The tax income from licensed online casinos would be worth millions of dollars to the state whose Atlantic City land based casinos are struggling to increase revenue. The new online casino operations run by companies from outside the state would be subject to the 15% tax already payable on income from internet gambling. Although it is thought that there could be tax credits available to these operators who may have paid taxes in other jurisdictions.
Now, Bill S9890 just has to be fully accepted.
- Live casinos