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Sports BettingiGaming Today · 4h ago

North Carolina Budget Plan Would Let Bettors Deduct Gambling Losses as Sports Betting Taxes Rise

By Mihaela GracaninJune 30, 2026

The brief

North Carolina lawmakers are preparing a major shift in the state’s gambling tax rules that could ease the tax burden on sports bettors while asking sportsbook operators to pay more. Budget negotiations now include a proposal allowing gamblers to deduct their betting losses on state taxes, a benefit North Carolina has…

Original report

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