Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say
New Jersey gambling regulators say Atlantic City’s top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to
By WAYNE PARRY
Published - Sep 05, 2024, 02:47 PM ET
Last Updated - Dec 16, 2024, 07:32 PM EST
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to.
That led the casino to pay $1.1 million less in taxes than it should have.
The state Division of Gaming Enforcement said the casino was ordered to pay the full amount of taxes due, with penalties and interest totaling $1.3 million.
The money has already been paid, including a $75,000 civil penalty, the state said.
