The First Round of North Carolina Sports Betting Licenses has been Distributed to Operators
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North Carolina is making great strides toward introducing mobile sports betting, and just last week, the state's regulators handed out the first set of sports betting licenses.
On January 24, the North Carolina State Lottery Commission unanimously decided to kick off legal sports betting in North Carolina, starting on March 11. This development comes just in time for the Atlantic Coast Conference men's basketball tournament.
This is a big step forward for the Tar Heel State, which is gearing up for the launch next month. And just last Friday, the North Carolina State Lottery Commission shared some great news: they've given provisional licenses to seven lucky sports wagering suppliers.
“The licensees are the first issued in advance of the March 11 date for the start of sports wagering in North Carolina,” said the regulator. “The provisional licenses are good for 180 days.”
The Regulator is Doing its Part
In North Carolina, the newest license holders are diving into the world of legal sports betting, but not in the way you might think. They're not the ones taking your bets. Instead, these companies are behind the scenes, offering crucial services like content provision, data analysis, and ensuring the integrity of sports betting, among other roles.
The latest additions to North Carolina's licensed crew are:
- SportContentCo LLC
- SIS Content Services Inc.
- Swish Analytics North Carolina Inc.
- Idology Inc.
- LexisNexis Risk Solutions FL Inc.
- International Betting Integrity Association
- FEMG CO.
Although the announcement might not be as flashy as hearing about a new sportsbook opening its doors, it's still pretty exciting news. It marks a step forward in a state where, up until now, the only legal way to place a bet on big games like the Super Bowl on Sunday was to visit a physical casino.
Sportsbooks Waiting for Their Turn
Eight online sports betting companies are hoping to join North Carolina's upcoming wagering scene! They've applied for licenses and formed partnerships to secure their spot in the state's market. Here's who's getting ready to welcome sports fans:
- bet365
- BetMGM
- Caesars Sportsbook
- DraftKings
- ESPN BET
- Fanatics Sportsbook
- FanDuel
- Underdog Sports
They're all set to bring their best to the Tar Heel State's sports betting enthusiasts!
Starting March 1st, all the licensed betting sites can start signing up players. That means players will be able to set up their accounts and start funding them with any operators that have their official certificates of compliance.
When sports betting kicks off in North Carolina on March 11, players can look forward to a host of exciting promotional offers. North Carolina sportsbook promos are expected to feature insured bets and deposit match bonuses akin to the ones Caesars, BetMGM, DraftKings, and FanDuel offer in different states.
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