While there are a number of politics-related reasons to believe that New Jersey Gov. Phil Murphy’s desire announced on Tuesday to have the mobile sports betting and iGaming taxes nearly doubled to 25% will be accepted by state lawmakers, that doesn’t mean there won’t be significant pushback.
An early key notice of that was a joint statement released late Tuesday afternoon by a pair of South Jersey legislators: Democratic state Sen. John Burzichelli and Republican state Sen. Michael Testa, Jr.
“Doubling the tax on online sports betting and iGaming is putting a New Jersey success story at significant risk,” they asserted. “A tax increase would negatively impact jobs, industry investment, and our New Jersey customers, and it could affect future revenue growth for the state.
