Lawmakers Bet Big on Sports Betting in Unapproved State Budget

Last Edited:
NEW JERSEY -

Governor Phil Murphy's administration is penciling in the money expected to be earned from sports betting to the unapproved state budget.

On Monday, May 21st, lawmakers budgeted $13 million in expected revenue from sports betting saying the estimate is based on an expected rate of eight to 15 percent.

Read: Ventnor Wins $190,000 Bikeway Grant 

Legislation for sports betting in the state is still pending after last week's United States Supreme Court decision to strike down a federal law that banned sports betting in all but four states.

Lawmakers and Murphy have until June 30th to enact a balanced state budget.

More: Habitat for Humanity Dedicates Neighboring Homes to Two Families in Gloucester County 


SNJ Today is a Southern New Jersey news and information source that is dedicated to providing current stories related specifically to South Jersey.

Do you have community news or events? Email news@snjtoday.com, text SNJNews to 313131, or call 856.825.NEWS (6397).