Tag Archives: Vincent Mazzeo

New Jersey officials propose 0.25% tax on sport betting wagers

SBC News New Jersey officials propose 0.25% tax on sport betting wagers

New Jersey state officials have proposed adding a 0.25% tax on all sports wagers made within licensed state gambling enterprises. The proposed measures have been put forward in order to subdue corporate concerns regarding  sports corruption and match fixing. The proposal for 0.25% on sports wagers was penned by  Atlantic County state Senator Jim Whelan and New Jersey representative Vincent …

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