Current through Session Law 2024-56
Section 16-1 - Gaming and betting contracts void(a) All wagers, bets or stakes made to depend upon any race, or upon any gaming by lot or chance, or upon any lot, chance, casualty or unknown or contingent event whatever, shall be unlawful; and all contracts, judgments, conveyances and assurances for and on account of any money or property, or thing in action, so wagered, bet or staked, or to repay, or to secure any money, or property, or thing in action, lent or advanced for the purpose of such wagering, betting, or staking as aforesaid, shall be void.(b) This section shall not apply to: (1) Any sports wager, as defined in G.S. 18C-901, placed in accordance with Article 9 of Chapter 18C of the General Statutes.(2) Any pari-mutuel wager, as defined in G.S. 18C-1001, placed in accordance with Article 10 of Chapter 18C of the General Statutes.Amended by 2023 N.C. Sess. Laws 42, s. 4-f, eff. 1/8/2024.1810, c. 796, P.R.; R.C., c. 51, ss. 1, 2; Code, ss. 2841, 2842; Rev., s. 1687; C.S., s. 2142.