Sen. Raymond Lesniak, D-Union, last week filed suit in U.S. District Court to overturn a federal ban on sports wagering and potentially create more than $100 million of annual revenue for New Jersey.

Legalized sports betting would allow the state’s casinos and racetracks to accept wagers, with the state regulating and taxing such activity. Currently, only Nevada, Oregon, Delaware, and Montana are exempt from the federal ban. Nevada is the only state that conducts legalized sports wagering.

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