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deskgameWhen I proposed to legalize sports betting and online gaming in New Jersey, five of Atlantic City casinos had closed and 16,000 jobs had been lost. Our racetracks at Monmouth Park and The Meadowlands were in jeopardy of closing, threatening another 5000 jobs. deskgameAccording to documents released by the state, Rush Street accepted 16 bets worth $1,523 in Nov. 2021 on a college basketball game between the University of North Carolina-Asheville and Tennessee Tech University after the game had already concluded with a UNC victory. deskgameBut casino owners already know this. A consulting report from C3 Gaming shows that the operators worry about losing revenue when smokers take breaks, which can actually help players gamble more responsibly. deskgameBut they are mixing apples with oranges. The tax increase would fall only on online gaming operations, the casinos and the racetracks get a percentage of the net revenue from online gaming and the sports books. A higher tax will reduce revenue to the casinos and racetracks.