Sports BettingGambling Insider · 6h ago
Gambling Loss Deductions Allowed Under Proposed North Carolina Budget
By Marcus DiNitto•June 29, 2026
The brief
A W-2G is still triggered at a threshold of $2,000 in winnings, under the proposal being negotiated in the state legislature. North Carolina sports bettors will be allowed to deduct their gambling losses under revised rules being negotiated as part of a proposed state budget, WRAL in Raleigh reported over the weekend.…
Original report
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