Bill Summaries: H347 (2023-2024 Session)

A law that approves and regulates professional sports, university sports, amateur sports, and horse racing gambling in North Carolina, and approves live horse racing in North Carolina. SL 2023-42 June 14, 2023 Effective Section 1, 2, 3, 4, 5, 5. 1, 5. 5, 6 will come into effect on January 8, 2024. The rest will come into effect on June 14, 2023, unless there is another provision.

Bill H347 (2023-2024) Summary: May 31, 202 3-Summary < Span> A law that approves and regulates professional sports, university sports, amateur sports, horse racing in North Carolina, and approves live horse racing in North Carolina. SL 2023-42 June 14, 2023 Effective Section 1, 2, 3, 4, 5, 5. 1, 5. 5, 6 will come into effect on January 8, 2024. The rest will come into effect on June 14, 2023, unless there is another provision.

Bill H347 (2023-2024)

Bill H347 (2023-2024) Bill H347 (2023-2024)

Summary date: May 31, 202 3-See summaries

Bill H347 (2023-2024) Bill H347 (2023-2024)

Bill H 347 (2023-2024)

Bill H347 (2023-2024) The fourth edition of the Senate Committee amendment is an incorporation of the following changes, incorporating the provisions of the 4th edition of the committee amendment (separate). ADW Sports Betting Vendor License, regardless of whether or not the committee has the ADW License (Were, Sports Betting Vendor License) or a license in other states, regardless of whether or not the committee has further screened. Acknowledged to be licensed as a holder (WERE, Sports Betting Vendor License).

Bill H 347 (2023-2024)

Bill H347 (2023-2024) Bill H 347 (2023-2024)

Summary date: May 30, 202 3-See the summary.

Bill H347 (2023-2024) Bill H 347 (2023-2024)

Summary Date: May 30, 202 3-See Summary: A new GS105-113. 126A is enacted, the tw o-way sports betting business operators are required to register as the Secretary of the Revenue Agency, and the Secretary notify the lottery committee to miss the registration. Mandy. Operators who have changed the owner or are no longer engaged in approved activities oblige the change in writing. To submit all declarations and pay taxes, the operator requires a deposit or an inseparable letter of credit. The GS 105-113. 128 will be revised so that the Secretary of the Revenue Agency can maintain the cost of managing this Article (formerly, collection costs by the revenue agency). The lottery committee is obliged to notify the Revenue Agency for unpaid expenses (and expenses) to manage Article 9 and 10 of the previous month within 20 days. On January 8, 2024, paragraph 5. 1 of the Act (the name of the North Carolina Outdoor Heritage Advisory Committee is changed to GS 105-113. 128).

Bill H347 (2023-2024) Summary date: May 30, 202 3-See the summary.

The fourth edition of the Senate Committee amendment is an incorporation of the following changes, incorporating the provisions of the 4th edition of the committee amendment (separate). ADW Sports Betting Vendor License, regardless of whether or not the committee has the ADW License (Were, Sports Betting Vendor License) or a license in other states, regardless of whether or not the committee has further screened. Acknowledged to be licensed as a holder (WERE, Sports Betting Vendor License).

Bill H347 (2023-2024) Summary Date: May 30, 202 3-See Summary

The fourth version of the Senate Committee amendment makes the following changes: Amends GS18C, Chapter 9 (relating to sports betting) to read as follows: Amends the definition of pari-mutuel betting in GS18C-901(12) to reference the definition in GS18C-1001; A bet is placed on one or more horses, and all bets are pooled and held for distribution by the race organizer or ADW licensee (a betting system in which all bets of a particular type are placed together on a team, and sports bets are placed against other sports bets on the same sporting event in which participants finish in finishing order); Expands the list of types of sports betting providers defined in GS18C-1001(22) to include entities engaged in facilitating or enabling sports betting activities on behalf of, or in cooperation with, interactive sports betting operators at places of public accommodation; Clarifies amendments to GS18C-902(i)(4) (relating to when members of the NC State Lottery Commission (Commission) are prohibited from engaging in sports betting); Amends GS 18C-904 (Establishment of Two-Way Sports Betting Licenses). The 4th version of the Senate Committee Amendment makes the following changes: Amends GS18C, Chapter 9 (relating to sports betting) to read as follows: Amends the definition of pari-mutuel betting in GS18C-901(12) to refer to the definition in GS18C-1001, A system in which bets are placed on one or more horses and all bets are pooled and held for distribution by the race organizer or ADW licensee (a betting system in which all bets of a particular type are placed together on a team and sports bets are placed against other sports bets on the same sporting event in which participants finish in finishing order). Expands the list of types of port betting providers defined in GS18C-1001(22) to include entities engaged in facilitating or enabling sports betting activities on behalf of or in cooperation with two-way sports betting operators at places of public accommodation. Clarifies changes to GS 18C-902(i)(4) (relating to when members of the NC State Lottery Commission (Commission) are prohibited from engaging in sports betting); Amends GS 18C-904 (Establishment of Two-Way Sports Betting Licenses); The 4th Senate Committee Amendment makes the following changes: Amends GS 18C, Chapter 9 (relating to sports betting) to read as follows: Amends the definition of pari-mutuel betting in GS 18C-901(12) to reference the definition in GS 18C-1001; A bet is placed on one or more horses, and all bets are pooled and held for distribution by the race organizer or ADW licensee (a betting system in which all bets of a particular type are placed together on a team, and sports bets are placed against other sports bets on the same sporting event on which participants will finish in finishing order); Expands the list of types of port betting providers, as defined in GS 18C-1001(22), to include entities engaged in facilitating or enabling sports betting activities on behalf of, or in cooperation with, interactive sports betting operators at places of public accommodation; Clarifies changes to GS 18C-902(i)(4) (relating to when members of the NC State Lottery Commission (Commission) are prohibited from engaging in sports betting); Amends GS 18C-904 (Establishment of an interactive sports betting license);

Amends the Department's public records regulations to clarify that the Department's public records section on applications does not preclude the provisions of GS 18C-916(b) that require certain Commission records to be considered non-offensive. Provides that an interactive sports betting operator license may not be assigned or transferred without Commission approval and payment of a license fee (previously, only Commission approval was required). Provides that an interactive sports betting operator license holder is also considered to hold a service provider license and a sports betting vendor license under that section for any services, goods, software, or components provided in-house (makes conforming changes to GS 18C-907 D).

Adds the Commission's prior decision to suspend a license or impose a civil penalty as grounds for nonrenewal or revocation of a license issued under GS Chapter 18C, Article 9. Also amends GS 18C-908 to add that the Commission may require licensees to provide annual compliance assurances. Also requires licensees to submit corrective or mitigation plans for Commission review if the annual compliance assurance identifies instances of technical or material noncompliance. Amends GS18C-909 to allow license fees collected under GS Chapter 18C, Article 10 to be used for Article 9 administrative costs (previously only fees collected under Article 9). Clarifies changes to GS18C-909(b). Expands the scope of advertising requirements under GS 18C-910(e) (licensee obligations) to include the marketing of sports betting platforms and related commercial offerings (previously, simply, advertising of platforms) and requires operators or persons acting on their behalf (previously, simply, operators) to ensure that advertising and marketing messages and materials (previously, simply, advertising) also meet the rules and regulations adopted by the Commission, except where: Adds the Commission's prior decision to suspend a license or impose a civil penalty as grounds for non-renewal or revocation of a license issued under GS chapter 18C, section 9; Also amends GS 18C-908 to add that the Commission may require licensees to submit annual compliance assurances; and requires licensees to submit corrective or mitigation plans for Commission review if the licensee identifies instances of technical or material non-compliance in the annual compliance assurance. Amends GS18C-909 to allow license fees collected under GS Chapter 18C, Article 10 to be used for administrative expenses under Article 9 (previously only fees collected under Article 9); Clarifies changes to GS18C-909(b); Expands the scope of advertising requirements under GS 18C-910(e) (licensee obligations) to include the marketing of sports betting platforms and related commercial offerings (previously simply advertising the platform), and requires operators or persons acting on their behalf (previously simply operators) to ensure that advertising and marketing messages and materials (previously simply advertising) also meet the rules and regulations adopted by the Commission, except as follows: Adds the Commission's prior decision to suspend a license or impose a civil penalty as grounds for non-renewal or revocation of a license issued under GS Chapter 18C, Article 9; It also amends GS 18C-908 to add that the Commission may require licensees to provide annual compliance assurances and to require licensees to submit corrective or mitigation plans for the Commission's review if the licensee identifies instances of technical or material non-compliance in the annual compliance assurance. It also amends GS 18C-909 to allow license fees collected under GS Chapter 18C, Article 10 to be used for administrative expenses under Article 9 (previously only fees collected under Article 9). It clarifies and modifies GS 18C-909(b). It expands the scope of the advertising requirements under GS 18C-910(e) (licensee obligations) to include the marketing of sports betting platforms and related commercial offerings (previously simply platform advertising) and requires operators or persons acting on their behalf (previously simply operators) to also require advertising and marketing messages and materials (previously simply advertising) to meet the rules and regulations adopted by the Commission, except where: