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North Carolina Fields Seven Sportsbook Applications

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North Carolina Fields Seven Sportsbook Applications


Posted on: January 1, 2024, 12:01h. 

Last updated on: January 1, 2024, 12:14h.

The North Carolina State Lottery Commission last week unveiled the list of companies that applied to receive retail and online sports betting privileges ahead of the agency’s “recommended submission” deadline of Dec. 27.

North Carolina sports betting
The shorts of a UNC Tar Heel basketball player. North Carolina sports betting will expand in 2024 from the state’s three tribal casinos to online channels and at professional sports stadiums and venues. (Image: Getty)

Sports betting market leaders DraftKings and FanDuel highlight the group of seven that additionally includes BetMGM, ESPN Bet, Fanatics, bet365, and Underdog Sports. State lawmakers and Gov. Roy Cooper (D) legalized commercial sports gambling last June.

The North Carolina State Lottery Commission, which is tasked with licensing and regulating the state’s newly expanded gaming industry, says it’ll need up to 90 days to review the online sports betting applications and issue licenses.

The law requires that such betting commence by June 15, 2024. But Cooper wants sportsbooks to begin taking bets in time for March Madness — the 2024 NCAA Division I men’s basketball tournament.

North Carolina is home to arguably the biggest rivalry in college basketball, with the North Carolina Tar Heels and Duke Blue Devils blood enemies. The programs are respectively ranked No. 9 and No. 16 in the AP Top 25 poll. The blueblood programs are near perennial bracket entries.

Partnerships Align

North Carolina’s sports betting law requires sportsbook companies to partner with a professional sports team, venue, or one of two qualifying sports organizations — the PGA Tour and NASCAR.

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FanDuel is partnered with the PGA Tour. Fanatics’ application is in conjunction with the NHL Carolina Hurricanes, while ESPN Bet is aligned with Quail Hollow Club, an annual stop on the PGA Tour that hosts the Wells Fargo Championship. Bet365 is bidding with the NBA Charlotte Hornets.

The three remaining applicants did not publicly disclose their professional sports partners. Potential partners include the NFL Carolina Panthers, National Women’s Soccer League’s North Carolina Courage, Charlotte Motor Speedway, and NASCAR.

If approved, sportsbook firms will be allowed to operate in-person and online sports betting. Their retail facilities will only be permitted at the host stadium or venue of their partnered organization.

Each sportsbook license costs a one-time $1 million fee. Gross revenue will be subject to an 18% tax. The state will appropriate much of the tax benefit to support collegiate athletics at state universities. Thirteen schools will receive up to $300,000 annually from the gaming expansion:

  • Appalachian State University
  • East Carolina University
  • Elizabeth City State University
  • Fayetteville State University
  • North Carolina Agricultural & Technical State University
  • North Carolina Central University
  • University of North Carolina at Asheville
  • University of North Carolina at Charlotte
  • University of North Carolina at Greensboro
  • University of North Carolina at Pembroke
  • University of North Carolina at Wilmington
  • Western Carolina University
  • Winston-Salem State University

Along with the seven commercial sportsbook bids, Caesars Sportsbook is expected to apply as a licensed service provider to operate an online book on behalf of the Eastern Band of Cherokee Indians. Caesars operates the tribe’s two casinos in North Carolina — Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River.

For the tribe to gain online sports betting rights, Cooper must agree to amend the state’s Class III gaming compact to allow such gambling. The state is home to a third tribal casino in Kings Mountain called Catawba Two Kings Casino. The temporary casino is owned by the Catawba Indian Nation.

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Can Underdogs Compete?

DraftKings and FanDuel dominate the U.S. sports betting landscape, with estimates suggesting they control as much as 75% of the industry. Their control led to a market consolidation last year, as many upstarts folded, including Fox Bet, WynnBet, and MaximBet.

Underdog is a new daily fantasy sports and sportsbook startup from Jeremy Levine, who cofounded the StarStreet and DRAFT fantasy apps that were acquired, respectively, by DraftKings and Paddy Power Betfair. Underdog recently gained its first online sports betting license via Ohio.

Underdog and the others bidding in North Carolina believe 2024 could be the year when smaller sportsbooks begin cutting into DraftKings and FanDuel’s market share. ESPN Bet is Penn Entertainment’s $1.5 billion wager on the industry after agreeing to pay ESPN that amount to leverage the sports media brand into its sports betting business.



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NC State graduates stunned as donor pays off senior year debts in commencement speech

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NC State graduates stunned as donor pays off senior year debts in commencement speech


North Carolina State graduates were in for a surprise when their commencement speaker vowed to erase some of their student debt, offering the class “greater freedom” to pursue their goals.

Anil Kochhar, the son of a notable late NC State alumnus, revealed that he and his wife, Marilyn, would pay off all final-year loans for the graduates during the Wilson College of Textiles commencement ceremony in Raleigh on Friday.

“It is my privilege to announce today that, in honor of my father Prakash Chand Kochhar, Marilyn and I are providing a graduation gift to cover all the final-year education loans incurred by Wilson College graduates during the 2025–26 academic year,” Kochhar announced.

The emotional gift honored Kochhar’s late father, Prakash Chand Kochhar, who traveled from Punjab, India, to Raleigh in 1946 to study textile manufacturing at NC State.

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Anil Kochhar announced to a North Carolina State graduating class he would be wiping out their final-year student debt. ABC 11

The crowd erupted in cheers and gave the Kochhars a standing ovation as stunned students realized their senior-year loans were gone.

“Marilyn and I hope that all of you leave Reynolds Coliseum today not only with a degree but with greater freedom to pursue your goals, take risks and build the lives you’ve worked so hard to achieve,” Kochhar added.

The graduating class consisted of 176 students who received their bachelor’s degree and another 26 earned a master’s degree, according to Axios Raleigh,

For many students, the surprise payout could mean a dramatically different future.

“As a daughter of immigrants, this money helps me and my family a lot, and I’m really fortunate to have an opportunity like this,” Alyssa D’Costa, a fashion and textile management major, told the university.

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The crowd erupted in cheers and gave Kochhar and his wife Marilyn a standing ovation. ABC 11

Prakash Chand Kochhar arrived in Raleigh on a scholarship to attend the then School of Textiles, where he was believed to be only the second Indian student ever to enroll at the university.

He went on to earn bachelor’s and master’s degrees from the school and build a career that took him around the world before his unexpected death in 1985.

The Kochhar family has made several major donations to the college in recent years, including scholarships and funding for faculty and graduate programs — but Friday’s graduation surprise may have been their most memorable gift yet.

Kochhar congratulates Wilson College students on the podium during their graduation. ABC 11

“My father could not have imagined this moment. Not just me standing here, but all of you sitting here,” Kochhar said.

“A new generation, shaped by a different world, but connected by the same spirit of possibility that brought him here decades ago. And that’s what today represents.”

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“Eighty years ago, a young man traveled thousands of miles from India to Raleigh with little more than hope and determination,” he added.

“He could not have known where that journey would lead. He could not have imagined the life it would create, or that one day his son would stand here speaking to a graduating class at the very institution that welcomed him.”

Kochhar is the son of a NC State alumnus, Prakash Chand Kochhar. ABC 11

University officials said the Kochhars coordinated with school leadership and the Office of Scholarships and Financial Aid to arrange the debt payoff before graduation.

“I could not be more grateful to Anil and Marilyn for this extraordinary investment in our newest Wilson for Life alumni,” Wilson College of Texiles Dean David Hinks said.

“One of our primary goals is to make the Wilson College affordable for all, and Anil and Marilyn are helping us achieve it,” Hinks said.

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North Carolina man found dead after falling overboard in East TN lake: TWRA

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North Carolina man found dead after falling overboard in East TN lake: TWRA


HAMPTON, Tenn. (WVLT) – The Tennessee Wildlife Resources Agency said its wardens are investigating the eighth boating death of the year following an incident on Watauga Lake.

At around 7 p.m. on Friday, the TWRA was dispatched to a boating incident at Rat Branch boat ramp after the caller said the operator had fallen overboard in the no-wake zone and did not resurface.

The victim, identified as 36-year-old Alexander Luster, of Boone, North Carolina, was participating in a bass tournament and fell overboard prior to the start of the event, TWRA officials said. First responders recovered his body shortly after 11:30 p.m.

TWRA said an autopsy has been ordered, and the incident, which is the eighth boating death in Tennessee this year, remains under investigation.

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Copyright 2026 WVLT. All rights reserved.



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Families locked out of NC State graduation ceremony: ‘Ridiculous’

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Families locked out of NC State graduation ceremony: ‘Ridiculous’


RALEIGH, N.C. (WTVD) — A graduation ceremony for NC State University’s Department of Biological Sciences at Reynolds Coliseum on Friday night left hundreds of family members outside, frustrated and emotional after they were not allowed into the building.

Inside, graduates were met with pomp and circumstance as they walked across the stage to accept their degrees.

Outside, people shouted in confusion as they realized they would not be permitted to enter.

“I’m hurt. She’s hurting. We’re hurt,” said Dr. Darlene Jackson, a grandmother from Winston-Salem. “They’re asking, can’t we get here? But this is ridiculous. Ridiculous.”

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We get here, and we are turned away. That’s BS. It shouldn’t be happening like this. They did not plan this well,

– Sally Charlet, NCSU grandparent

Families said they arrived about an hour before the 7:30 p.m. ceremony, only to find a line wrapped around the building. Many said they were eventually told the venue had reached capacity.

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“They are saying the fire marshal shut it down because it’s too crowded,” Jackson said. “They should have known how many occupy this. They should have had it in a different place.”

Sally Charlet said she flew in from Florida earlier in the day to watch her granddaughter graduate.

ALSO SEE | Donor surprises NCSU textile school grads by paying off loans

“We get here, and we are turned away,” she said. “That’s BS. It shouldn’t be happening like this. They did not plan this well, and they should have tickets. That would have made a lot of sense.”

According to GoPack.com, Reynolds Coliseum seats about 5,500 people.

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Some families said they were especially devastated after years of supporting their students’ work.

This is awful, and it needs to be made right.

– Eddie McFall, NCSU parent

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“It’s very disheartening,” said Rhonda Bartone, whose son earned his Ph.D. In toxicology. “He did a five-year program getting his Ph.D., and we have no family. And they’re seeing him get his Ph.D. right now. We had to text his professor and ask him to please take some pictures of him. It’s hard not to cry.”

Several people outside shared photos sent by students inside showing empty seats.

“There was unfortunately not better planning for the hundreds of students, maybe even thousands of students, and, of course, thousands of students, even more people, parents, siblings, loved ones,” said Julia Norton, whose fiancé earned his Ph.D.

One father, Eddie McFall, who is also an alumnus of NC State, said he has three children at the university, including a senior graduating Friday.

“His mother was five feet from the door when they shut it down,” he said. “Won’t let anybody in there.”

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About 45 minutes after the ceremony began, someone came outside to address the remaining crowd. Families were told their only option was to watch a livestream from the student union or on their phones.

“I can go to my house and watch the livestream,” McFall said. “Who’s the event coordinator? Who from the school did this? This is awful, and it needs to be made right.”

NC State did not respond to questions about how the situation unfolded or why the event was not ticketed. The university said it provided a livestream for those unable to attend in person and had posted earlier in the week advising visitors to expect delays around the coliseum.

Copyright © 2026 WTVD-TV. All Rights Reserved.

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