Senator John McKeon of New Jersey has proposed Bill S3064 to increase the tax on online gambling and sports betting to 30%, more than doubling the current rates.
Currently at 14.25% for online sports betting and 17.5% for casino gaming, the move aims to align New Jersey's rates with neighboring states like New York and Pennsylvania.
Currently at 14.25% for online sports betting and 17.5% for casino gaming, the move aims to align New Jersey's rates with neighboring states like New York and Pennsylvania.
