Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say

Atlantic City's Top Casino Underpaid Its Online Ga News

Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say
Regulators Say
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The state Division of Gaming Enforcement said the casino was ordered to pay the full amount of taxes due, with penalties and interest totaling $1.3 million.

New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to."The Division views this matter as serious," its acting director, Mary Jo Flaherty, wrote in an Aug. 15 letter to the Borgata. "The original violation was an understatement of gross revenue by almost $10 million.

The Borgata declined to comment Thursday; its parent company, MGM Resorts International, did not respond to requests for comment.

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