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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.
deskgameWhen I proposed to legalize sports betting and online gaming in New Jersey, five of Atlantic City casinos had closed and 16,000 jobs had been lost. Our racetracks at Monmouth Park and The Meadowlands were in jeopardy of closing, threatening another 5000 jobs.
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