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North Carolina’s professional sports teams and certain auto race tracks and golf courses are among the entities eligible to offer real money sports betting in NC next year.
But in a twist, under a second tranche of proposed rules by the North Carolina State Lottery Commission (NCLC), operators would be barred from purchasing the naming rights of a stadium, race track, or other facilities.
The proposed rule on naming rights is among dozens unanimously approved by the NCLC’s three-member Sports Betting Advisory Committee (SBAC) at their last meeting on November 7 and outlined in a 256-page document released by the regulator.
The NCLC will hold a public hearing on the proposed rules at its headquarters in Raleigh at 9 a.m. ET on November 20. The regulator added that it would accept public comments on sports betting no later than November 27.
“I did want to thank the folks on staff for putting together all this in a very quick, obviously, and thoughtful way,” NCLC Chairman Ripley Rand said at the November 7 meeting, according to SportsHandle.