BetMGM and Charlotte Motor Speedway Team Up for NC Sports Betting

BetMGM and Charlotte Motor Speedway: Pioneering North Carolina’s Sports Betting Scene

BetMGM, a leading sports betting entity, has teamed up with Charlotte Motor Speedway to revolutionize the sports betting landscape in North Carolina. This collaboration, hinged on the state’s anticipated legalization of sports betting, aims to introduce BetMGM’s online sports betting platform to a burgeoning market.

Launching a New Era of Sports Betting in North Carolina

BetMGM CEO Adam Greenblatt expressed excitement about venturing into North Carolina, a state renowned for its dynamic sports environment and a population exceeding 10 million. This strategic partnership with Charlotte Motor Speedway is set to cater to the entertainment needs of North Carolinians, integrating safe and responsible gaming practices.

A Win-Win for Entertainment and State Revenue

More than just entertainment, this alliance is designed to benefit the state as a whole. The tax revenues generated from sports betting will fund important local initiatives, including public colleges and a major event fund. This fund will help North Carolina attract national sports and entertainment events, boosting tourism, employment, and overall economic growth.

Charlotte Motor Speedway: A Key Partner in Innovation

Greg Walter, Executive Vice President and General Manager of Charlotte Motor Speedway, commended BetMGM’s stature in the sports betting world. He highlighted the joint venture’s role in bringing innovative solutions to sports entertainment, expanding the state’s tax base, and enhancing support for educational institutions.

Anticipating Regulatory Green Light

BetMGM is gearing up to launch its online sports betting platform in North Carolina, with expectations set for the first quarter of 2024. This launch is contingent on receiving the necessary regulatory approvals, positioning BetMGM at the forefront of the state’s regulated sports betting market.

Commitment to Responsible Gaming

Underlining its commitment to responsible gaming, BetMGM plans to integrate GameSense into its digital platforms. This move mirrors the responsible gaming experience offered at MGM Resorts properties across the nation, ensuring that customers enjoy a secure and responsible digital gaming environment. This approach is part of BetMGM’s broader strategy to promote safe gaming practices and customer wellbeing.