TRENTON – A resolution sponsored by Senators Raymond J. Lesniak and Jeff Van Drew which would urge Congress to lift the federal ban on sports wagering was approved by the Senate today.
“During our current national economic crisis, states need to look to all untapped revenue streams in order to balance the books and continue to provide the services that our citizens depend on,” said Senator Lesniak, D-Union. “Sports wagering could help plug some of the revenue holes the State is currently facing and provide new capital for investment in a wide variety of economic growth projects. Rather than allow this money to funnel down the drain into illegal gambling rings, the federal government should overturn the ban and allow for State regulation and oversight on sports betting.”