REPORTS TRIBAL GAMING / STATE-BY-STATE
online sportsbooks could take $6.8bn in bets by the second year of operations and generate $610m in sports betting revenue for the state.
Te North Carolina State Lottery Commission has the responsibility to licence and regulate the sector and has been given a year to set up with a possible launch date by early January 2024. Te commission has hired GLI to assist with the launch.
Meanwhile the state is also discussing a draft bill to legalise four new casinos under a rural tourism incentive programme.
Te plan is for three casinos to be built in Anson, Nash and Rockingham rural counties and a fourth, to be built by the Lumbee Tribe on reservation land in southeast North Carolina, is also under consideration.
Te new casino plans could put pressure on the existing tribal casinos threatening gaming revenue which is said to be around $1bn. Tey could also have an impact on casino developments in Virginia particularly the Caesars Virginia in Danville which is just on the border. Te casino opened temporarily in May with the permanent venue due to open next year.
Caesars is expecting to see 50 per cent of its revenue come from North Carolina guests who will visit the 500 room hotel, 1,300 slot and 85 table game casino.
Te Rockingham proposal will provide a closer gaming venue for
P48 WIRE / PULSE / INSIGHT / REPORTS
players around that area and be in direct competition to Danville.
Te Anson project is about 35-45 miles east of Charlotte where the Catawba Two Kings Casino is located. Tis casino is currently in a temporary building. Plans to develop a permanent casino with 1,500 room hotel, 1,800 slots and 54 table games is currently on hold.
Operating rules state each of the casino projects would need to create at least 1,750 jobs and invest at least $500m in private funds into each proposed district and operators must have 10 years plus experience in the gaming industry. Tax rate on GGR would be 22.5 per cent.
Te bill would require the administration to start taking applications by December with a $500,000 application fee and a $7.5m proposal submission fee for each district development.
Te Cordish Companies with its Live! Brand have been active in supporting this legislation although it could take a year or two for the proposal to mature.
It is reported that the three casinos alone could bring in $1.6bn on an annual basis in terms of GGR and between $336m and $420m annually in tax revenue. If 30,000 VLTs were permitted in the state this could be boosted by nearly $1.9m in GGR and $380m minimum in taxes.
A proposal to legalise and regulate VLTs dates back to earlier this year after reports claimed up to 60,000
THREE CASINOS TO BE BUILT IN ANSON, NASH AND
ROCKINGHAM RURAL COUNTIES AND A FOURTH, TO BE BUILT BY THE LUMBEE TRIBE ON RESERVATION LAND IN SOUTHEAST NORTH CAROLINA, IS ALSO UNDER CONSIDERATION.
plus machines are already in operation across the state in gas stations and sweepstake parlours. Te bill would enable VLTs to be legally operated in bars and other locations and legislation would allow between six and 10 terminals per location.
NORTH DAKOTA
North Dakota has no commercial casinos but has gaming compacts with five tribes - Sisseton- Wahpeton, Sioux Tribe, Spirit Lake Tribe, Standing Rock Sioux, Tree Affiliated Tribes and Turtle Mountain Band of Chippewa Indians - which operate 11 casinos between them.
NORTH DAKOTA HAS GAMING COMPACTS WITH FIVE TRIBES - SISSETON- WAHPETON, SIOUX TRIBE, SPIRIT LAKE TRIBE, STANDING ROCK SIOUX, THREE AFFILIATED TRIBES AND TURTLE MOUNTAIN BAND OF CHIPPEWA INDIANS.
Tere are no limits on the number of machines or gaming devices to operate. Pari-mutuel wagering and sports and Calcutta pools are permitted.
All five compacts came into force in 2013 and ran for 10 years with an automatic renewal announced and approved at the end of 2022.
Some changes were introduced including a lowering of the legal gambling age from 21 to 19 and enabling tribes to accept credit and debit cards at venues.
Te new compacts also introduced open mobile sportsbooks which will be permitted at casinos on tribal lands but only accessible within these territories. It will also allow for casino style gaming via mobile apps, including digital slots
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196 |
Page 197 |
Page 198 |
Page 199 |
Page 200 |
Page 201 |
Page 202 |
Page 203 |
Page 204 |
Page 205 |
Page 206 |
Page 207 |
Page 208 |
Page 209 |
Page 210 |
Page 211 |
Page 212
