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Atlantic City tax relief bill submitted to Governor for approval

7th June 2021 9:55 am GMT
Playtech

Lawmakers in New Jersey have passed legislation to give Atlantic City casinos relief on gaming taxes in an effort to accelerate the industry’s recovery after Covid-19.

Under the legislation currently pending approval from Governor Phil Murphy, casinos will be eligible for a 100 per cent reduction on the eight per cent gross revenue tax for each month that goss revenue falls below 25 per cent of the same month in the twelve-month period preceding the start [...]

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