NaplesAP
319 posts






Like Xmas whenever a new RoR episode drops.



Dark day in New Jersey ⛈️- and for the future of sports betting. Consumers were hit with a TRIPLE WHAMMY of bad legislative moves. 1) Gross Gaming Revenue taxes were raised to 19.75% for operators - as we've seen, this flows through to the consumer with poorer pricing and higher margins. 2) Sweepstakes betting was declared illegal in the state. The NJ bettor will now have far fewer trusted places to make a bet. 3) And perhaps the most egregious - betting partnerships were criminalized in the state. Fortunately, the language was softened a bit from what was originally proposed. However, if you make a bet for someone else, you are now committing a crime equal to using loaded dice on craps, marking cards in blackjack, or rigging a slot machine.












