NC budget raises sports-betting tax, adds prediction markets
New NC budget raises sports-betting taxes, redirects revenue to public universities, and creates a new tax on prediction markets.
The Order of the Long Leaf Pine is one of North Carolina’s highest civilian honors, awarded to individuals with a proven record of extraordinary service to the state.
NC Treasurer Brad Briner announced that his department has integrated AI into its daily workflow following a successful 12-week pilot program with OpenAI last year.
Plaintiffs and defendants in a sexual abuse lawsuit filed by former North Carolina State University athletes agree that the case should proceed before a single judge.
A $1.3 billion deficit was projected in 2027, but changes implemented by the SHP board and the General Assembly were able to reverse this trend and bring the plan about $30 million above its reserve rate.
The bill went to Gov. Josh Stein on Tuesday after the NC House voted 105-5 to pass it and the Senate gave it a unanimous vote on Monday.
NC sports betting brought in just over $4M in taxes in July 2025, the lowest monthly revenue since betting began in March 2024.
North Carolina State Treasurer Brad Briner released the results of a 12-week pilot program between his office and OpenAI on Friday.
NC would become the state with the 4th highest tax on sports betting, at 36%, under the Senate budget proposal.
The North Carolina Department of Public Safety (NCDPS) didn’t accurately report Community Development Block Grant (CDBG) financial data to the US Department of Housing and Urban Development (HUD) because they didn’t fully understand the reporting requirements.
The North Carolina Department of Commerce is once again under scrutiny in the 2024 Statewide Single Audit conducted by the North Carolina Office of the State Auditor (NCOSA).
North Carolina State Auditor Dave Boliek continues to keep a close eye on the state’s finances, as evidenced by his questions and report from his department at Tuesday’s Council of State meeting.