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New Jersey Sports Betting Bill Features An Integrity Fee

Online sports betting revenue will be taxed at a rate of 12.5 percent. An initial $100,000 non-refundable deposit is required with each application for a sports wagering permit. That money is then credited towards the initial issuance fee if application is approved. Initial issuance fees for sports wagering …
Source: New Jersey Sports Betting Bill Features An Integrity Fee

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