New Jersey DGE fines Borgata $75,000 over tax underpayment
New Jersey’s Division of Gaming Enforcement fined Borgata $75,000 after identifying errors in its online promotional-credit reporting from October 2023 to May 2024. The errors overstated credits by $4,564,515 and led to a $365,161 gross revenue tax underpayment on Borgata’s June 2024 filing, the regulator said. Borgata agreed to pay the fine; the DGE said this was the operator’s second such case in 18 months.
Operators face enforcement risk when promotional credits are reported above the amounts issued.