North Carolina budget reshapes gambling taxes with sportsbooks facing higher rates Suswati Basu North Carolina has a new state budget, and with it comes major changes for the state’s gambling industry. Gov. Josh Stein signed Senate Bill 257 into law Tuesday (July 7), approving the first full state budget North Carolina has passed … Continue reading North Carolina budget reshapes gambling taxes with sportsbooks facing higher rates
North Carolina budget advances 6% tax on prediction market operators Craig Corbeels North Carolina lawmakers advanced a wide-ranging budget bill Wednesday that would create a new tax on prediction market operators while leaving those platforms outside the state’s gambling regulatory framework. The Senate approved the budget on second reading in a 37-19 vote … Continue reading North Carolina budget advances 6% tax on prediction market operators
North Carolina lawmakers approve tax overhaul affecting sports betting operators Suswati Basu North Carolina is one step closer to changing several tax rules tied to its legal online sports betting market after lawmakers approved a wide-ranging revenue bill. Senate Bill 595, titled “Various Revenue Laws Changes,” has cleared the General Assembly and now … Continue reading North Carolina lawmakers approve tax overhaul affecting sports betting operators
Lumbee voters reject gaming amendment ending casino debate for now in North Carolina Suswati Basu A proposed change to the Lumbee Tribe of North Carolina constitution has been defeated by voters, stopping plans that could have opened the door to future tribal gaming projects and a possible casino resort in Robeson County. The … Continue reading Lumbee voters reject gaming amendment ending casino debate for now in North Carolina
Catawba Nation announces it has filed for state recognition in North Carolina, with a casino soon to open Sophie Atkinson Suswati Basu The Catawba Nation Chief, Brian Harris, has taken to social media to share the latest vision for the federally recognized tribe in South Carolina. Harris starts by sharing … Continue reading Catawba Nation announces it has filed for state recognition in North Carolina, with a casino soon to open
