The report, by onlinepokerreport.com analyst Robert DellaFave, projects that the state will collect $126 million in upfront licensing fees from casinos operating the online gambling sites, and $46 million a year in taxes beginning after the first year. With projected revenues of $230 million in the first year, growing to $364 million by year 2022, a tax rate of 20 percent would bring the state $426 million for the first five years. It bases those rosy projections, at least in part, on legalized gambling in New Jersey that grew from $122 million in gross revenue in 2014 to nearly $200 million in 2016.