North Carolina Approves Sports Betting Tax Increase and New Prediction Market Levy
North Carolina has approved sweeping changes to its gambling tax framework after Governor Josh Stein signed the state’s $34 billion budget, introducing higher taxes for sportsbooks and, for the first time, prediction market operators. Beginning January 1, 2027, the tax on licensed online sportsbooks will rise from 18% to 23%, while prediction market platforms such […]