posted on 11/3/2011 1:57 pm
Sports betting proponents want to help the state's struggling casinos and horse racing tracks, where bets would be taken, and provide a new source of tax revenue from a huge pool of money flowing untaxed to illegal bookmakers often allied with organized crime, or to unlicensed offshore Internet sites.
"A 'yes' vote for sports betting will give a huge boost to casino revenues and attract many more tourists to Atlantic City for numerous sporting events throughout the year," Lesniak said. "It will save our horse racing industry as well, once we challenge and overturn the unfair and unconstitutional federal ban that allows Las Vegas to reap its benefits, along with organized crime-run betting rings and illegal offshore gaming sites."
So, New Jersey residents, show your support of the Meadowlands and Freehold by voting Yes to sports betting at this Tuesdays' election.