Nj-new jersey Online Gambling Pays Off Bigtime for Lobbyists and Lawyers

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

California Legislators Maintain to Grapple with Gambling Options

Ca lawmakers will mull several state bills that could affect both land and online gambling efforts this present year (Image: Michael Macor, The Chronicle)

A fresh California gambling bill approved last week by the State Senate could up taxes and review regulatory procedures on the Golden State’s ever-expanding gaming industry. Introduced by Sen. Leland Yee (D-San Francisco), SB 601 goes under the microscope of the gaming policy advisory committee comprised of both industry executives and members of the general public, with all the goal of determining perhaps the current regulatory structures that are in place are aiding or abetting California’s current and future outlook that is economic.

Regulatory Review

Furthermore, the panel will review the impact of the state’s numerous card clubs on both state and regional tax flows, aswell as on charges to both. Yee said he is checking out the chance that more non-Indian video gaming outfits could help improve California’s ever-struggling coffers to become fuller.

‘Despite the news that is good’ve seen in budget projections, I believe it’s always worth considering new revenue sources for our state,’ noted Yee. Once the committee review is complete, the new bill will move on towards the state Assembly for further assessment.

Of course, as Newton so sensibly noted, for every action there is a similar and reaction that is equal and nowhere does that hold truer than worldwi Devamını Oku

University of Texas El Paso Boots Basketball Players for Gambling

Three UTEP Miners basketball players are suspended following allegations of illegal sports betting

If you’re an university sports fan, you almost certainly do not think much about the University of Texas at El Paso (UTEP) when considering to teams. Sure, you’ve probably been aware of UTEP, but you’re not too concerned when your chosen team suits up to relax and play them, and you will not be picking them to win a national championship in basketball or football anytime quickly. If their basketball group is in the news headlines, you know it’s probably not for anything they have done on the court.

Three Players Accused of Betting on Games

And that’s exactly true for the headlines taken from UTEP this week. Three players had been kicked off of the UTEP men’s basketball team after allegations had been made against them pertaining to gambling on sports. Those allegations finally caused the institution to report the gambling to the local FBI field office, and then take away the players from their team.

For those trying to find something such as the 1994 Arizona State aim shaving scandal, however, it does not appear that things went quite that far in this case. According to the college, none of the three UTEP players involved are accused of shaving points or tossing games, and there’s no evidence that any of them bet on games played by UTEP. Coach Tim Floyd said that the evidence he’s seen backs up this belief.

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