deskgame• New Jersey sets another internet gambling revenue record: New Jersey’s online gaming industry continues to shine. Reports show that casinos in the state and their online partners generated $213.6 million over October - an increase from the previous record of $208 million set this September.
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deskgameBut they are mixing apples with oranges. The tax increase would fall only on online gaming operations, the casinos and the racetracks get a percentage of the net revenue from online gaming and the sports books. A higher tax will reduce revenue to the casinos and racetracks.
