New Jersey Gov. Jon Corzine last week announced that he will join a law suit that, if successful, would allow for legalized sports betting in the state and potentially raise $100 million of annual tax revenue.
Sen. Raymond Lesniak, D-Union, in late March filed suit in U.S. District Court to overturn a federal ban on sports wagering. Neighboring Delaware is one of four states exempt from the federal restriction. The state’s horse racing facilities in the fall will begin taking legal and regulated sports bets after Gov. Jack Markell last month signed into law a bill allowing such wagering.