By The Weekly Edge desk ·
PlayUSA reported that New Jersey collected $925.7m in gaming taxes during fiscal 2026, up 42.3% from the preceding year. Higher digital gambling tax rates and online casino growth contributed to the increase.
Higher digital gambling taxes increased operator costs and state receipts.
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Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
The ruling and machine removals are followed by 81 job cuts at Republic Amusements, while legalisation legislation remains stalled.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The ruling puts businesses hosting skill-game machines at risk of losing the revenue those devices generate.