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deskgameIn New York, $848.1 million. Pennsylvania’s $148.2 million in tax revenues is 31% less than New Jersey in sports betting gross revenues.
deskgameIt was for those reasons, as Chairman of the Senate Economic Development Committee, I began a nearly ten-year journey to challenge the federal ban on sports betting and to authorize online gaming in New Jersey. I was successful on both despite eight losses in federal court, before the US Supreme Court ruled in my favor and our casinos became the beneficiary of the added revenue needed to reopen the five casinos and restore lost jobs. In addition, horse racing and the jobs at Monmouth Park and The Meadowlands were preserved.
