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deskgameNew Jersey’s relatively 13% tax rate on online sports betting generated -- year-to-date in 2024 -- $115.3 million. deskgameConfirm a banking source and make a minimum deposit of $10. deskgameImmediately receive $25 into your account. 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.