The bill was signed by Governor Josh Stein. CFTC registration will allow prediction markets such as Polymarket and Kalshi to operate legally in the state. At the same time, the federal regulator has exclusive authority over how the market is run. This approach differs from that of other states, which seek to assert local control, leading to lawsuits with the CFTC. In addition, starting January 1, 2027, the state will introduce one of the most favorable tax regimes for prediction markets. Companies will have to pay 6% of their net revenue from fees collected from North Carolina residents. At the same time, the state has raised the tax on sports betting operators from 18% to 23% of gross gaming revenue.