Tag: gambling

Christie just moved to regulate (and tax) fantasy sports companies

TRENTON — Gov. Chris Christie on Thursday signed into law a bill setting guidelines for companies that operate daily fantasy sports leagues in the Garden State and imposes a 10.5 percent tax on the companies’ winnings. In July, the state Read More

LETTER TO THE EDITOR: Rep. Frelinghuysen Should Stand Up for New Jersey and Online Gaming

New Jersey was the first state in the nation to exercise its right under the Tenth Amendment to allow residents to legally participate in online gaming.  In the crazy world of Washington, DC, this right is now being stripped away Read More

Pallone asks Trump administration to support N.J. sports betting appeal

WASHINGTON — In his quest to legalize sports betting in New Jersey, Rep. Frank Pallone Jr. is seeking help from President Donald Trump’s administration. Pallone (D-6th Dist.) is asking Acting Solicitor General Jeff Wall in a letter to be sent Read More

New Jersey Legal Online Casinos Outpace Several Atlantic City Casinos With $20.8 Million In April Gaming Revenue

LAS VEGAS, May 12, 2017 /PRNewswire/ — After another near-record performance in April, online gaming continues to generate more revenue than nearly half of the land-based casinos in the state, according to analysts from PlayNJ.com. The New Jersey Monthly Internet Read More

Atlantic City rakes in a fraction of other states on gaming tax, report says

TRENTON — Atlantic City’s casinos paid a fraction last year in taxes compared to New Jersey’s neighbors thanks to a low gaming tax that proponents say help the city, while others argue it’s a lost opportunity. According to the Press Read More

Carl Icahn Blasts Political ‘Witch Hunt’ Targeting His Association With Trump

A billionaire investor adviser to President Donald Trump said liberal groups are using a smear campaign to protect an environmental program that bludgeons small businesses. Trump’s opponents are using “fake news” tactics to dismiss efforts to reform the EPA’s Renewable Read More