Increases tax on Internet casino gaming and Internet sports wagering to 30 percent.

This bill increases the tax rate on Internet casino gaming from 15% to 30% and on Internet sports wagering from 13% to 30% of gross revenues. The additional tax revenue will be paid into the Casino Revenue Fund (for casino gaming) and the State General Fund (for sports wagering), with specific portions allocated for Atlantic City marketing, racetrack economic development, and gambling treatment programs. The bill directly affects online gambling operators in New Jersey that provide casino games or sports betting services over the internet. The tax changes take effect on January 1 following the bill's enactment.