It’s good to be a casino industry lobbyist or attorney representing brand new Jersey online gaming, in line with the latest reports (Image: thepublici.com)
Everyone understands that when it involves gambling, the house always wins. In the full case of online gambling in New Jersey, it seems that the lobbyists and solicitors do pretty well on their own, too.
Help Services Make Bank
In accordance with disclosures posted by the nj-new Jersey Division of Gaming Enforcement, the on line gambling industry has resulted in $50.3 million in payments to lawyers, lobbyists, and other professionals since mid-2009. The figures came simply days before the first revenue figures are scheduled to be released for brand New Jersey casino sites, and are section of an unusual requirement in brand New Jersey that demands disclosures for all expert re payments.
‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but here is the time that is first have ever been aware of a gaming regulatory agency needing disclosure of payments to lawyers,’ said Nicholas Casiello Jr., a lawyer aided by the Fox Rothschild firm’s video gaming team in Atlantic City.
This first report covered everything from July 2009 through December 2013, with future reports being made public for a basis that is quarterly.
The biggest ‘winner’ in terms of legal solutions was Brownstein Hyatt Farber Schreck, L.L Continue reading New Jersey Online Gambling Pays Off Bigtime for Lobbyists and Lawyers