Legal VLTs Being Discussed for North Carolina Budget

Video Lottery Terminals

Video lottery legalization is being discussed in the North Carolina budget negotiations. 34,000 VLTs across North Carolina would be placed under the control of the North Carolina lottery commission. A portion of North Carolina’s 40% cut will go towards funding for HBCUs, community college, and veteran’s organizations. CHARLOTTE, N.C. – North Carolina lawmakers working towards … Read more

$1,000 A Day For Life Winner, Smart Over Time, Or Lump Sum?

$1,000 A Week For Life

A North Carolina lottery winner won $1,000 a day for life off of a Lucky for Life ticket. Should they take the lump sum, they would be granted $5.75 million before taxes. Taking the annuity will see $365,000 a year before taxes. CHARLOTTE – In Gaston County North Carolina, a lucky lottery player won $1,000 … Read more

Lottery News Roundup 07/07/2022: $1M Prizes For Everyone

Lottery News Roundup

Two $1 million lottery winners came from North Carolina this week. A Dallas gambler won $1 million from a Powerball ticket purchased at a local food mart. A New Mexico player also took home $1 million from a recent Powerball ticket. DALLAS – There are a lot of new millionaires this week thanks to lottery … Read more

North Carolina Online Sportsbooks In Limbo For Last Week

North Carolina Online Sports Betting

North Carolina was poised to pass a sports betting bill, but it failed by one vote. SB 38, a bill amending the original bill, did pass, but without the original bill, it doesn’t do anything. 19 members of the NC House of Representatives did not participate in the vote. RALEIGH, N.C. – Sports betting will … Read more

Casino Developers Could Ultimately Dictate Gambling Policy

Slot Machines

The U.S. House of Representatives passed House Resolution 1619, also known as the Catawba Indian Nation Lands Act, on November 1. Opponents to the bill say that it establishes a dangerous precedent and gives casino developers undue power in dictating gambling policy. WASHINGTON – The Catawba Indian Nation Lands Act – or H.R. 1619 was … Read more

North Carolina Senate Passes New Sports Betting Legislation

North Carolina Senate

SB 688 passed the North Carolina Senate by a vote of 26 to 19. Mobile betting could take effect by January 1 2022 if approved by the House and signed into law. The bill includes an 8% tax rate on sportsbook operators and $500,000 license fees. RALEIGH, N.C. – A groundbreaking new sports betting bill … Read more

North Carolina Senators File New Sports Betting Bill

Jim Perry and Paul Lowe Senate Bill 688

North Carolina Senators Jim Perry and Paul Lowe have sponsored Senate Bill 688 which could bring online sports betting sites and betting venues to NC. The bill would permit 12 online licenses in North Carolina as well as the potential to open up betting sites inside the stadiums of the state’s professional teams. CHARLOTTE, N.C. … Read more