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report from digital news content provider, NJ.The Record newspaper earlier reported that all land-based sportsbetting venues in New Jersey will be required to hand over 8.The move follows last month’s decision from the United States Supreme Court that invalidated the previous Professional and Amateur Sports Protection Act (PASPA) federal sportsbetting prohibition with 60-year-old Murphy stating that it will allow casinos and racetracks in New Jersey to boost ‘their own long-term financial prospects’ by attracting ‘new business and new fans....
This is in an instance where you provide something that’s good for the public, that’s good for the citizens, that cleans up an industry that needs to be changed and hopefully helps New Jersey’s economy. The legislation signed into law by Murphy is to moreover permit properties to offer online sports wagering including via mobile some 30 days after they commence their more traditional service with all of these remote operations subsequently taxed at 13%. This is in an instance where you provide something that’s good for the public, that’s good for the citizens, that cleans up an industry that needs to be changed and hopefully helps New Jersey’s economy....
The legislation signed into law by Murphy is to moreover permit properties to offer online sports wagering including via mobile some 30 days after they commence their more traditional service with all of these remote operations subsequently taxed at 13%.Julian Camilleri, Account Management Director for Valleta-headquartered BetSoft Gaming Limited, stated that the developer was ‘incredibly pleased’ to have been given the right to supply its platforms and games to online casino partners in ‘such an exciting market’.The move follows last month’s decision from the United States Supreme Court that invalidated the previous Professional and Amateur Sports Protection Act (PASPA) federal sportsbetting prohibition with 60-year-old Murphy stating that it will allow casinos and racetracks in New Jersey to boost ‘their own long-term financial prospects’ by attracting ‘new business and new fans....
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