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Gambling industry bets big on NC ahead of sports betting start date

Gambling industry bets big on NC ahead of sports betting start date

CBS 17

15 hours ago

the waight is almost over we are now less than 2 weeks away from the launch of a mobile sports betting here in North Carolina betting doesn't really start until the 11th of March but right now you can go ahead and start downloading and setting up those accounts with eight different sports books that are licensed to do business in the state CBS 17's Harrison grub is live for us tonight in Glennwood South and Harrison what kind of impact could this have here in the state financially yeah well it c
ould be huge last year the general assembly predicted that this year alone could generate tens of millions of dollars in state revenue draft King sports book is coming in North Carolina bandel is heading to North Carolina we've all heard and seen the ads and now North Carolinians can download and make accounts with eight different online Sports books I enjoy uh Sports and I think it makes the games more interesting there are plenty of early signup specials including bonus bets and profit boosts
I think it's a good way to get people in and you know as long as you're responsible about it uh you know it can pay out it's a growing industry the state should win big on with betc carolina.com projecting a nearly $6.5 billion handle this year alone in a fiscal report last year the general assembly estimated that sports betting would bring in nearly $65 million in Revenue this year climbing north of 100 million by 2027 the largest chunk of that money will go to the state's general fund but Mill
ions will also pull to efforts to promote major events support for College athletics departments and gambling addiction resources looking forward to seeing the economic impact that it has on our economy so um I'm excited about it but while there's plenty of excitement to sign up others say they'll stay away I feel like of course through capitalism it's something that hey the money is there we're going to make a way for it to happen and yeah no just I'm personally not going to do it but I think i
t should be right that we have now I reached out to several of the licensed Sports books to see if they could give me any idea of how many people actually signed up here in North Carolina today they say that they cannot share that information because a competition purposes live in Raley Harrison gr CBS 17 new interesting I was thinking the same thing cuz we've been seeing these ads non-stop for a few weeks now so I'm curious to see how many too all right Harrison thanks we appreciate it

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