deskgameMy message to the New Jersey Legislature is this: Don’t kill the goose that laid the golden egg, and don’t compare apples to oranges. Our casinos and racetracks need the added revenue from online gaming and sports betting as do their thousands of employees and the families they support. Be careful not to kill the goose that laid the golden egg and compare apples to apples, not oranges.
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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.
