Squadron, an assistant professor of sport management, spoke with the news outlet about sport betting starting in the state on March 11.
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With a vote this week by the N.C. State Lottery Commission, North Carolina is preparing to launch sports betting in the state on March 11 following the enactment of legislation by the General Assembly last June.
Bill Squadron, assistant professor of sport management
Companies are already laying the groundwork for online sports betting operations in the state, and Assistant Professor of Sport Management Bill Squadron told the Charlotte Business Journal this week he expects North Carolina to have a strong showing from the get-go.
“It would not surprise me if North Carolina hit $500 million out of the gate,” Squadron told CBJ Managing Editor Erik Spanberg said, referring to monthly wagering on sports. Squadron noted that such a figure would put the state on par with spending in Virginia and Tennessee.
“You’re going to see a lot of activity generate a lot of tax revenue for the state, which is good for the state,” Squadron told Spanberg.
Read the full article, “North Carolina set to start online sports betting March 11. Here’s what to know,” for more details.
Squadron earned his law degree from the University of California at Berkeley and was previously a partner at Morrison & Foerster specializing in cable, broadcast and wireless regulation. He served as the New York City Commissioner of Telecommunications under Mayor David Dinkins, and as President of the National Association of Telecommunications Officers and Advisors, representing all municipalities in the discussions over the Cable Act of 1992.
Squadron was previously senior vice president for strategic planning at News Corp. and was named Ernst & Young Entrepreneur of the Year for NYC in the Media category in 2001. He served as head of new media for IMG North America, from 2003 to 2006. He was president of Bloomberg Sports, the leader in sports data and analytics services, which was sold to Vista Equity Partners in 2015.