It’s good to be a casino industry lobbyist or lawyer New that is representing Jersey gaming, according to the latest reports (Image: thepublici.com)
Everyone knows that when it comes to gambling, the homely house always wins. In the full case of online gambling in New Jersey, it seems that the lobbyists and lawyers do pretty well on their own, too.
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 came simply days before the first revenue figures are planned to be released for New Jersey casino web sites, and are part of an unusual requirement in New Jersey that demands disclosures for several professional re payments.
‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but this is the first time I have actually ever been aware of a gaming regulatory agency requiring disclosure of payments to lawyers,’ stated Nicholas Casiello Jr., a lawyer because of the Fox Rothschild firm’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 basis that is quarterly.
The biggest ‘winner’ in terms of legal solutions was Brownstein Hyatt Farber Schreck, L.L.P., which made $1.8 (more…)