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NC H1171

NC H1171
Prohibit Gambling in Prediction Markets


summary

Introduced
04/30/2026
In Committee
05/04/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

AN ACT TO PROHIBIT GAMBLING IN PREDICTION MARKETS.

AI Summary

This bill amends North Carolina law to explicitly prohibit gambling in prediction markets, which are defined as markets or platforms where individuals can bet on the outcome of future events. The existing law against operating or playing games of chance where money or property is bet is expanded to include any physical location in the state or any online market or platform accessible to North Carolina residents, specifically naming prediction markets. This change makes operating or participating in such gambling activities a Class 2 misdemeanor, with the new provisions taking effect on December 1, 2026. Additionally, the bill appropriates $10,000 to the State Lottery Commission for enforcement purposes, effective July 1, 2026.

Committee Categories

Government Affairs

Sponsors (9)

Last Action

Ref To Com On Rules, Calendar, and Operations of the House (on 05/04/2026)

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