A prominent online sports wagering company, BetMGM, is teaming up with the Charlotte Motor Speedway to introduce its service in North Carolina. This collaboration clears the path for BetMGM’s entrance into this burgeoning sector, awaiting the green light from regulators.
The agreement is projected to be mutually beneficial. BetMGM taps into a state with ardent sports enthusiasts, while North Carolina stands to gain from tax dollars generated by sports wagering. These funds are designated for vital programs such as aiding state universities and bolstering tourism through large-scale gatherings.
Although the formal launch date remains uncertain, it is foreseen that North Carolina residents will have the opportunity to place wagers with BetMGM sometime in the early months of 2024, coinciding with the Super Bowl frenzy.
This development follows closely on the heels of another significant revelation: DraftKings, another industry heavyweight in sports betting, has also disclosed a collaboration with NASCAR…
DraftKings is making a major commitment to NASCAR, securing an exclusive partnership for daily fantasy sports in the US and Canada! This agreement follows closely on DraftKings’ recent authorization to operate in North Carolina.
In other significant developments within the sports wagering landscape, be sure to catch Huddle’s candid and revealing discussion with BetMGM’s chief executive, Greenblatt.
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