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NJ’s Internet Gambling Revenues Soar To $80M In April

PYMNTS

New Jersey’s Division of Gaming Enforcement said the state’s licensed online gambling operators generated a combined income of $80 million in April. With total gaming revenues way down, what can gambling venues and the state of New Jersey, which collects taxes from them, do to boost business?

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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

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Popular Bank Issues Small Business Recovery Grants

PopularBank

Grant Program Provides Relief to Non-profit Organizations and Small Businesses in New York and New Jersey Significantly Impacted by COVID-19. SBRG serves to provide relief to organizations in New York and New Jersey that have been significantly impacted by COVID-19. New Jersey. Aspira Inc.,

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Online Gambling And The Challenges Of Betting On Instant Disbursements

PYMNTS

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

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Trade-based money laundering: The link to terrorist financing

Abrigo

Misrepresentation is used to justify the movement of funds and, in some cases, reduce the tax obligation reflected on customs documents. Over- or under-shipment or phantom shipments: Over- or under-shipment involves misrepresenting the number of goods in a shipment.

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Sam’s Club Suddenly Closes 63 Stores

PYMNTS

The tweet comes after several local news outlets across the country — in Arizona, Alaska, Texas, New Jersey, Indiana and New York — reported the sudden closures. hourly employees to $11 an hour in February as it reaps the benefits from last month’s tax overhaul. Walmart’s shares rose 0.5 Walmart’s shares rose 0.5

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