New Jersey A2392 establishes an annual fee for sports wagering licensees, directing funds to the Council on Compulsive Gambling and gambling.
New Jersey A2392 establishes an annual fee for sports wagering licensees, in addition to existing license fees. The annual fee is set at $250,000, with $140,000 allocated to the Council on Compulsive Gambling of New Jersey and $110,000 used for compulsive gambling treatment programs. The bill also outlines tax rates for sports wagering operations at various racetracks, including Freehold Raceway, Meadowlands Racetrack, and Monmouth Park Racetrack. Funds from these operations are directed to specific associations and economic development purposes.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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