This, however, won’t stop major DFS operators like DraftKings and FanDuel. They must also pay a 10.5% tax on gross in-state revenue and be required to host a server in gambling hub Atlantic City.Ĭurrently, there are talks in government that some lawmakers want to introduce fees to operators based on their earnings, which some see as a potentially lethal blow to smaller operators. The current law states that DFS operators must apply for a permit through the Division of Consumer Affairs.
This allowance is certainly in line with New Jersey’s gambling-friendly reputation. While New Jersey was the 16th state to legalize and regulate DFS in the country, it was the first to extend DFS laws to allow betting on college football leagues too. Online Daily Fantasy Sports in New Jersey – Overview