deskgameNew Jersey’s relatively 13% tax rate on online sports betting generated -- year-to-date in 2024 -- $115.3 million.
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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.
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