That rate is 8% on in-person winnings from gamblers at casinos, 13% for online sports betting, and 15% for internet gambling. There was some speculation among Atlantic City casino and political officials that the move might represent potential leverage over the city in terms of possibly raising the amount of gambling taxes collected by the state in the future. Although not the 10-year window the bill’s sponsor originally intended, this adjustment still allows for the sports betting industry to grow and thrive in New Jersey with a five-year security in its operating ability.” In July 2006, the casinos in Atlantic City were forced to cease gambling operations due to a state-wide budget crisis. When internet gambling and sports betting money is included, the casinos and three racetracks won a combined 423 million, up 6.6 from a year earlier.

The Chamber of Commerce of Southern New Jersey praised the latest change, saying the business group “is incredibly pleased that the General Assembly shifted away from a drastic and unexpected two-year internet gaming reauthorization through 2028. A gambler plays a slot machine at Harrah’s casino in Atlantic City, N.J., on Sept. 17, 2023, New Jersey gambling regulators said Atlantic City’s nine casinos won 228 million from in-person gamblers in October, up 3.4 from a year earlier. “We’re all trying to figure out what happened,” said Don Guardian, a Republican Assemblyman and former mayor of Atlantic City. WHYY thanks our sponsors - become a WHYY sponsor