New Casino in North Carolina Agrees to Revenue Share with State

New Casino in North Carolina Agrees to Revenue Share with State

New Casino in North Carolina Agrees to Revenue Share with State

(STL.News) A planned casino for North Carolina took another step toward becoming a reality when a new compact was signed in January this year.  Despite legal wrangling going on for years, and they’re still being opposed to the proposed casino, it looks likely that the new Catawba Nation casino resort will go ahead after the establishment recently agreed on a revenue share with the state of North Carolina.

Casinos Currently Operating in North Carolina

There are currently two casinos operating in North Carolina, both of which are Cherokee casinos.  Check out the Map of Casinos in North Carolina at casinos.us to learn more about Harrah’s Cherokee Valley River casino and hotel and Harrah’s Cherokee casino.  The two establishments, which opened in 1997, provide slot games, dice games, lottery games, poker, blackjack, roulette, poker tournaments, and more.

Casinos were not always permitted in the state of North Carolina, though. In fact, casino gambling was only legalized in the state following the Indian Gaming Regulatory Act of 1988, which enables tribes to negotiate compacts with the state to operate officially licensed casinos.  At present, North Carolina has a new proposed Gaming Commission Bill.  The bill is still under review, but it should cover all types of gambling activities in the state, including online gambling.

Continue reading New Casino in North Carolina Agrees to Revenue Share with State at STL.News.

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