North Carolina Gov. Roy Cooper signed into law Wednesday an act to launch and regulate wagering on horse racing and sports betting as early as January of 2024, reports the Associated Press.
“This is an historic moment for the state of North Carolina and this will benefit our economy for generations to come,” Cooper said at a ceremony announcing the new law.
The North Carolina Lottery Commission will issue up to 12 sports wagering licenses for mobile and online sports betting, as well as up to eight licenses for in-person betting locations.
Gambling on the races will be authorized via separate licenses and accounts, but the Commission will also be authorized to set rules for live horse racing.
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