Tue. Nov 26th, 2024

Will NC expand gambling? Lawmakers to consider sports betting, video lottery terminals

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Sports wagering operators would pay an 18% tax rate on gross wagering revenue and bettors could place in-person wagers at sporting venues under a Senate proposal for legalized mobile sports gambling that passed a committee Wednesday.

The House passed House Bill 347 in late March. Its next stop is the Senate Finance committee. It will not be on the Senate floor this week, according to bill sponsors.

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It contains numerous changes to the House version, many of them less friendly to operators. The crux of the bill remains the same: If it becomes law, it would allow betting on professional, college and other sports through apps on mobile devices for people located in North Carolina beginning Jan. 8.

Playing the lottery is a form of gambling. If you are concerned about your gambling or worried about a friend, you can call the NC Problem Gambling Helpline at 1-877-718-5543. You can also contact the National Helpline at 1-800-522-4700.  

Read more on WRAL.com

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