North Carolina H1171 prohibits gambling in prediction markets, classifying it as a Class 2 misdemeanor.

North Carolina H1171 amends the state's gambling laws to prohibit betting on prediction markets, where individuals bet on future events. This prohibition applies to both physical locations and online platforms accessible to North Carolina residents. The bill classifies such gambling as a Class 2 misdemeanor, with exceptions for state-run lottery games. The act also appropriates $10,000 to the State Lottery Commission for enforcement, effective July 1, 2026. The gambling prohibition takes effect December 1, 2026.

North Carolina H1171 prohibits gambling in prediction markets, classifying it as a Class 2 misdemeanor.

North Carolina H1171 amends the state's gambling laws to prohibit betting on prediction markets, where individuals bet on future events. This prohibition applies to both physical locations and online platforms accessible to North Carolina residents. The bill classifies such gambling as a Class 2 misdemeanor, with exceptions for state-run lottery games. The act also appropriates $10,000 to the State Lottery Commission for enforcement, effective July 1, 2026. The gambling prohibition takes effect December 1, 2026.