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Universities will split $10.7 million this year. Projections for the next sports betting provision is over twice as high.
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Rep. Jason Saine, R-Lincoln, told WUNC Monday that he's leaving the legislature to pursue new opportunities. He said he would release more specifics later Monday.
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NCAA President Charlie Baker recently posted a statement urging lawmakers to ban collegiate-level prop betting, where bets are based on the individual accomplishments of individual players. In the statement, he mentioned his concern over prop betting’s effect on the integrity of games and athlete harassment.
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If you’ve been placing online sports bets since FanDuel, DraftKings and the like went live in North Carolina last month, you might want to prepare for a bigger tax bill next year — even if you lose. That’s because of a quirk in the federal tax law, which The Ledger's Tony Mecia wrote about. He joined us for BizWorthy, where we discussed this story and others.
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North Carolinians can now bet on sporting events online. Eight online and mobile sports betting platforms launched Monday at noon.
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Today, North Carolina becomes the thirtieth state to allow online sports betting. And while some sports fans see it as overdue, and it’s clearly a big financial win for… someone, gambling addiction experts worry there will be fallout.
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The North Carolina State Lottery Commission announced Thursday the successful initial applicants for the interactive sports wagering operator licenses. Starting at noon Friday these companies can begin registering adults who want to play when betting is set to begin at noon March 11.
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Legal online sports betting in North Carolina is poised to begin in March on the eve of the region's beloved Atlantic Coast Conference men's basketball tournament.
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Prospects that another expansion of gambling in North Carolina will be included in a state government budget look unclear after House Republicans gauged support in their caucus.
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When asked to evaluate the chances that legislation allowing some combination of new gambling would reach Democratic Gov. Roy Cooper's desk this summer within or separate from a budget agreement, Phil Berger replied: “I’d say better than 50-50."