In New Jersey, a sports betting license costs $100k, and gross revenue is taxed at 8.5% for brick-and-mortar wagering and 13% online, plus there’s a 1.25% local share tax. Here are five of those discrepancies: Taxes and licensing fees far higher in PA Some of the differences are minor and will be perceived as inconsequential to most bettors, but the laws surrounding sports betting in the two neighboring states do indeed diverge in spots and could lead to slightly different products and consumer options. ![]() And that would be an inaccurate assumption. ![]() That assumes, however, that all of the same offerings in Jersey are available in PA. In theory, when online and mobile sports betting get up and running in Pennsylvania - possibly in a mere matter of days - there will no longer be any need for residents of the Keystone State to drive across the state line to get their bets down in New Jersey.
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