Tag: Bob Hugin

Ethan Miller/Getty Images A betting sheet for Super Bowl 50. Ethan Miller/Getty Images People have wagered nearly $60 million since the state legalized sports betting two months ago, but a ratings agency is telling state officials not to count on a big windfall from gamblers. NJBiz reports that Fitch Ratings has said the state can only expect a modest increase in revenue from sports fans laying down their cash. The agency said New Jersey has only received about $620,000 in revenue so far, according to the report. New Jersey has an 8.5 percent tax on casino and racetrack sport betting revenue, as well as a 1.25 percent tax for racetracks, NJBiz reports. The Fitch report indicates that other states have seen similar low revenue impacts from sports betting, according to NJBiz. Ratings agency projects ‘modest’ sports betting tax revenue Despite patrons wagering over $57 million on sports bets since New Jersey began accepting legalized sports wagering in mid-June, the numbers may only boil down to “modest” tax revenue for the state, according to Fitch Ratings, one of the three Wall Street ratings agencies. NJBiz Read more NJ to Spend $10m on Election Security The Murphy administration has decided how it will spend $10.2 million on election security initiatives, mostly federal aid that will pay for cybersecurity, database improvements and auditing the accuracy of election machines. NJ101.5 Read more Menendez foe ‘forgot his roots,’ senator says in first campaign ad U.S. Sen. Robert Menendez, who has been battered by millions of dollars worth of attack ads from Republican opponent Bob Hugin, began fighting back Tuesday with his first commercial of the campaign season. NJ.com Read more Atlantic City rail line shutdown not ‘bait and switch,’ NJ Transit chief says The head of NJ Transit on Monday assured concerned rail riders the upcoming shutdown of the Atlantic City line would not be permanent and that it would reopen by Jan. 1.

The state’s second district, represented by retiring Republican Frank LoBiondo, is also considered a likely Democratic win this November. This year’s congressional elections have become charged by the #MeToo movement and Trump’s bombastic tenure. It took John Alexander more than nine years to get back the $200 a municipal court judge ordered seized from his personal belongings. Asbury Park Press Read more Could New Jersey Go Back to Paper Ballots? Phil Murphy’s proposed revenue raisers if I were still a legislator. Associated Press Read more Murphy, State Governors Challenge Trump’s Title X Abortion Restrictions President Donald Trump and his administration have received pushback from several Democratic state leaders, including Gov. Phil Murphy, on a move to restrict Title X-funded health providers from referring patients for abortion. Press of Atlantic City Read more Lawmakers Advance Jersey City Payroll Tax Bill A plan to create a 1 percent payroll tax for Jersey City businesses advanced Monday when a state senate committee approved the bill by a party-line vote. NJ.com Read more Editorial: NJ Voting Technology Must Include Paper Record As New Jersey voters go to the polls in this year’s June primary elections, it is sobering to note that the voting machines on which the great majority will be casting their ballots represent “fatally flawed technology” that is in sore need of updating. The Record Read more Editorial: Root Out the Evil in Municipal Court System It has been 71 years since the authors of the 1947 New Jersey Constitution that created the current municipal court system warned about the dangers if the system was left in the hands of locally elected officials.