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New Jersey DGE orders Borgata to pay $1.3m over online gambling tax underpayment

Enforcement & compliance

New Jersey’s Division of Gaming Enforcement ordered Borgata to pay taxes, penalties and interest totalling $1.3 million after two online gambling tax underpayments, the regulator said. The state said Borgata had paid the amount, including a $75,000 civil penalty; regulators attributed the errors to bonus deductions and a software upgrade.

Operators in New Jersey face tax liabilities and civil penalties when promotional-credit deductions are miscalculated.

End-of-day close MGM Resorts (MGM), USD, to 18 October 2024
Story date22 July 202418 October 2024

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