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Lawmaker group proposes 15%-25% tax for igaming expansion

Lawmaker group proposes 15%-25% tax for igaming expansion

The National Council of Legislators from Gaming States (NCLGS) has drafted model legislation to guide states considering authorizing internet gaming. The NCLGS suggests setting parameters for tax rates of 15% to 25% and calling for a ban on sweepstakes.The organization released the draft ahead of it

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New Jersey internet gambling hits record $213 million in October

New Jersey internet gambling hits record $213 million in October

New Jersey’s internet gambling market reached a new high in October, with casinos and their online partners raking in $213.6 million, surpassing September’s previous record of $208 million, as players increasingly favor online betting over traditional casinos. Combined revenue from in-person casino

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