North Carolina video lottery bill referred to House committee

A bill that aims to regulate video lottery terminals in North Carolina has been referred to the the House of Representatives’ Committee on Rules, Calendar, and Operations.

North-Carolina-scaled

House Bill 954 is sponsored by Representatives Harry Warren, Timothy Moffit, Howard Hunter and Michael Wray.

The bill outlines that privilege taxes of $50,000 must be paid by manufacturers, $25,000 must be paid by operators and $1,000 must be paid by video lottery merchants that receive a video lottery license. This is due on July 1 each year.

Read the full story on iGB North America.