Absurd If True -NC Horse Racing status

[Easy-Rider 66]

No operators have applied for a license for online horse betting in North Carolina yet. Under current state law, operators must pay $200K annually or $1M for a five-year license, which is much higher than the next most-expensive state (New York at $20K per year).

[BOA12]

No operators have applied for a license for online horse betting in North Carolina yet. Under current state law, operators must pay $200K annually or $1M for a five-year license, which is much higher than the next most-expensive state (New York at $20K per year).

Their should be laws against license and corporate gouging it's killing U$ ALL. UnAmerican.

[JBEX]

really surprised it costs only $20k/yr for a license in ny ..would seem like something that would cost 100's of thousands

[JBEX]

really surprised it costs only $20k/yr for a license in ny ..would seem like something that would cost 100's of thousands

missed the per year part . still 20k sounds cheap

[Easy-Rider 66]

missed the per year part . still 20k sounds cheap

and they are 2nd most expensive to CAR. Looks like they will address this absurdity in the next session. I was wondering why no operator offered their services down here in NC?

[JBEX]

only thing I can think of is they're looking for 1 operator but I'm probably wrong about that..maybe that explains the high price ..they get the whole state to themselves

[Easy-Rider 66]

only thing I can think of is they're looking for 1 operator but I'm probably wrong about that..maybe that explains the high price ..they get the whole state to themselves

yeah CAR has little experiences with the ponies. Not a horse state for the most part. But it is ridiculous IMO that they have priced themselves 10X higher than next closest state. Something amiss with that picture?

[JBEX]

yeah CAR has little experiences with the ponies. Not a horse state for the most part. But it is ridiculous IMO that they have priced themselves 10X higher than next closest state. Something amiss with that picture?

only thing that makes sense to me is what I said ..whole state might be worth it..can't imagine it's legal but they're just trying to discourage operators so it'll never materialize

[Easy-Rider 66]

only thing that makes sense to me is what I said ..whole state might be worth it..can't imagine it's legal but they're just trying to discourage operators so it'll never materialize

probably true good points.

[stevenash]

Business as usual for the locals I bet.

[Easy-Rider 66]

Business as usual for the locals I bet.

and offshore. But not Bitcoin player and want to be able to wager legally. Been a long time coming down here.

[str]

That's a shame EZ.

They are not even trying.

Sorry man.

I know how disappointed you must be.

[Easy-Rider 66]

That's a shame EZ.

They are not even trying.

Sorry man.

I know how disappointed you must be.

a bit frustrating but early in the process STR. Looks like they will revisit the terms soon in next session. Just hard to believe they finally legalize and in turn price the State out of the Market. will keep you updated.

[mrginandtonic]

Best of luck; hope everything will work itself out.

[Jellymancan]

That sucks ez and it doesn’t sound good. Hope something changes.

[Easy-Rider 66]

THX Mr. G&T and Jelly. Hope one day I will be able to legally bet the Triple Crown. LOL.

[Easy-Rider 66]

Their should be laws against license and corporate gouging it's killing U$ ALL. UnAmerican.

missed your post initially BOA12. then I forgot to respond. agreed. THX.