- Assembly Appropriations Committee sends sports-betting tax relief bill to floor
- Separate bill providing tax relief to Atlantic City casinos held in committee
- Large losses may put at least one Atlantic City casino in jeopardy, economist says
The New Jersey Assembly Appropriations Committee on Thursday unanimously passed a bill allowing operators to deduct promotional bets from sports-wagering taxes, while holding another bill that would provide tax relief to Atlantic City’s nine casinos.
The committee sent Bill A.4002 to the Assembly floor. The sports-betting bill was introduced in May but was only recently referred to committee.
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