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 Governor Josh Stein signed the state's $34 billion fiscal 2025-26 budget, which includes an increase in the online sports betting tax rate and the introduction of a new tax for prediction market platforms. The budget, signed on Tuesday, involves Senate Bill 257, which raises the tax on online sports betting operators from 18% to 23% of gross...
