Borgata Casino Penalized for $1.1M Online Gambling Tax Underpayment
New Jersey regulators imposed penalties after discovering repeated tax underpayments due to excessive credits claimed.
- The Borgata underpaid its online gambling taxes by $1.1 million, taking $15 million more in credits than allowed.
- New Jersey's Division of Gaming Enforcement ordered the casino to pay the full amount due, plus penalties and interest totaling $1.3 million.
- The violations included a $75,000 civil penalty and stemmed from software issues and improper deductions.
- This marks the second instance of tax underpayment by the Borgata within 18 months, following a similar violation in March 2023.
- The Borgata has implemented software fixes to prevent future errors and remains Atlantic City's top-performing casino.