The North Carolina gambling laws are found in the North Carolina General Statutes with the main article of interest being Article 3, and the General Statutes of interest being from GS- 14-289 all the way through to GS-309.
Gambling is illegal in North Carolina unless it’s carried out under the North Carolina State Lottery or in compliance with the North Carolina Charitable Gaming Laws.
A key authority of interest in regulating or providing gambling in the state is the North Carolina State Lottery Commission set up in 2005.
Where North Carolina Stands On Offline and Online Gambling
The North Carolina gambling laws prohibit both the provision of gambling and betting services as well as taking part in the same. This can be deduced from looking closely at this general statute, GS-14-292.
Gambling is characterized as a Class 2 misdemeanor, in North Carolina, which is a little more lenient than you may find in other states. A Class 2 misdemeanor in this state caries up to 60 days of jail or community punishment, although this will depend on any prior conviction of the guilty party.
The statute GS-14-292 is very thorough. Not only does it prohibit taking part in gambling and betting, but it also prohibits doing so even if no stake is paid to take part in the game or bet.
Even more, it goes the extra mile to ban pyramid schemes; both operation of and taking part in or promoting one. What this translates to is that multi-level marketing is considered as gambling in North Carolina and is hence illegal irrespective of whether it involves the purchase or a physical product or not.
The Laws make no mention of the internet or online gambling, so it would seem that there’s no law against it. Although, that doesn’t necessarily mean that it is illegal. What’s clear is that it is illegal to offer it as a service within the State.
The State’s Stance on cryptocurrencies and Bitcoin gambling.
Since there’s no definitive law on online gambling, there’s none on cryptocurrencies or other non-fiat types of gambling as well. However, cryptocurrencies like Bitcoin are things of value and can be exchanged for money, and are probably accounted for in the statute. Still, it would be up for debate whether the same law applies online as it does offline. But the main premise of the law is on the service providers; the state wouldn’t condone anyone else proving a private for-profit gambling service within its boundaries and hence making revenues that ideally should be its monopoly.
It can not definitely be said whether participating in Bitcoin gambling is illegal or not in the State but providing it as a service must certainly be.
The laws prohibit anyone younger than 18 years from taking part in legal video game gambling, so it would probably suffice to extend this restriction to other forms of gambling as well.
The North Carolina gambling laws are quite stringent and thorough in comparison with the similar laws in other states, with very few loopholes to exploit. Several state laws tend to prohibit the provision of gambling services without limiting participating in it, but this is a loophole that the North Carolina laws have covered. The online realm is still lacking in jurisdiction, but this will certainly be taken care of in the near future as legislators have already shown a keen interest in doing so.