The online North Carolina sports betting legislation is making progress in its final stages this session with plenty of time remaining. During a reading roll call vote on Wednesday afternoon the Senate voted 38 11 in favor of the online North Carolina sports betting bill HB 347. This advancement moves the legislation to an final reading scheduled for Thursday. In order for HB 347 to move forward it will require the agreement of the House on amendments that have been added since their initial passing of the proposal with a vote of 64-45 back in March. This progress is a positive indicator for the potential launch of North Carolina sports betting apps, which could revolutionize the way residents engage in sports wagering.

As this session comes to an end this month, there is hope that sports betting will be approved. The fact that it cleared one hurdle during its House passage this year is a positive sign. In the session, sports betting legislation from the Senate fell short by just one vote. Throughout this session, various industry sources have remained optimistic about North Carolina’s chances, and the prospect of enticing North Carolina sportsbook promos could further bolster the market’s appeal.

Furthermore, there was another development on Tuesday when a committee removed historical horse racing (HHR) from the bill. Despite an increase in the tax rate and including horse racing in the legislation, industry proponents seem satisfied, with its direction. These changes could potentially pave the way for diverse betting options under the umbrella of North Carolina sports betting, offering a wide range of opportunities for enthusiasts and bettors alike.

If online NC sports betting becomes law, it would go into effect on January 8th, 2024. Regulators would then have 12 months to establish a launch date. The anticipation of this development has many potential bettors on the lookout for promotions like the BetMGM North Carolina bonus code, which could offer attractive incentives for early adopters of the new betting platforms.

“It seems like things are going smoothly,” a source mentioned to us on Wednesday in regards to the progress of HB 347.

The House seems supportive of the changes made by the Senate. While there are differences from the original House version, Representative Jason Saine assured WRAL this week that they are keeping track of the modifications and don’t anticipate any issues.

“The Senate has been thoughtful in their process and have been partners in pushing this legislation forward,” Saine expressed. “We truly appreciate their efforts as sponsors and supporters of this bill in the House.”

If the House agrees, HB 347 will be sent to Governor Roy Cooper, who has shown willingness to sign a sports betting bill. However, if the House does not agree with the amendments, a conference committee will need to resolve any differences before the session concludes.

Not everyone is fully on board with Carolina’s proposed bill. During Wednesday’s Senate floor session that solely focused on sports betting, some legislators voiced concerns about potential exploitation within the industry. Senator Jim Burgin queried why illegal bets couldn’t simply be taxed by the state and suggested that customer funds could be allocated effectively elsewhere. Senator Julie Mayfield drew parallels between sports betting and addictive substances such as heroin, cocaine, and opioids.

Despite facing opposition, the Senate leadership swiftly proceeded with a vote to grant approval for the legislation.

The foundational aspects of the sports betting bill in North Carolina closely resemble last year’s proposal that came close to success. The bill, known as HB 347, aims to legalize up to 12 sportsbooks within the state.

✅ Fact Checked on January 17, 2024 by Ken Weaver