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NJ Sports Betting Tax Hike vs. Mafia Busts: Why Illegal Gambling is Still Thriving in the Garden State

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the staff of the Ridgewood blog

Ridgewood NJ, New Jersey’s legalized online sports betting industry is a financial powerhouse, generating over $1 billion in revenue from nearly $13 billion in bets placed in 2024. Yet, even as legal wagering soars, experts say the illegal gambling underworld is alive and well, fueled by everything from high taxes to organized crime.

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