Catawba Tribe Seeks Online Sportsbook License in North Carolina
The Catawba Tribe in North Carolina announced its intention to pursue an online sportsbook license after state lawmakers agreed on a sports betting measure. The North Carolina General Assembly has forwarded House Bill 347 to Governor Roy Cooper’s desk. Pending the governor’s signature, the legislation will authorize up to 12 online sportsbook licenses. North Carolina does not have any commercial casinos, and its first major expansion of commercial gaming since its lottery in 2005 will be conducted entirely online.
Two Kings Casino’s Plan
The Catawbas, who own and operate Two Kings Casino in Kings Mountain, already have a retail sportsbook at the resort. The Two Kings Sportsbook is operated by third-party IGT through a partnership with the Catawbas. Catawba leaders said that the tribe will seek inclusion in the commercial gambling market and build a sportsbook app. Though the tribe did not specify its mobile app partner, IGT provides an array of business-to-business turnkey sports betting app solutions.
Caesars Sportsbook Likely to Enter North Carolina Market
Caesars Sportsbook is a likely online sportsbook that will enter the North Carolina market next year. Caesars Entertainment, the parent owner of the iGaming and internet sports betting unit, operates two tribal casinos in the Tar Heel State on behalf of the Eastern Band of Cherokee Indians. Harrah’s Cherokee and Harrah’s Cherokee Valley River have retail Caesars Sportsbooks.
Bill Awaits Governor’s Approval
North Carolina’s sports betting bill has been sent to Governor Cooper’s desk in Raleigh for final approval. The governor has 10 days from receipt of the measure passed by the General Assembly to veto the legislation or sign the statute into law. The governor can also choose not to endorse the bill but allow it to go into law without his signature, something that happens after the 10-day period.
The Catawba Tribe’s pursuit of an online sportsbook license in North Carolina highlights the ongoing expansion of the US sports betting market. With more and more states legalizing sports gambling, tribal casinos and commercial operators are competing for a share of the market. As the industry continues to evolve, it will be interesting to see how the Catawbas and other casinos adapt to meet the needs and preferences of customers. Ultimately, the key to success will be offering a safe and secure gaming environment while providing an enjoyable experience for all players.
tags:Catawba Tribe, North Carolina, online sportsbook, Two Kings Casino, Caesars Sportsbook, sports betting, casino.