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.
deskgameFor example, prospective customers are led to believe that their initial wage would be be “at no risk to them” but that wasn’t true, the suit alleges.
deskgameSelect “Slots” and then choose your game. When you hover your cursor over the game icon, you’ll see “Play” (with a money bag indicating real money play) and “Demo.”
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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.