New Jersey Governor Chris Christie, who experienced unsuccessfully made an effort to force through the initial sports betting Monthly bill, had One more trick up his sleeve.
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A whopping ten per cent excise tax on sports betting deal with – part of the Profits Act of 1951 – proficiently shuttled several legal sports betting operators, while others sought out much less-than-lawful approaches within the tax.
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That established in movement a frenzy of activity across the country – most considerably in New Jersey, which was envisioned to be Floor Zero for The brand new period of U.S. sports betting.
As sports progressively returned in excess of the summertime and both of those the NFL and NCAA soccer rolled out whole schedules (or close to them), bettors came back in droves.
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