When is the final date for the sports betting launch in North Carolina? This is a question that many interested bettors are wanting to know as there is no official announcement yet. The last crucial date in the timelines set by the North Carolina Lottery Commission is December 27. This is the last day for operators to submit their applications to gain a license in the state.
Having access to sports betting software will give bettors easy access to sports betting products instead of having to drive state lines to place bets. The state will offer both retail and online betting, of course, to address the demands of the local market. But with online sports betting being so popular, sportsbooks in North Carolina can earn millions each year from online wagering.
Sports Betting Launch in North Carolina to Start in Q1?
The law legalizing sports betting in the state goes into effect on January 8. But without a set of guidelines and licenses issued, sportsbooks cannot move forward. The good thing is, modern technology does help people open sportsbooks easily. With a good bookie software solution people can just create sportsbooks at any time they need to.
However, the goal of the state is to launch sports betting in time for March Madness. Of course college basketball’s biggest event is expected to generate a lot of revenue. Launching sports betting before this happens will be very good for local sportsbooks, and bettors as well. Ideally, having them launch before the Super Bowl would be better, but it looks like March Madness is the focus.
The sports betting committee is set to meet on January 4, and the commission will meet in January 10. Initially, the process of licensing may take 60 days, but we will see if they can shorten this to accommodate the launch goal of March Madness. The state can give licenses to as much as 12 operators, and currently offer retail betting in three tribal casinos. If you are interested in creating a sportsbook to go live even before the New Year, you can read these bookie pay per head reviews to find a good provider.