Stein order bans NC workers from insider betting on prediction markets

The order expands upon the North Carolina State Ethics Act, which prohibits public servants from insider trading.

By: Christine Zhu

Outlets: North Carolina Newsline

Published: May 27, 2026

Words: 712

Last Updated: 1 month, 4 weeks ago

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Gov. Josh Stein signed an executive order Wednesday banning North Carolina state employees from using insider knowledge to bet on prediction markets.

Platforms like Polymarket and Kalshi allow users to place wagers on anything from the outcome of a sports game to events that involve government decisions, like military action and vaccine approvals.

Stein said the executive order aims to instill trust in the public that decisions are made with their interests …

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