§ 18C-905. Written designation agreements.

241 words·~1 min read·/nc/chapter-18c/18c-905

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In order to qualify as an interactive sports wagering operator, the applicant shall be a party to a written designation agreement with one of the following:

(1)A professional sports team.

(2)The owner or operator of one of the following:

a. A motorsports facility.

b. A facility that hosts a professional golf tournament annually.

(3)A sports governing body that annually within the calendar year sanctions more than one National Association for Stock Car Auto Racing national touring race in the State.

(4)A sports governing body that annually within the calendar year sanctions more than one professional golf tournament.

(b)Each of the persons listed in subsection

(a)of this section may enter into a written designation agreement with only one interactive sports wagering operator or applicant for licensure as an interactive sports wagering operator.

(c)In accordance with G.S. 18C-926, places of public accommodation associated with a sports facility shall be operated solely by the interactive sports wagering operator with whom the person listed in subsection

(a)of this section entered into the written designation agreement.

(d)A copy of the written designation agreement shall be included with the application for licensure or renewal as an interactive sports wagering operator. The Commission shall be immediately notified of the following with respect to the written designation agreement:

(1)Any modifications, changes, or alterations.

(2)Any breach, discontinuance, or other cessation. (2023-134, s. 11.18(e).)