Two years ago, the New Jersey Division of Gaming Enforcement approved betting exchanges, Prophet Exchange and Sporttrade. Since then, betting exchanges have becoming part of the New Jersey betting landscape. However, this will soon be changing as Prophet Exchange in New Jersey is Closing at the end of the month. […]
New Jersey Enjoys Record-Breaking Casino Tax Revenues
Last fiscal year, the casinos in Atlantic City chipped in a whopping $504 million in fees and taxes. The record-breaking casino tax revenues provided funds for various initiatives for vulnerable residents in the state. In 1976, the state legislature allocated some of the tax money from casino gambling to a […]