Police Bust Illegal Gambling Operation in Fayetteville
A joint investigation led to the arrest of a man from Fayetteville, North Carolina, charged with running an illegal gambling den.
North Carolina
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Prediction Markets Weekly: Operator Coalition Recruits Ex-CFTC Nominee
It was another busy week in the prediction market space for several key stakeholders. This week, a District Court judge denied Kalshi’s motion for a preliminary injunction in New York to allow the prediction market to keep its sports event contracts online.
North Carolina raises sports betting tax to 23%
North Carolina Gov. Josh Stein signed the state’s $34 billion fiscal 2025-26 budget on Tuesday, raising the online sports betting tax rate and setting a separate tax for prediction market platforms.
North Carolina Gov. signs budget to raise betting tax and add
Gov. Josh Stein signed the North Carolina budget on Tuesday, officially raising the state’s online sports betting tax rate and confirming that the state intends to tax prediction market platforms, even though it will not regulate them.
Catawba Nation Plans Two More North Carolina Casinos
The Catawba Nation tribe plans to build two more casinos in North Carolina following the opening of Two Kings, a $1.2 billion casino in Kings Mountain.
Catawba Nation Plans Two More North Carolina Casinos
The Catawba Indian Nation plans to build two more casinos in North Carolina, Chief Brian Harris announced at the opening of the first phase of the $1.2 billion Catawba Two Kings Casino Resort.
UNC, NC State Included in Budget Proposal for Sports Betting Revenue
The two largest universities in North Carolina could soon receive tax revenue from sports betting under a new budget proposal.
North Carolina Raises Online Sportsbook Tax to 23%
North Carolina lawmakers have finalized an increase in the state's online sports betting tax rate to 23% from 18%, a move that will place the state among the higher-tax jurisdictions for sportsbooks in the United States when it takes effect with the new fiscal year on July 1.
North Carolina Proposes Major Sports Betting Tax Changes
North Carolina lawmakers are moving forward with a wide-ranging package of tax changes that could alter how many industries and individuals are taxed across the state.
Rockingham Casino Dispute Heads to State Supreme Court
An ongoing dispute over a proposed casino in Rockingham County is headed to North Carolina’s Supreme Court.
North Carolina Legislators to Raise Sports Betting Tax Rate
A little more than two years after North Carolina launched online sports betting, state lawmakers reportedly believe it’s time to increase how much they charge sportsbooks to do business in the state.
North Carolina Considers Tax Hike for Sports Betting Operators
North Carolina lawmakers are considering an increase in the state's sports betting tax rate as part of ongoing budget negotiations, following stronger-than-expected revenue collections since online wagering launched in March 2024.