Report: Senate Vote On North Carolina Betting Bill Coming Soon

The North Carolina Senate is expected to vote on a bill to legalize mobile sports betting next week, according to a report from WRAL.'

HB 347 passed through the Senate Commerce and Insurance Committee on Wednesday with a few amendments, sending it to the Senate Finance Committee for potential consideration next Tuesday. Sen. Phil Berger told WRAL the bill is expected to head to the Senate floor for votes Wednesday and Thursday. The projected timeline paves the way for North Carolina to legalize mobile sports wagering in June.'

North Carolina, which currently allows only retail sports wagering at tribal casinos, would have up to 12 mobile operators under the bill, with a Senate amendment taxing their adjusted gross revenue at 18% instead of the 14% in the House-approved version. The new version of the bill does not allow operators to deduct promotional play from taxable revenue.'

Additionally, recent amendments allow for parimutuel wagering on horse racing, as well as the opportunity for historical horse racing and live horse racing if there's a track built in North Carolina. The bill that passed through the House in late March did not include horse-racing language.

Potential legalization timeline

  
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