ï»¿Nj Online Gambling Pays Off Bigtime for Lobbyists and Attorneys
It’s good to be always a casino industry lobbyist or lawyer New that is representing Jersey gaming, in line with the latest reports (Image: thepublici.com)
Everyone else knows that whenever it concerns gambling, the house always wins. In the full case of online gambling in New Jersey, it seems that the lobbyists and attorneys do pretty well on their own, too.
Help Services Make Bank
Based on 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 numbers came just days before the revenue that is first are scheduled to be released for New Jersey casino sites, and are element of an unusual requirement in New Jersey that demands disclosures for several professional payments.
‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but here is the time that is first have actually ever heard about a gaming regulatory agency needing 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 quarterly foundation.
The biggest ‘winner’ in terms of legal services was Brownstein Hyatt Farber Schreck, L.L.P., which made $