by Evan Thornton | Mar 28, 2022 10:38 am | Legal
New Jersey lawmakers are deliberating a bill to divert some tax allocation to the benefit of Atlantic City. Mayor Marty Small believes the city should see more funds from the taxes imposed by the state. ATLANTIC CITY, N.J. – A new bill made its way through the...
by Christina Monroe | Dec 11, 2019 6:44 pm | Regulatory
Atlantic City has received $1.6 million in tax revenue from sports betting in a year and a half. State law prohibits the city from touching the money and uses it to advertise the city instead. The mayor, Marty Small, is asking for the same treatment that other cities...
by Hasan Nabulsi | Nov 13, 2019 2:32 pm | Regulatory
Atlantic City Casinos account for nine out of the 12 retail sportsbooks in New Jersey. The New Jersey sports gambling laws require 1.25% of all sports wagers to be used to fund the Casino Reinvestment Development Authority – a state-administered agency. Unless more...
