But casino executives have long complained that revenue from sports betting and internet gambling must be shared with technology platforms, sports books and other partners - even though the casinos are paying taxes on the full amount. Without such a bill, Atlantic City's casinos could be in “grave danger,” he warned.Ītlantic City's casino profits and revenue are up significantly this year, rebounding strongly from declines caused last year by the pandemic.
“We fully expect to pay our fair share, but we need stability moving forward,” Lupo said, adding that the proposed changes would provide that.
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