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Sports betting committee estimates $11 billion New Jersey market

October 30, 2014

A business and commercial committee of pro New Jersey sports betting supporters, has estimated that New Jersey could open up a $11 billion (£7 billion) market, if sports betting were to be allowed within licensed gambling premises. The committee further estimated that taxation generated from sports betting could raise more than $600 million (£380 million) for New Jersey struggling racetracks …

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