Governor Phil Murphy delivered his final budget address while asking for support of his $58.1B funding plan, the highest in New Jersey’s history, Katie Sobko of NorthJersey.com reported. The plan would raise the internet gaming and sports wagering tax rates to 25%, up from 15% and 13%, respectively. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).
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