North Carolina Set to Legalize Sports Betting in 2024

Landmark Legislation to Bring Expanded Gaming Options to Tar Heel State

### Voters Approve Constitutional Amendment North Carolina voters have spoken, overwhelmingly approving a constitutional amendment to legalize sports betting in the state. The amendment, which passed with nearly 60% of the vote, will allow for the establishment of retail and online sportsbooks throughout North Carolina.

Timeline for Implementation

The legalization of sports betting in North Carolina is expected to be a gradual process. The state legislature will need to pass implementing legislation to establish the regulatory framework for sports betting. Once this legislation is in place, the North Carolina Lottery will begin accepting applications for sports betting licenses. It is anticipated that the first sportsbooks will open their doors in 2024.

Economic Impact

The legalization of sports betting is expected to have a significant economic impact on North Carolina. The state is projected to generate tens of millions of dollars in tax revenue from sports betting, which will be used to fund public education and other state programs. Additionally, the creation of new jobs in the sports betting industry will boost the state's economy.

Responsible Gaming

The North Carolina Lottery is committed to responsible gaming. The agency will implement a comprehensive set of regulations to protect consumers and prevent underage gambling. These regulations will include measures to prevent problem gambling, such as self-exclusion programs and limits on betting amounts.

Next Steps

The North Carolina Lottery will now begin the process of developing implementing legislation for sports betting. The agency will work with stakeholders, including law enforcement, consumer advocates, and industry representatives, to ensure that the new regulations are fair, effective, and protective of the public interest.