N.J. fines firms gcash how to get verified$40K for sports betting violations

deskgameDALLAS — Before shocking the baseball world by agreeing to a $765 million deal with the Mets, Juan Soto heard from close friends urging him to stick with the Yankees. deskgameWe can’t bet on the federal government to ensure gambling companies are reevaluating their regulatory compliances and working to address new ways gambling habits can become unmanageable. Sixty-one percent of New Jersey residents reported gambling last year. The Rutgers University Center for Gambling Studies’ 2023 Prevalence Report finds online gambling is most popular among young adults 18-24. In 2017, only 7% of this age group preferred online betting; that number surged to nearly 34% in 2023. deskgameThese rules are not overly restrictive. In fact, they are more generous to players than some of the rules connected to other welcome offers. deskgameNew Jersey’s relatively 13% tax rate on online sports betting generated -- year-to-date in 2024 -- $115.3 million.