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2018-10-12 · The CRDA collects money from casinos in the state and spends them on both private and public projects in New Jersey. As a result of this tax increase, any sports bets made at a physical racetrack or casino in the state will be taxed at 9.75%. For bets made on mobile, there will be a 14.25% tax.

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As of 2019, New Jersey has nine casinos, all in Atlantic City. In 2011, they employed about 33 thousand, had 28.5 million visitors, made $3.4 billion in gambling revenue, and paid $278 million in taxes. They are regulated by the New Jersey Casino Control Commission and New Jersey Division of Gaming Enforcement. The state of New Jersey has benefited immensely from legalizing the practice back in December 2013.
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