![]() Under the current version of HB 954, manufacturers must pay $50,000 in privilege tax each year. Licensees also would be required to pay an annual privilege tax to the North Carolina Department of Revenue. The lottery commission must decide the price tag for the license fees. Licensees would be required to pay fees to the state. It must repay any money withdrawn from the fund within 24 months after the bill becomes law. ![]() The bill directs the commission to use up to $10 million from the North Carolina State Lottery Fund to launch operations. Players could receive free games or credits redeemable for cash. The machines would not dispense coins, cash or tokens. The North Carolina State Lottery Commission would oversee the video gambling industry. ![]() North Carolina would use its portion of the funding to support historically Black colleges and universities, provide scholarships and regulate the industry. It allows select licensed providers to offer video lottery terminals, while a percentage of the revenue goes to the state. House Bill 954 authorizes and spells outs regulation for video lottery games in North Carolina. A group of lawmakers has proposed a plan to legalize slot machines and other video gaming machines in North Carolina. ![]()
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