Tag: New Jersey Sports Betting Lawsuit
How Much Will New Jersey Spend on Sports Betting Lawsuit?
January 5, 2014
New Jersey 101.5 – New Jersey has already spent nearly $2.5 million on attorneys’ fees in its fight to legalize sports betting at casinos and racetracks in the Garden State. That figure has some critics balking, but the influential state lawmaker who has been spearheading the sports wagering effort calls the expenditure an investment. “The return is going to be 1,000-to-1 and more,” said state Sen. Ray Lesniak (D-Union). “The return when we win is, jobs are thousands and the revenues are billions.” New Jersey has a right to legalize sports wagering, according to Lesniak. He said the Garden State…