It’s good to be a casino industry lobbyist or lawyer representing New Jersey on line gaming, based on the latest reports (Image: thepublici.com)
Everybody else knows that when it involves gambling, the house always wins. In the case of online gambling in New Jersey, it seems that the lobbyists and solicitors do pretty well on their own, too.
Support 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 numbers are scheduled to be released for brand New Jersey casino web sites, and are part of an unusual requirement in brand New Jersey that demands disclosures for many professional re payments.
‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but this is the first-time we have actually 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 group in Atlantic City.
This first report covered everything from July 2009 through December 2013, with future reports being made public on a quarterly basis.
The biggest ‘winner’ in terms of legal services was Brownstein Hyatt Farber Schreck, L.L.P., which m Devamını Oku