NJ legislators poised to approve sports gambling

David Madden
June 06, 2018 - 9:55 pm

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TRENTON, N.J. (KYW Newsradio) — New Jersey legislators are positioned to take final votes Thursday on a measure that clears the way for legal sports betting at casinos and racetracks in the Garden State.

Advocates of the plan, like Gloucester County Assemblyman John Burzichelli, expect the bill to breeze through the legislature and be rushed to Gov. Phil Murphy's desk.

"The sooner he signs it, the sooner that revenue starts to flow," Burzichelli said, "and also that makes it easier for people to wager on sports in a safe, regulated environment. So everybody wins."

Monmouth Park could get the green light from the New Jersey Racing Commission to open its sports book as soon as this weekend, depending on how quickly the governor acts. 

Casinos would get interim permission from the state Casino Control Commission.

"The executive side is being very conservative in predicting between $13 million and $20 million in [state tax] revenue," Burzichelli added. "Many people feel that's very, very conservative."

That's once all the casinos and racetracks in New Jersey have it up and running.