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Last month, New Jersey became the second state to legalize online gambling. Although only time will tell how much of a success the legislation will be, some analysts predict that Atlantic City casinos could earn as much as $100 million in revenue. However, this is only for the seven that have online gambling permits. Five other casinos haven't applied for their permit yet - most likely because they're waiting to see how well it goes for those who have already welcomed online gamblers.