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New Jersey bills aim to help casinos recover from shutdown

6th May 2020 10:57 am GMT

Lawmakers in New Jersey have introduced legislation that would provide significant tax breaks to help Atlantic City casinos recover the COVID-19 shutdown.

The bill would temporarily modify taxes and fees relating to casinos’ land-based operations, and also amends the current law on the use of promotional gaming credits.

The bill would waive the annual license fee of $500 on each slot machine from July 1, 2020 through June 30, 2021, and directs the Division of Gaming Enforcement [...]

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