New Jersey Reaches Deal on Online Gambling Tax Increase
In a recent budget deal, New Jersey lawmakers have decided to raise taxes on online gambling and sports betting, but at a lower rate than originally proposed by Governor Phil Murphy. The agreement calls for a tax rate of 19.75% on both online sports betting and internet gambling, down from the 25% Murphy had initially […]
In a recent budget deal, New Jersey lawmakers have decided to raise taxes on online gambling and sports betting, but at a lower rate than originally proposed by Governor Phil Murphy. The agreement calls for a tax rate of 19.75% on both online sports betting and internet gambling, down from the 25% Murphy had initially […]
