New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 69L - TAXES
Subchapter 1 - GROSS REVENUE TAX; INTERNET GAMING GROSS REVENUE TAX; TAXES ON SPORTS WAGERING
Section 13:69L-1.1 - Description of taxes
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Subsection 144a of the Act imposes an annual tax on gross revenue, as defined in section 24 of the Act, in the amount of eight percent of such gross revenues.
(b) Section 95.19 of the Act imposes an annual tax on gross revenue from Internet gaming, as defined in section 28.2 of the Act, in the amount of 15 percent of such gross revenues.
(c) Gross revenue from casino sports pool operations, including mobile operations, is subject to an 8.5 percent annual tax, which shall be paid to the Casino Revenue Fund. An additional tax of 1.25 percent shall apply to such revenue, which tax shall be remitted by the State Treasurer to the Casino Reinvestment Development Authority for marketing and promotion of the City of Atlantic City.
(d) Gross revenue from casino online sports pool operations is subject to a 13 percent annual tax, which shall be paid to the Casino Revenue Fund. An additional tax of 1.25 percent shall apply to such revenue, which tax shall be remitted by the State Treasurer to the Casino Reinvestment Development Authority for marketing and promotion of the City of Atlantic City.
(e) Gross revenue from racetrack sports wagering operations, including mobile operations, is subject to an 8.5 percent annual tax, which shall be paid to the State General Fund. An additional 1.25 percent tax on such revenue shall be paid to the Department of the Treasury, pursuant to P.L. 2018, c. 130.
(f) Gross revenue from racetrack online sports wagering operations is subject to a 13 percent annual tax, which shall be paid to the State General Fund. An additional 1.25 percent tax on such revenue shall be paid to the Department of the Treasury, pursuant to P.L. 2018, c. 130.