Josh Stein News & Prediction Market Coverage
Track the latest Josh Stein news across prediction markets. Prediction News is following 4 active Josh Stein stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Judge Torres denies Kalshi New York injunction, company appeals to Second Circuit
LegalNorth Carolina taxes prediction market fees at 6% while deferring to CFTC oversight
LegalNorth Carolina taxes prediction markets at 6% in signed state budget
LegalNC Gov. Stein bans state workers from prediction market insider trading
Frequently Asked Questions
Did Josh Stein sign a tax on prediction markets in North Carolina?
Yes, Stein signed a $34 billion budget bill that created a 6% tax on prediction market fees, making North Carolina the third state with such a tax after Kentucky and Illinois.
What executive order did Gov. Stein issue on prediction markets?
On May 27, 2026, Stein signed an executive order banning state employees from using nonpublic information gained through their work to trade on prediction markets like Kalshi and Polymarket.
Does North Carolina regulate prediction markets under Stein?
The state taxes prediction market fees but does not regulate the sector, expressly allowing CFTC-registered platforms to operate.
Why did Josh Stein act on prediction market insider trading?
The order extends the North Carolina State Ethics Act to cover event contracts on platforms including those offering North Carolina-specific contracts, amid rapid platform growth.
What other states have similar prediction market taxes to North Carolina?
Kentucky and Illinois are the only other states with dedicated taxes on prediction market fees.