North Carolina sports betting bill moves to House committees
The bill has been referred to four House committees.
US.- Last month, a bill to legalise sports gambling in North Carolina passed the state Senate. Now, it’s in the House, which has referred the bill to four committees.
The bill will start in House Commerce Committee, then head to Judiciary 1, House Finance and finally House Rules, which decides when the bill actually goes to the floor for a full chamber vote. Time is running out on this legislative session. If the House doesn’t move on the bill this year, it can do so in 2022.
House Rules Chairman Destin Hall, a key leader in the House Republican majority, said: “I don’t know if it’ll pass or not, but we referred it out, and if those committee chairs want to hear it, they can. I expect they probably will, but, in terms of timeline, I don’t know.”
Licensing
SB 688 would allow the state lottery to issue 10-12 operating licences that would last five years and have an initial fee of $500,000 and a $100,000 renewal fee.
Platform and odds providers would be able to apply for licences paying a $25,000 application fee and a $10,000 renewal fee, while other providers would be required to pay $15,000 and $5,000, respectively.
