deskgameIt’s absurd that New Jersey’s tax rate on online gaming and sports betting is less than half that of neighboring states. For comparison, New York’s online sports betting operators pay 51%; in Pennsylvania, it’s 36%. Those are two of the highest online sports betting tax rates in the U.S.
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deskgameNotre Dame comes into this matchup riding a 12-game winning streak, while Penn State’s only losses were to Ohio State and Oregon by a combined 15 points.
deskgameNew Jersey online casinos had a flush October, reporting a record-breaking $213 million in revenue, with sports books – where 90% of all sports bets are placed online in our state -- garnering $77.5 million. The industries have generated almost $3 billion in revenues combined, year-to-date. Sports betting and its online variant were legalized in New Jersey in 2018 and have become a $10 billion industry nationally, with the State’s industry generating some of the highest gross revenues.
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