Search results
Results from the WOW.Com Content Network
Gambling in New Jersey includes casino gambling in Atlantic City, the New Jersey Lottery, horse racing, off-track betting, charity gambling, amusement games, and social gambling. New Jersey's gambling laws are among the least restrictive in the United States. In 2013, the state began to allow in-state online gambling.
In addition, the IRS holds an occupational tax of $50 for each principal or agent accepting wagers for legal wagers and an annual occupational tax of $500 for illegal wagering agents. [10] With the growth of modern betting platforms such as daily fantasy sports, the application of excise taxes has expanded to cover these new forms of gambling. [11]
The New Jersey Division of Gaming Enforcement (DGE) is a governmental agency in the U.S. state of New Jersey that was established in 1977 under the Casino Control Act, N.J.S.A. to ensure the integrity of the casino gaming industry, including sports wagering at horse racetracks, in the state.
The gambling industry, much like AI, is in the middle of an unprecedented gold rush. In 2018, a US Supreme Court ruling allowed states to legalize sports betting; nearly 40 states since did ...
New Jersey's casinos want to expand the state's tops-in-the-nation internet gambling market for another 10 years, but state lawmakers may only approve it for an additional two years. A state ...
New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was ...
Ocean City was founded in 1879 as a dry town, and it never has issued a liquor license, forbids the sale of alcohol, and prohibits BYOB at restaurants. New Jersey has a strong tradition of municipal home rule. [20] Local municipalities thus have considerable authority in the licensing and regulating of alcohol-related businesses.
Ocean City officials and business owners lobbied against casinos before they were later legalized in 2008, Ocean City Mayor Rick Meehan previously told Delmarva Now.. That year, Maryland voters ...