Saturday, July 20, 2019
Home USA Online Casino News Legal One small area of NC may make sportsbooks legal

One small area of NC may make sportsbooks legal

Gambling on sports is a lucrative million-dollar business that remains unutilized, is freaked upon and not approved by many people. The gambling industry, if well regulated, creates thousands of jobs and is a source for massive revenue collection for states. Many states in the United States have restrictive policies, prohibiting gambling and related activities. Despite the restrictions, many states are angling towards legalization of gambling in sports.

The gambling legislation

The state of North Carolina widely and ruthlessly enforces the prohibitive and restrictive gambling policies. Until recently, legalization of sports gambling was unheard of in NC, just like in many parts of the United States. Lawmakers in the North Carolina Senate recently overwhelmingly voted and passed a motion that with open the doors for sports gambling within NC.

gambling lawThe bill was filed by Jim Davis, whose area of legislation includes the Cherokee reservation. There was prior consultation involving the lawmakers and Native tribes concerning casino gambling. From previous use of the earnings from gambling, the lawmakers established that the Natives have put to good use the gambling earnings. The excellent use of previous earnings assured the lawmakers that should the Natives be allowed to regulate gambling; the profits will benefit the community.

The bipartisan vote in the Senate saw 43 members voting for, with only seven members voting against the bill. The bill will see the legalization of Native American run casinos to offer to bet on sporting activities. The gambling areas to be covered in the law include horse racing, college, and professional sports. The legalization of gambling will be of interest to many gamblers who have been waiting for such an opportunity in NC.

Gambling revenue

sports gamblingThe Native tribes have proved efficient previously on the management of revenues collected from gambling activities. The bill, once in place, will see the Native tribe reap huge benefits from the controlled, regulated, and legalized gambling. The Eastern Band of Cherokee Indians has two western Casinos in North Carolina and stands to get about $14 million in revenues annually. About $1 million will go to the state of NC. The collected revenues will change the landscape of NC, improving on service delivery by the state and changing the lives of the Natives.

The legalization of gambling stems from the recent United States Supreme Court decision of 2018 related to sports gambling. The decision by the courts allowed individual states to create legislation that will regulate and legalize gambling within their states. Although the bill passed by the North Carolina Senate only limits sports gambling to the native tribes, it is a step in the right direction, especially for gamblers.

What is next?

The bill needs first to pass through the House of Representatives. If approved and adopted by the house, it will be the Governors onus to either sign or veto the gambling bill. It is highly likely that if the bill passes the House of Representatives, the governor will sign it into law.

Christian groups have previously opposed gambling legalization in North Carolina. The legislators allayed fears that gambling would spread widely within the state. The explanation given by the lawmakers was that gambling would only be limited to the native-owned gambling facilities.

Should the bill pass through the House of Representatives and be ascended to by the governor, it will become effective immediately.

There is a lot of anticipation within the community and the general public concerning the gambling legalization bill. Despite some opposition against gambling, many people are expecting good tidings that gambling legalization will bring to NC. The state and the Native tribes to benefit mainly from revenue collected from sports gambling.

Disclaimer: All images are copyright to their respective owners and are used by USA Online Casino for informational purposes only.

SHARE
Previous articleCritics question Michigan’s exclusion ban for problem gamblers
Next articleRacist Trump Tweet Slams Tribal Casino Bill
Richard Holmes was born in Tampa, Florida and studied computer science at Pensacola Christian College in Pensacola Florida. A devout Baptist, volunteer Sunday School teacher and online gaming fan, Richard works as a part-time systems administrator at Baptist Hospital and part-time professional blogger specializing in statistics, probability and computer science issues. He is an ardent believer in the future of artificial intelligence as a tool for transforming human society for the better, particularly in the area of health care and modern medicine. A chess player, and competitive online gamer Richard actively participates on online gaming tournaments in his free time.