New Jersey Weighs a 10% Surcharge on World Cup Bets to Cover Hosting Costs
Casino.org ยท 2d ago
A bill moving through the New Jersey Assembly would add a temporary 10 percent surcharge to online sports betting revenue tied to the World Cup, stacked on top of the state's existing 19.75 percent tax, covering wagers placed between June 12 and July 20. Sponsors say the goal is to help offset New Jersey's costs as a host state, with the tournament final itself set for MetLife Stadium. Sportsbooks would have until August 10 to remit what they owe, and the surcharge would apply across moneylines, spreads, totals and player props.
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