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First reported by BitRss
North Carolina Sides With Federal Preemption, Taxing Prediction Markets 6% While Sportsbooks Pay 23%

North Carolina law clears path for CFTC regulated prediction markets

North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Under Senate Bill 257…

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Rony Roy1h agoen

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