:Home > ScamsNorth Carolina authorizes online sports betting to begin on eve of men’s ACC basketball tournament -Excel Wealth Summit
North Carolina authorizes online sports betting to begin on eve of men’s ACC basketball tournament
Burley Garcia View
Date:2025-04-09 11:16:49
RALEIGH, N.C. (AP) — Legal online sports betting in North Carolina is poised to begin in March, state gambling regulators decided Wednesday, setting the start date for the eve of the region’s beloved Atlantic Coast Conference men’s basketball tournament.
Members of the state lottery commission, which was tasked by the General Assembly last year to license sports gambling operators, voted unanimously to set noon March 11 as the time in which sports betting can commence on mobile devices and computers.
The ACC Tournament begins in Washington on March 12, with the NCAA men’s and women’s basketball tournaments to start the following week.
When sports betting is up and running statewide, anyone 21 or older can make bets on pro, college or Olympic-style sports. But the opening date certainly emphasizes the importance of college basketball in North Carolina, where four ACC schools are located and the men’s tournament began in the 1950s.
“Bets on sporting events have been made for as long as those events have taken place, but this time they will be legal, they will be done securely and fairly, and they will be made under rules designed to encourage responsible gaming,” commission Chair Ripley Rand said in a news release.
Nine entities have applied with the commission to take bets in the state, the commission has said. Those applicants must receive a certificate of compliance in order to offer betting on their online platforms. Application reviews are continuing.
Starting March 1, betting customers can create new accounts and deposit money with a licensed operator that has obtained a certificate. That will give the public time to choose between competing operators on their betting terms and get used to online interface and responsible gambling features, Sterl Carpenter, a commission executive overseeing sports gambling, told commission members.
The 2023 law approved by the state legislature and signed by North Carolina Gov. Roy Cooper said sports gambling could begin no later than June 15. It also authorized in-person sports gambling at approved sportsbooks and parimutuel betting on horse racing. but neither will start in March. The in-person betting will begin on a “case‐by‐case basis” as interested operators meet requirements, according to Carpenter.
Each gambling operator seeking a piece of the new North Carolina market was required in its application to enter an agreement with an in-state team, sports venue or league to obtain a license. The applications are not public, but some applicants have announced such agreements. For example, the NBA’s Charlotte Hornets have an agreement with bet365.
Legal sports betting already has been happening in North Carolina at three casinos operated by either the Eastern Band of Cherokee Indians or the Catawba Indian Nation. The two tribes have now applied for online licenses with the state.
North Carolina would become the 30th state, along with the District of Columbia, to offer mobile sports betting, according to the American Gaming Association.
Getting sports betting up and running has been a massive endeavor for the commission and its employees, which has had no previous experience with such wagering until now.
“The commission directed staff to implement sports betting as soon as practicable and to do it in a complete, professional, transparent manner and with the highest standards of integrity,’ said Carpenter, who was hired last summer after regulating sports betting in Massachusetts. ”We’ve done our best to meet this directive.”
veryGood! (29)
Related
- Travis Hunter, the 2
- Lawyer defending New Hampshire in youth center abuse trial attacks former resident’s credibility
- Trump’s $175 million bond in New York civil fraud judgment case is settled with cash promise
- Watch: Phish takes fans on psychedelic experience with Las Vegas Sphere visuals
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- With graduation near, colleges seek to balance safety and students’ right to protest Gaza war
- Nets hire Jordi Fernandez: What to know about Brooklyn's new head coach
- Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Patti Smith was 'moved' to be mentioned on Taylor Swift's 'Tortured Poets Department'
Ranking
- South Korean president's party divided over defiant martial law speech
- America’s child care crisis is holding back moms without college degrees
- Earth Day: Our Favorite Sustainable Brands That Make a Difference
- 'American Horror Story: Delicate' Part 2 finale: Release date, time, where to watch and stream
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Celebrity blitz: Tom Brady set up for 'live, unedited' roast on Netflix next month
- When red-hot isn’t enough: New government heat risk tool sets magenta as most dangerous level
- U.S. News & World Report lists its best electric and hybrid vehicles for 2024
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Patti Smith was 'moved' to be mentioned on Taylor Swift's 'Tortured Poets Department'
Celebrity designer faces prison for smuggling crocodile handbags
Orlando Magic guard Jalen Suggs helped off with left knee injury in Game 2 against Cavaliers
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Storm relief and funding for programs related to Maine’s deadliest-ever shooting included in budget
Terry Anderson, reporter held hostage for years in Lebanon, dies at 76; remembered for great bravery and resolve
With graduation near, colleges seek to balance safety and students’ right to protest Gaza war