The Block (@TheBlockCo): THE BLOCK: North Carolina’s new budget taxes prediction markets at 6% of net trading fees (from 2027) while raising the sports betting tax to 23%.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
THE BLOCK: North Carolina’s new budget taxes prediction markets at 6% of net trading fees (from 2027) while raising the sports betting tax to 23%. The state explicitly recognizes CFTC federal oversight instead of imposing its own on platforms like Kalshi and Polymarket.