H 750 Summary

• Establishes the North Carolina Gaming Commission to regulate video lottery terminals (VLTs) with authority over manufacturers, distributors, operators, and retailers.

• Requires at least 46% of VLT annual revenues be transferred to the North Carolina State Lottery Fund, with no more than 8% allocated for Commission administrative expenses.

• Limits VLT placement to establishments with on-premises alcoholic beverage permits, restricts play to persons 21 years and older, and prohibits machines within 50 feet of schools or churches.

• Creates licensing requirements and fees for manufacturers ($10,000 annually), distributors ($10,000 annually), operators ($5,000 annually plus $104 per terminal), and retailers ($500 annually plus telecommunications fees).

• Establishes criminal penalties including Class 1 misdemeanors for tampering with terminals and Class 5-6 felonies for fraud, manipulation, or false reporting of VLT revenues.