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Casino gaming tax revenue in New Jersey was $350,897,338 in 2020. While the gross casino gaming revenue in 2020 was $2.88 billion, this was down 16.9% on the previous year due to the impact of COVID restrictions. Under US gambling laws, a 24% federal tax is payable on gambling winnings in New Jersey, as it is in all other states. In addition, New Jersey sets several other taxes for gambling winnings.
There are some steps you can take to help you gamble responsibly. Before you head to the casino, you should set yourself spending and loss limits. You could take a break if your gambling behaviour is becoming problematic.
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