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deskgameLooking for more revenue to the state budget, some legislators are now looking to increase the tax on online gaming, now set at 15%. That’s bound to reduce online gaming, cutting revenue the casinos need to keep operating and providing jobs.
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deskgameWe can’t bet on the federal government to ensure gambling companies are reevaluating their regulatory compliances and working to address new ways gambling habits can become unmanageable. Sixty-one percent of New Jersey residents reported gambling last year. The Rutgers University Center for Gambling Studies’ 2023 Prevalence Report finds online gambling is most popular among young adults 18-24. In 2017, only 7% of this age group preferred online betting; that number surged to nearly 34% in 2023.
