Underdog No Longer Offering North Carolina Online Sports Betting

• Underdog no longer offers sports betting in North Carolina, officially ceasing services today
• Underdog still operates daily fantasy sports contests in the state
• Still pending futures bets will be paid out by the company

---

North Carolina online sports betting is now down to just seven operators.

Underdog today officially ceased its sports betting services in the Tar Heel State. The company will continue operating its daily fantasy sports contests and will soon launch its prediction market services in North Carolina.

North Carolina was the only state Underdog offered online sports betting to its customers.

Focusing on Prediction Markets

North Carolina regulators last week reported during a Regulated Gaming Committee meeting that Underdog notified the state that it will cease its sports betting services after Tuesday, Dec. 16.

Underdog confirmed the news to Sports Betting Dime, also revealing it will launch Underdog Predictions, the company’s new prediction market services, in North Carolina “soon.”

North Carolina Lottery Commission Chief Regulatory Officer Eric Snider said during today’s commission meeting that Underdog notified the commission several weeks ago that it made the “business decision” to cease operations in the state.

Underdog holds an Ohio sports betting license, but is unlikely to activate it anytime soon. Underdog also pulled a sports betting license from Missouri one week prior to the state’s sports betting launch on Monday, Dec. 1. A Missouri Gaming Commission representative said Underdog planned to focus its future attention on prediction markets.

Underdog is focusing its attention on Underdog Predictions, which it launched in early September after announcing a partnership with Crypto.com. The partnership enables Underdog customers to trade and purchase sports event contracts across all major sports leagues, including the NFL and college football, the first of its kind between a CFTC-registered exchange and a gaming company.

Underdog partnered with Sedgefield Country Club for its North Carolina sports betting market access. The Sedgefield Country Club did not respond to a request for comment regarding Underdog’s decision to leave the state.

All Futures Paid Out

Underdog last week notified its North Carolina sports betting customers of its impending closure.

“We wanted to let you know about an upcoming change in North Carolina: Starting December 17, sports betting will no longer be available via the Underdog platform. Don’t worry. Underdog isn’t going anywhere. You’ll still be able to make fantasy picks, play drafts, and enjoy everything else you love about the app using the same credentials as before,” the notification informed users.

All wagers placed before Dec. 17 will be honored. Any live futures wagers that will not be settled by Dec. 17 will be paid out as a win by Dec. 19 at the latest.

Account funds will be able to be withdrawn at any time, including after Dec. 17. Additionally, active bonus funds will remain available for use on DFS games after the date as well.

What’s Next in North Carolina?

Underdog’s department from the Tar Heel State does not free up a sports betting license, as the state only has awarded eight licenses to date. The North Carolina Lottery Commission has the power to award up to 12 online sports betting licenses.

The state’s sports betting market has been live since March 2024 with no new licenses have been awarded outside of the original eight.

The remaining sports betting licensees are as follows:

• bet365
• BetMGM
• Caesars Sportsbook
• DraftKings
• Fanatics Sportsbook
• FanDuel Sportsbook
• theScore Bet (previously ESPN BET)