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The term ‘gambling’ covers a wide range of activities in both an online and offline setting. Examples include sports betting, lotteries, casino gaming, bingo, poker, and more. Next, US social casinos and sweepstakes casinos mirror real money sites in many ways, but the cash element is removed. These sites aren’t categorized as “gambling” since you don’t play with real money.
All we know is, that voters passed a referendum on the matter in a positive direction. The location of the state provides conditions for casino cruises. This means, that the gambling actions are done on board of a ship and there are 2 cruise ship casinos in New York.
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Casino gaming tax revenue in New Jersey was $350,897,338 in 2020. While the gross casino gaming revenue in 2020 was $2.88 billion, this was down 16.9% on the previous year due to the impact of COVID restrictions. Under US gambling laws, a 24% federal tax is payable on gambling winnings in New Jersey, as it is in all other states. In addition, New Jersey sets several other taxes for gambling winnings.
