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North Carolina taxes prediction-market net trading fees at 6%

Regulation

North Carolina enacted a 6% tax on prediction-market net trading fees as part of its newly approved budget, signed by Governor Josh Stein earlier in July. The measure applies no licensing requirements, while the state also raised the mobile sports betting tax from 18% to 23%; the report estimates the prediction-market levy will raise about $1 million in fiscal 2026–27.

Prediction-market platforms face a new state tax, while the measure leaves their licensing and regulatory status unchanged.

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