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North Carolina ties mobile sports betting access to team and venue partnerships

Regulation

North Carolina’s budget changed the licensing requirements for mobile sports betting, reportedly in September 2023. Applicants must partner with a professional sports team, a major sports facility owner, NASCAR or the PGA Tour; the previous proposal had set a limit of 12 operators, while the new rules have no official cap.

The partnership condition could affect which operators qualify to enter North Carolina’s mobile betting market.

End-of-day close DraftKings (DKNG), USD, to 10 November 2023
Story date14 August 202310 November 2023

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