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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.
deskgameBut they are mixing apples with oranges. The tax increase would fall only on online gaming operations, the casinos and the racetracks get a percentage of the net revenue from online gaming and the sports books. A higher tax will reduce revenue to the casinos and racetracks.
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deskgameThe way things stand today, Alabama and Michigan will have most of the players available that led each university to bowl eligibility.
