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North Carolina Senate Approves Bill to Legalize Sports Betting

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Senate lawmakers tentatively approved sports gambling in North Carolina on Wednesday. The narrow 26-21 vote, which didn’t follow party lines, broke precedent for Senate Republican leaders.

Senate Bill 688 would legalize betting on sports online, via mobile phone and in person at approved facilities in the immediate area of major sporting events. The North Carolina Lottery Commission would handle the regulation of the industry.

The state would raise money from the industry by getting an 8% cut of the proceeds and by charging for no more than 12 state licenses for online sports betting outlets, not counting additional tribal licenses.

Online gambling outlets would have to pay $500,000 for their initial license and then $100,000 annually to renew. The state would also require licenses and fees from vendors that supply licensed gambling operations.

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The money would go to the state’s general fund “to support education,” according to sponsor Sen. Jim Perry, R-Lenoir.

Perry acknowledged the difficulty of persuading many lawmakers to support the idea. He said it is an attempt to help raise revenue to help less-affluent rural counties construct more schools without having to raise property taxes on their fewer and fewer residents.

“Prohibition doesn’t work,” Perry told the Senate. “We know that activity takes place today, whether we like it or not.”

“I see this as a revenue bill,” said co-sponsor Sen. Paul Lowe, D-Forsyth. “Somebody said, ‘Well, it’s gambling.’ Well, we already have gambling. We’ve got the lottery. It’s here.”

The bill would also create a new fund to help attract major sporting events to the state.

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Sen. Jim Burgin, R-Harnett, was the lone speaker against the measure on the Senate floor.

“This bill produces very little money, and it targets young people, and I plan to vote against it,” he said.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

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ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

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*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

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BCLC

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

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INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

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Canada

IAGR announces Toronto as host city for 2025 conference

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Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

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Stay tuned for registration details early next year.

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