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Underdog confirmed to be shutting down sports betting in North Carolina

Underdog logo against a black background. Underdog confirmed to be shutting down sports betting in North Carolina

Underdog is shutting down its sports activities wagering operations within the state of North Carolina subsequent week, as confirmed by the North Carolina State Lottery Fee.

The regulator shared the news on Wednesday (December 10) stating that it desires to make Underdog sports activities wagering account holders conscious of the change to the native betting market.

The corporate, which has additionally contacted its account holders about operations ceasing in North Carolina by means of e mail, will cease accepting sports activities wagers on Tuesday, December 16.

It expects to settle all excellent sports wagers by Thursday, December 18 too, and a sports activities wagering account holder can withdraw funds from their account all through and after the closure. The corporate is changing all unused sports activities wagering funds to withdrawable funds within the accounts.

The operator is one among eight sports activities betting operators within the state, which means their exit might pave the best way for an additional model to enter.

Underdog informs North Carolina residents about ‘upcoming change’

In an e mail which has been shared by a person on X, the sports activities betting operator Underdog defined how sports activities betting will now not be out there through the platform in North Carolina from December 17.

They, nevertheless, go on to say that the corporate isn’t going anyplace and state that individuals can nonetheless make fantasy picks, play drafts, and revel in every part else within the app utilizing the identical credentials as earlier than.

All wagers positioned earlier than the closing date can be honored, with the corporate stating that no motion is required because the account will routinely mirror these updates. An FAQ web page has been created on the corporate web site too, within the hopes of answering any buyer questions.

For any future wagers that haven’t been settled by that date, these can be paid out as a win, the operator confirms within the e mail to clients. The North Carolina State Lottery Fee says it’ll proceed to work with Underdog on any unresolved participant points, even after they shut its on-line sportsbooks.

Featured Picture: Through Underdog press release

The publish Underdog confirmed to be shutting down sports betting in North Carolina appeared first on ReadWrite.

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