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Supreme Courtroom struck down the bill (Professional and Novice Sports Safety Act) that previously banned sports wagering. The tax enhance would place New Jersey on the greater finish of online playing and sports betting tax fee. Nevertheless, the success of its neighbors might have played a part in why Murphy views this as a solution. Governor Phil Murphy’s 2026 fiscal yr price range features a plan to raise the New Jersey sports activities betting and New Jersey on-line casinos tax price from 13% and 15%, respectively, to 25% for every.

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