Gov. Roy Cooper (D) has expressed his willingness to sign a sports betting bill should one land on his desk.<\/p>\n
State fiscal projections estimate that the Tar Heel State could reap more than $100 million a year in new tax revenue from a mature sports betting market. But with the state’s annual budget at about $30 billion, opponents of gaming expansion say the money grab isn’t worth the potential negative societal costs.<\/p>\n
\nI don’t feel good about the direction we’re moving in the state in relation to gambling issues,”<\/strong> said Sen. Ralph Hise (R-Mitchell), the Senate’s No. 2 Republican who voted against HB 347 in the Rules and Operations Committee. “Once we’ve opened the door to it coming in, it’s all going to be there.”<\/strong><\/p>\n<\/blockquote>\nNorth Carolina doesn’t have commercial casinos but is home to three tribally owned gaming resorts, including Harrah’s Cherokee, Harrah’s Cherokee Valley River, and Catawba’s Two Kings Casino.<\/p>\n
Should HB 347 pass the Senate, the bill would return to the House for the lower chamber to sign off on the Senate adjustments before moving to Cooper’s office.<\/p>\n","protected":false},"excerpt":{"rendered":"
The North Carolina Senate is slated to consider sports betting this week in the Raleigh capital. <\/p>\n","protected":false},"author":25,"featured_media":275415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,1074],"tags":[82114,80968],"acf":[],"yoast_head":"\n
North Carolina Sports Betting Bill Moves to Senate Floor<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n