Sports betting bill advances in North Carolina Senate – WSOC Television

CHARLOTTE — This week, Senate lawmakers sophisticated a bill legalizing sports betting.

It will be heard in the Senate Finance Committee subsequent week and could be brought up for a floor vote quickly.

[ READ MORE: Bill to legalize sports betting in North Carolina progresses to the Senate ]

Study Extra

Amongst the alterations from the Residence-passed sports betting bill include things like a greater tax on sports wagering operators and funds for UNC Charlotte, East Carolina University and App State University. Senate lawmakers also changed the bill to enable pool betting on horse races and the putting of money bets inside substantial-stadium venues. A single of these venues is the Charlotte Motor Speedway, which is hosting the Coca-Cola 600 this weekend.

If sports betting is legalized, NASCAR fans will be capable to spot bets on subsequent year’s Coca Cola 600. Sports wagering would go into impact on Jan. eight.

Black Mountain NASCAR fan Lisa Summey is a Kyle Busch supporter. She’s pulling for him at this year’s Coca Cola 600 and says she is prepared to place her dollars exactly where her mouth is. She’s hopeful North Carolina will legalize sports wagering.

“Why not?” she mentioned. “You can go to Vegas and bet so why not North Carolina?”

Opponents be concerned about the proliferation of gambling and think it will trigger a lot more harm than excellent.

The Rev. Mark Creech of the Christian Action League told Senate lawmakers that, “All the dollars in the planet that we may obtain from this bill … can under no circumstances replace the virtues that will be diminished due to the fact of its legalization.”

Supporters say North Carolina is missing out on a income stream. Neighboring Tennessee and Virginia have currently passed it.

“I have been waiting a lengthy time for sports betting to come right here that way you can bet on races,” fan Jeremy Taylor mentioned. “If sports betting does come right here it is going to be a excellent factor.”

VIDEO: Mobile sports betting in NC: Exactly where would the dollars go if it becomes legal?

This browser does not assistance the video element.