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New Jersey casinos take in $16.4 million on sports betting

OCEANPORT, N.J. — Two casinos and a racetrack in New Jersey took in $16.4 million in sports bets during the first two weeks such wagers were legal.

Figures released Thursday show the Borgata, Ocean Resort and Monmouth Park racetrack saw gross sports betting revenue of nearly $3.5 million on those bets.

Regulators say bets involving future outcomes, such as the winner of baseball’s World Series or football’s Super Bowl, won’t be paid out for months.

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