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SportsTranscript
00:00 (upbeat music)
00:02 - Okay, let's get to sports betting news.
00:06 We start off in North Carolina,
00:08 Fanatics partnering with one of the hockey teams there.
00:11 Who is it and tell us about the new partnership.
00:15 - Yeah, it's the Carolina Hurricanes,
00:17 you know, a pretty fun team.
00:19 Fanatics is, you know, one of the new kids on the block
00:25 with ESPN Bet, who also has a partner already
00:27 in North Carolina.
00:29 What's interesting is we're hurtling towards a launch.
00:32 You know, they have to launch between January 8th
00:34 and June 14th in North Carolina.
00:37 And the applications for operators are due December 27th.
00:41 So next week.
00:42 And we only know four partners for sure,
00:46 that's Fanatics and the Hurricanes,
00:48 Bet365 and the Hornets, ESPN Bet,
00:51 Quail Hollow Club and FanDuel and PGA Tour.
00:55 Sports Business Journal has reported
00:57 and operators have not confirmed.
00:59 Otherwise, DraftKings with NASCAR,
01:02 BetMGM and Betway with Trax.
01:05 And that leaves a couple extra teams.
01:08 And most notably, I suppose the Carolina Panthers.
01:12 This is interesting because there are only 11 spots
01:17 for entry into the state
01:20 because of a legal change in September
01:22 that requires a partnership
01:24 with a professional sports organization.
01:26 So, you know, the partners are still out there.
01:28 We don't know for sure some of these partnerships,
01:31 but you can assume that DraftKings will be in
01:34 and BetMGM and Caesars.
01:35 For right now, we're just kind of waiting to see,
01:40 you know, who those partners are.
01:42 Once the applications are in,
01:43 we've got meetings in early January for the regulators
01:46 who will, I assume, pretty quickly
01:48 try to get those applications approved
01:51 and the licenses handed out
01:53 so that they can launch pretty quickly.
01:56 We know that the regulators have said
01:58 a Super Bowl launch is not possible.
02:01 I've heard from some sources
02:03 they fully expect a March Madness launch,
02:05 which, you know, that's a pretty good time to launch
02:08 in North Carolina with all those schools down there
02:11 being really basketball happy.
02:13 (upbeat music)
02:16 [MUSIC]