North Carolina: Changes in the Gambling Sector

The Sports Betting Commission has approved a second set of rules, detailing requirements for betting operators in areas such as advertising and responsible gambling.

What are these rules?

  1. Betting operators cannot use terms like "risk-free" and "free" in any promotional activities. Additionally, all marketing in colleges and universities is prohibited to prevent associations with educational institutions.
  2. Bookmakers are prohibited from purchasing or entering into copyright agreements regarding the naming rights of sports facilities.
  3. Operators must submit a comprehensive plan to the regulator to address gambling problems, including voluntary and compulsory self-exclusion measures.
  4. Any cash bets over $10,000 can only be processed with the player's identification and proper documentation from the operator.

The launch of a regulated betting market in North Carolina, as provided by bill HB 347, is expected in 2024.

18 November 2023, 01:00

BettingUSA

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