Gambling in the US has a long and challenging history of becoming legal. The federal government has left the gambling regulation up to the states. New Jersey is among the few states where gambling can operate legally only within the state. Since then, the sportsbook and gambling industry has grown and made strides. There are many casinos based in Atlantic City where players can check their luck, get enjoyment, and win.
The New Jersey Casino Control Commission and the New Jersey Division of Gaming Enforcement have regulated every activity related to online casino gambling and sports betting. Casino operators and partners must pay New Jersey gambling taxes and contribute to the state’s well-being.
According to the report, N.J. casinos, sportsbooks, and internet gambling, operators paid more than $526 million in taxes in 2022. Online gaming and betting revenue reached $5.2 billion in 2022. This review unleashes the New Jersey gaming and betting revenue outcomes in detail.
Original article: https://www.yogonet.com/international/noticias/2023/10/26/68904-beyond-today-the-future-of-igaming-in-new-jersey
