“Wells Fargo estimated an initial impact, which did not benefit from a specific knowledge of the final legislation or our ultimate plans governing how quickly we would be able to roll out a fully functional system.” said Sidamon-Eristoff. “We also feel that Wells Fargo’s analysis underestimated the level of excitement, novelty and publicity that such a rare opportunity would create.”

Wells Fargo officials involved in the study have acknowledged that the projected number could be affected by how quickly the state is able to get online gambling up and running. The state Division of Gaming Enforcement will be delivering and implementing online gambling regulations some time between the end of May and the end of November.

Nevada and Delaware have also legalized Internet gambling.

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