N.J. Internet Gambling May Fall $148 Million Short, Analyst SaysElise Young
New Jersey’s revenue from Internet gambling may fall $148 million short of Governor Chris Christie’s budgeted estimates this fiscal year, according to the legislature’s chief fiscal analyst.
David Rosen, of the Office of Legislative Services, estimated $12 million of tax revenue from online betting in the year ending June 30, compared with the governor’s forecast for $160 million, according to remarks prepared by the analyst for a Senate budget hearing today.
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