Committee recommends internal control requirements

01/04/2024

The Sports Betting Committee approved processes for constructing and submitting internal controls.

At a meeting Thursday, the Sports Betting Committee approved staff-recommended processes and documents that direct operator-applicants how to construct and submit their proposed internal controls for review. The Commission will review this recommendation at its Jan. 10 meeting.

Internal control documents are important for ensuring compliance. Each licensed operator must receive approval of internal controls before offering bets in North Carolina.

At this time, the applications of seven prospective operators are under review.