The launch of online sports betting in the Tar Heel State is not the end of the work for North Carolina regulators.
The legislation that authorized online sports betting in the Tar Heel State did the same for pari-mutuel wagering on horse racing, the launch of which is still TBD.The launch of online sports betting in the Tar Heel State is not the end of the work for North Carolina regulators, who must continue to keep an eye on operators while also turning their attention to horse racing and new retail wagering facilities.
While the sport of kings is not the same draw as it was 50 years ago, it still has plenty of loyal fans and bettors,as another valuable product they can offer to customers. For example, DraftKings and FanDuel now have standalone horse-racing platforms. Van Denton, communications director for the lottery commission, noted the regulator has already made progress on pari-mutuel wagering.
As with sports betting, horseplayers will have to be 21 and older to wager. All of the wagering will also be in the pooled, pari-mutuel fashion, with its changing odds. That is at least for the time being, as state lawmakers have not authorized any fixed-odds betting on horse racing. The commission is also ready to review requests to site and open “places of public accommodation,” which is the state’s term for the retail sportsbooks that can be located at or near professional sports venues.
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