North Carolina News & Prediction Market Coverage
Track the latest North Carolina news across prediction markets. Prediction News is following 5 active North Carolina stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
North Carolina among first states to explicitly recognize federal role in regulating prediction markets
LegalIllinois and Kentucky enact prediction market taxes; Kalshi sues Illinois
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
Is prediction market betting legal in North Carolina?
Yes, North Carolina explicitly authorizes CFTC-registered prediction market platforms to operate in the state while imposing a 6% tax on applicable revenue.
What tax does North Carolina charge prediction markets?
The state levies a 6% tax on net trading fee revenue from state residents, effective January 1, 2027; this is lower than the 23% rate applied to sportsbooks.
Does North Carolina regulate prediction markets as gambling?
No, the state budget law recognizes exclusive federal CFTC authority and does not require state gambling licenses for compliant platforms.
Can North Carolina state employees trade on prediction markets?
An executive order issued May 27, 2026, prohibits state employees from using nonpublic information obtained through their duties to trade on prediction markets.
When did North Carolina pass its prediction market tax?
Governor Josh Stein signed the measure as part of the state budget on July 7, 2026.