It’s good to be a casino industry lobbyist or attorney representing New Jersey online gaming, in line with the latest reports (Image: thepublici.com)
Everybody else knows that when it comes to gambling, the house always wins. In the full case of online gambling in New Jersey, it appears that the lobbyists and attorneys do pretty well on their own, too.
Help Services Make Bank
Based on disclosures posted by the 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 internet sites, and are section of an unusual requirement in New Jersey that demands disclosures for all professional re payments.
‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but this is actually the very first time we have actually ever heard of a gaming regulatory agency needing disclosure of payments to lawyers,’ stated Nicholas Casiello Jr., a lawyer aided by the Fox Rothschild company’s video 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.
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