The launch of legal sports betting in North Carolina is facing delays, making it improbable for the market to go live before the Super Bowl in February, according to a statement from the North Carolina Lottery Commission. Despite a previous ruling out of January 8 as a realistic start date, the latest announcement suggests that even the Super Bowl on February 11 is no longer a feasible target.
Commission’s Perspective:
Commission Chairman Ripley Rand acknowledged the public’s interest in the launch date but emphasized the significant work remaining to be done and the prescribed timetable in state law. He stated, “Unfortunately, that won’t be the case for the Super Bowl.”
Operational Updates:
During its meeting on Wednesday, the commission approved application forms for operators, a crucial step in the regulatory process. However, Rand highlighted the intricate nature of determining the launch date, considering factors such as the volume and completion dates of applications, submission of supporting information, and the extensive review process.
Application Timeline:
The first deadline for submitting applications, expected to be available later this week, is December 27.
The commission has a 60-day window from December 27 to conduct background checks and other necessary evaluations.
The complex nature of the process includes completing rulemaking, reviewing thousands of pages of information, and ensuring applicants comply with North Carolina law and regulatory rules.
Commission’s Focus:
Rand further elaborated on the multifaceted aspects involved in the process, stating, “We’re going to have to complete our rulemaking so that the applicants know what the rules are going to be once the licences are approved, we’re going to need to complete background checks on all the applicants to make sure that they comply with North Carolina law and with all of our rules, and the operators will have to submit their internal controls.”
Super Bowl Impact:
While sports betting enthusiasts had hoped for the market to be operational before the Super Bowl, the commission’s cautious approach and commitment to a thorough review process indicate that meeting this timeline is a challenging task.
North Carolina’s journey toward legal mobile sports betting faces hurdles that may impact its initial launch date, potentially missing the window before the Super Bowl. The stringent regulatory processes and the meticulous evaluation of applications underscore the commission’s commitment to ensuring a well-regulated and compliant sports betting market in the state. As the timeline unfolds, stakeholders will closely monitor developments in the North Carolina sports betting landscape.