It’s good to be a casino industry lobbyist or attorney New that is representing Jersey gaming, according to the latest reports (Image: thepublici.com)
Everyone understands that whenever it involves gambling, the homely house always wins. In the case of online gambling in New Jersey, it seems that the lobbyists and lawyers do pretty well on their own, too.
Support Services Make Bank
Based on disclosures posted by the New Jersey Division of Gaming Enforcement, the online gambling industry has resulted in $50.3 million in payments to lawyers, lobbyists, and other professionals since mid-2009. The numbers came just days before the revenue that is first are planned to be released for New Jersey casino web sites, and are element of an unusual requirement in New Jersey that demands disclosures for all expert payments.
‘Many states have statutes requiring public disclosure of profits by lobbyists, including New Jersey, but this is the first-time we have ever heard of a gaming regulatory agency requiring disclosure of payments to lawyers,’ said Nicholas Casiello Jr., a lawyer aided by the Fox Rothschild company’s 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.P., which made $1.89 million in lega Continue reading