Along with DraftKings and BetMGM, the applicants included FanDuel, ESPN Bet, bet365, Fanatics, and Underdog Sports. Licenses cost $1 million and sportsbooks will share 18% of their gross proceeds with the state.<\/p>\n
DraftKings is using its longstanding relationship with NASCAR in its quest to run a retail and online sportsbook in North Carolina. DraftKings is expected to launch its 26th sportsbook by way of Vermont on January 11. The company hopes North Carolina becomes its 28th sports betting state later this year.<\/p>\n
\nDraftKings and NASCAR have collaborated closely with each other over the years, sharing a like-minded commitment to enhancing the fan experience. We look forward to the next chapter in our journey together and offering our leading mobile sportsbook to fans in the state of North Carolina,” Matt Kalish, president, of DraftKings North America, told Casino.org<\/i>.<\/p>\n<\/blockquote>\n
In announcing its North Carolina sportsbook partnership, DraftKings additionally revealed an expanded sponsorship with NASCAR. Effective immediately, DraftKings is the exclusive daily fantasy sports partner of the stock car racing circuit.<\/p>\n
BetMGM is betting on North Carolina with Charlotte Motor Speedway. The track, which is about 13 miles outside of Charlotte in Concord, hosts two annual NASCAR races, including the prestigious Coca-Cola 600 on Memorial Day and the Bank of America Roval 400.<\/p>\n
“We have been eagerly awaiting legal, safe, regulated online sports betting in North Carolina, a state with more than 10 million people and one of the most vibrant sports environments in the country,” said BetMGM CEO Adam Greenblatt. “BetMGM’s partnership with Charlotte Motor Speedway meets a great demand for entertainment from North Carolinians.”<\/p>\n
Initial Seven<\/b><\/h2>\n
State gaming regulators are conducting background probes of the seven initial sportsbook firms that filed applications. North Carolina’s sports betting law requires bets to begin by June 15 of this year. Cooper hopes to have the market open in time for the NCAA’s March Madness basketball tournament.<\/p>\n