Tell Your Legislator to
North Carolina shouldn't create a massive expansion of unregulated prediction market sports gambling.
Prediction markets are sports betting without the rules. But some legislators voted to unleash these lawless gambling apps on North Carolinians.
Zero protections for consumers. Lost tax revenue for schools and development.
States have already lost $1.1 billion since prediction markets began offering “sports event contracts,” according to the American Gaming Association.
Contact your legislator and tell him or her to stop
unregulated prediction market sports gambling.
Zero
Consumer Protections
Zero
Accountability
Zero
Education Funding
Platforms like Kalshi and Polymarket allow users to wager on all major sports events — but because they are “trading” outcomes, they avoid gambling safeguards and leave users unprotected.
Kalshi reported $1 billion in bets on the 2026 Super Bowl alone.
Unlike regulated sportsbooks, prediction-market platforms can bypass core safeguards North Carolinians expect, including:
North Carolina is the first state to relinquish its authority to regulate prediction markets for sports betting, deferring to federal regulators who choose to take a hands-off approach.
The result is a massive accountability failure which allows prediction markets to scale fast while dodging licensing, safeguards, and enforcement in our state.
Legal sports betting is taxed at 23% on gross wagers — money that goes to first to youth sports, state colleges and universities, and gambling-addiction programs before the state general fund.
But prediction markets will only be taxed at 6% of net trading fees, meaning gamblers will move to prediction markets and leave our schools and communities severely underfunded.
