Top New Jersey Democrats are considering temporarily hiking taxes on revenue earned from online sports betting during the World Cup tournament this summer to help pay for security needed to host the five-week soccer event.
A bill introduced by Senate Budget Chair Paul Sarlo (D) would impose a 10% surcharge on the revenue earned by casinos and sports betting operations from online gambling on World Cup events until Aug. 10. It would also raise the state’s 6.625% sales tax by an additional 3% in the district where MetLife Stadium is located until July 21. Online sports betting ...
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