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Sports BettingiGaming Today · 2h ago

North Carolina Governor Approves New Taxes on Sports Betting and Prediction Markets

By Chidubem OvuteJuly 8, 2026

The brief

Governor Josh Stein has signed North Carolina’s $34‑billion state budget into law, bringing major changes to the state’s gambling industry. The budget introduces a long‑awaited provision allowing sports bettors to deduct gambling losses on state taxes. North Carolina had previously stood out as one of the few states t…

Original report

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