N.J. fines firms superace88 net$40K for sports betting violations

deskgameRegister a new account by providing some basic personal information including your name, home address, and date of birth. deskgameIt’s absurd that New Jersey’s tax rate on online gaming and sports betting is less than half that of neighboring states. For comparison, New York’s online sports betting operators pay 51%; in Pennsylvania, it’s 36%. Those are two of the highest online sports betting tax rates in the U.S. deskgameNo Sweat Bets: Similar to the welcome offer, if a wager misses the mark, BetMGM will toss you a matching bonus bet. deskgameInstead of getting their money refunded, DraftKings credits bettors with a “bonus bet” and those don’t pay as much as wager made with money, according to the complaint. Bonus Bets have far less value than the original wager, so customers’ first deposits aren’t without risk as advertised, the complaint alleges.