It’s good to become a casino industry lobbyist or lawyer New that is representing Jersey gaming, according to the latest reports (Image: thepublici.com)
Everybody else understands that when it concerns gambling, the house always wins. In the case of online gambling in New Jersey, it appears that the lobbyists and lawyers do pretty well for themselves, too.
Support Services Make Bank
According to disclosures posted by the nj-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 figures arrived just days before the first revenue figures are scheduled to be released for New Jersey casino internet sites, and are section of an unusual requirement in New Jersey that demands disclosures for several professional re payments.
‘Many states have statutes requiring public disclosure of profits by lobbyists, including New Jersey, but this is actually the time that is first have actually ever heard of a gaming regulatory agency requiring disclosure of payments to lawyers,’ stated Nicholas Casiello Jr., a lawyer with all 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 on a quarterly basis.
The biggest ‘winner’ in terms of legal services was Brownstein Hyatt Farber S (more…)