It’s good to be a casino industry lobbyist or attorney New that is representing Jersey gaming, in line with the latest reports (Image: thepublici.com)
Everyone else knows that whenever it involves gambling, the homely house always wins. In the full case of online gambling in New Jersey, it seems that the lobbyists and attorneys do pretty well for themselves, too.
Support Services Make Bank
Based on disclosures posted by the 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 New Jersey that demands disclosures for all professional payments.
‘Many states have statutes requiring public disclosure of profits by lobbyists, including New Jersey, but this is the time that is first have ever heard about a gaming regulatory agency needing disclosure of payments to lawyers,’ said Nicholas Casiello Jr., a lawyer using the Fox Rothschild firm’s video gaming group in Atlantic City.
This first report covered everything from July 2009 through December 2013, with future reports being made public for a quarterly basis.
The biggest ‘winner’ in terms of legal services was Brownstein Hyatt Farber Schreck, L.L.P., which made Continuer la lecture