Sports betting bill moves forward in North Carolina Senate – VSOC Television

CHARLOTTE — This week, Senate lawmakers introduced legislation to legalize sports betting.

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

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

In additional detail

Amongst the modifications to the Residence-passed sports betting bill are a greater tax on sports betting operators and funding for UNC Charlotte, East Carolina University and App State University. Senate lawmakers also changed the law to let betting on horse racing and money betting at main stadiums. One particular of these areas is Charlotte Motor Speedway, which is hosting the Coca-Cola 600 this weekend.

If sports betting is legalized, NASCAR fans will be capable to bet on subsequent year’s Coca Cola 600. Sports betting will go into impact on January eight.

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

“Why not?” She stated. “You can go to Vegas and bet, so why not North Carolina?”

Opponents are concerned about the spread of gambling and think it will do additional harm than excellent.

The Rev. Mark Creech of the Christian Action League told lawmakers on the Senate floor that, “All the funds in the planet we could get from this bill … can under no circumstances replace the virtues that will be diminished by its legalization.”

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

“I’ve been waiting a extended time for sports betting to come right here so you can bet on the races,” fan Jeremy Taylor stated. “If sports betting comes right here, it will be a excellent point.”

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

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