{"id":9382,"date":"2025-07-01T03:56:39","date_gmt":"2025-07-01T03:56:39","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/07\/01\/lawmakers-approve-higher-tax-for-online-betting-in-new-jersey\/"},"modified":"2025-07-01T03:56:39","modified_gmt":"2025-07-01T03:56:39","slug":"lawmakers-approve-higher-tax-for-online-betting-in-new-jersey","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/07\/01\/lawmakers-approve-higher-tax-for-online-betting-in-new-jersey\/","title":{"rendered":"Lawmakers Approve Higher Tax for Online Betting in New Jersey"},"content":{"rendered":"<div>\n<p>Gamblers, fantasy players, and sweepstakes fans in New Jersey could soon feel the impact of two new bills that just cleared the state legislature. Lawmakers have approved a tax increase on all major online wagering formats and are also pushing for stricter rules that could shut down certain types of games entirely.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Online casinos, sportsbooks, and fantasy operators will now be taxed at 19.75%.<\/strong><\/em><\/li>\n<li><em><strong>New bill targets sweepstakes platforms that use prize-style reward models.<\/strong><\/em><\/li>\n<li><em><strong>Proxy betting and account sharing could become criminal offenses.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Lawmakers approved a tax hike under Bill A5803, raising rates for online sports betting, casino games, and daily fantasy sports to 19.75%. Previously, those sectors paid different rates: 13% for sportsbooks, 15% for iGaming, and 10.5% for fantasy contests. The bill passed by slim margins\u201445\u201333 in the Assembly and 25\u201314 in the Senate.<\/p>\n<p>Governor Phil Murphy had originally suggested a 25% flat tax, but after strong resistance from both online and in-person operators, legislators settled on a lower rate. The daily fantasy sports change, however, flew under the radar with little public attention.<\/p>\n<p>Senator Paul Sarlo said, <em>\u201cWe took a scalpel to some of the governor\u2019s proposed revenue raisers,\u201d<\/em> referring to the negotiations that led to the compromise.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Another major piece of legislation\u2014Bill A5447\u2014was passed on the same day. This one aims to ban many sweepstakes-style gambling platforms, particularly those using virtual currencies or dual-currency models that let players redeem prizes. These sites have grown across the U.S. in recent years and often operate outside state regulations.<\/p>\n<p>Violators of the new rules could face steep fines\u2014up to $100,000 for a first offense and up to $250,000 for repeat violations. Critics argue these platforms pose risks due to their lack of oversight, while supporters say they offer legal, no-purchase-required entertainment.<\/p>\n<p>The Social and Promotional Games Association pushed back hard.<em> \u201cAssembly Bill 5447 seeks to outlaw promotional sweepstakes platforms that are already legal, do not require purchase to play, and are enjoyed responsibly by millions of adults across the country,\u201d<\/em> it said, urging Governor Murphy to veto the bill.<\/p>\n<p>A5447 would also target other betting-related offenses, like using insider information to place wagers or rigging the outcome of a sporting event. The bill also bans proxy betting and using someone else\u2019s account, with added penalties if the value involved is $1,000 or more.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Both bills now head to the governor\u2019s desk for final review. While Murphy originally pitched a higher tax, his position on the proposed sweepstakes ban remains unclear. All eyes are now on the statehouse to see if the legislation becomes law.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/lawmakers-approve-higher-tax-for-online-betting-in-new-jersey\/\">Lawmakers Approve Higher Tax for Online Betting in New Jersey<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gamblers, fantasy players, and sweepstakes fans in New Jersey could soon feel the impact of two new bills that just cleared the state legislature. Lawmakers have approved a tax increase on all major online wagering formats and are also pushing for stricter rules that could shut down certain types of games entirely. Good to know [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9382","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9382"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9382\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}