North Carolina became one of the first states to tax prediction markets without creating a regulatory framework. The move could trigger another clash over federal and state authority. North Carolina Gov. Josh Stein has signed the state’s $34 billion budget into law, creating a new tax on prediction market operators such as Kalshi and raising […] The post North Carolina Governor Signs Budget Raising Sports Betting Tax, Adding Prediction Market Levy appeared first on Gambling Insider.
Source: Gambling Insider →