NHL’s Hurricanes looking to capitalize on North Carolina’s sports betting bill

NHL’s Hurricanes looking to capitalize on North Carolina’s sports betting bill

Article brief provided by The Hockey News
  • Ryan Henkel, The Hockey News
June 8, 2023 9:43 PM
  • Ryan Henkel, The Hockey News

Both bodies of the NC General Assembly finally approved HB347 on Wednesday which will legalize online sports betting in the state of North Carolina.

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While sports betting was already allowed in the state’s three tribal casinos, the bill will finally legalize online wagering by allowing up to 12 mobile gambling sites to obtain five-year operating licenses within the state.

Those licenses, which are renewable, will cost $1 million and the operators will have to pay an 18% tax on their gambling revenues.

The bill will now head to Governor Roy Cooper – who’s expressed his support for legalized sports betting many times before – for his signature before officially becoming law.