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Financial Impact of Mobile Sportsbook Tax in North Carolina

Financial Impact of Mobile Sportsbook Tax in North Carolina

by Zachary Kelley | Jun 14, 2023 12:58 pm | Legal

Governor Roy Cooper will sign the legal sports betting bill HB 347 into law on Wednesday, as indicated by his public schedule. The fifth edition of House Bill 347 fiscal note emphasizes the impact of the tax increase from 14% to 18% and changes the terminology from...
Legal North Carolina Sports Betting a Gov. Signature Away

Legal North Carolina Sports Betting a Gov. Signature Away

by Zachary Kelley | Jun 7, 2023 6:16 pm | Legal

The North Carolina House has concurred with Senate changes to House Bill 347 on Wednesday afternoon. The bill is now sent to Governor Roy Cooper who is expected to sign. With Governor Cooper’s signature, North Carolina will become the 28th state (including DC) to...
NC House Expected to Concur with Senate Approval of HB 347

NC House Expected to Concur with Senate Approval of HB 347

by Zachary Kelley | Jun 1, 2023 7:51 pm | Legal

The North Carolina House is expected to concur with Senate changes of House Bill 347 that would legalize online and retail sports betting in the Tarheel State. House Bill 347 was approved for a second time in the Senate on Thursday and now advances to the House. With...
North Carolina Sports Betting Bill Advances to Senate Floor

North Carolina Sports Betting Bill Advances to Senate Floor

by Zachary Kelley | May 30, 2023 4:22 pm | Legal

The North Carolina Senate Finance Committee and Rules Committee approved NC HB 347 on Tuesday afternoon. House Bill 347 will now head to the Senate floor for a full vote as soon as Wednesday. RALEIGH, N.C. – House Bill 347 successfully passed in the North Carolina...
North Carolina Sports Betting Bill Advances to Senate Floor

North Carolina Senate Committee Approves Sports Betting Bill

by Zachary Kelley | May 24, 2023 7:19 pm | Legal

The North Carolina Senate Committee on Commerce and Insurance approved amendments to a mobile sports betting bill. Amendments to House Bill 347 include an increased tax rate and horse racing. The bill now heads to the Senate Finance Committee for consideration....
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