New Jersey Online Gambling Pays Off Bigtime for Lobbyists and Solicitors

New Jersey Online Gambling Pays Off Bigtime for Lobbyists and Solicitors

It’s good to be always a casino industry lobbyist or attorney New that is representing Jersey gaming, based on the latest reports (Image: thepublici.com)

Everyone else understands that when it comes to gambling, the house always wins. In the case of online gambling in New Jersey, it appears that the lobbyists and solicitors do pretty well for themselves, too.

Support Services Make Bank

According to 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 figures came simply days before the revenue that is first are planned to be released for brand New Jersey casino sites, and are section of an unusual requirement in brand New Jersey that demands disclosures for all professional re payments.

‘Many states have statutes requiring public disclosure of profits by lobbyists, including New Jersey, but here is the time that is first have ever heard about a gaming regulatory agency requiring disclosure of payments to lawyers,’ stated Nicholas Casiello Jr., a lawyer with all the Fox Rothschild company’s video 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 foundation.

The biggest ‘winner’ in terms of legal solutions was Brownstein Hyatt Farber Schreck, (more…)

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PokerStars’ Dire Straits End: Money for Something, No Chips for Free

PokerStars’ Dire Straits End: Money for Something, No Chips for Free

A reinterpretation of the statutory law by the DoJ could start the entranceway for PokerStars to enter the New Jersey market at last.

Just when you can’t possibly become anymore cynical about how justice is meted out on the planet, a brand new boomerang gets tossed that hits you square in the top. Such is the latest in the U.S. Department of Justice’s power to bend, turn, mutate and essentially rewrite the law whenever they can potentially fit some additional money out of it to enhance their coffers.

Of course, we would never ever imply that any backhanded deals are going on, however you can come to your very own conclusions on this one.

Justice 2.0

Unnamed sources are rumored to have admitted that the DoJ is suddenly ready to accept an interpretation that is new of legislation, one which essentially lets non-American citizens and any companies they may be involved with off the hook with any criminal fees. Term is the federal justice agency will accept corporate fines which we’re pretty sure won’t be chump change along with pleas that could kill any pending costs, so long as those companies haven’t any U.S. physical presence whatsoever.

Isn’t it simply therefore convenient that this happens to encompass the situation that is exact allows PokerStars until now saddled with the dreaded ‘bad actor’ designation that has kept the major on line site out from the operating in both Nevada and nj-new (more…)

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Prohibited Sweepstakes Operator Gave Money to North Carolina Politicians

Prohibited Sweepstakes Operator Gave Money to North Carolina Politicians

Numerous North Carolina politicians accepted campaign contributions from illegal sweepstakes operator Chase E. Burns.

Politics can be a dirty company, but there are numerous places even politicians don’t wish to attend get money for their campaigns, at the least not knowingly. They truly are few and far between, of course, however they do exist and unlawful gambling operations are probably near to the top of the potential list.

Thousands in Political Efforts

That’s why a story that is recent of new york has made headlines perhaps not for anything lawmakers there might have done but for where their campaign funds have come from. It’s been reported that a bank checking account used last year to produce a total of $235,000 in campaign contributions to dozens of North Carolina candidates for political workplace included laundered money funds from the criminal gambling enterprise run by the Oklahoma resident.

The donations arrived from Chase E. Burns, an Oklahoma man who ran sweepstakes games in states such as Florida. It absolutely was one of a few records tied to his illegal businesses, which is why Burns has been already been prosecuted in both Florida and Oklahoma.

In September, Burns pleaded no contest to two criminal counts of assisting into the operation of a lottery. This was actually a much lighter sentence than he might have received: before the plea bargaining, Burns faced 205 felony cou (more…)

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Nevada Revenues Rebounded Heartily in 2013

Nevada Revenues Rebounded Heartily in 2013

Las vegas, nevada’ advertising campaigns positioning the city as hip and happening seem to be working, based on 2013 revenue tallies

This has been awhile since Las Vegas could really publish any extremely positive news about revenues, but 2013 appears to have been a watershed year economically for las vegas. Figures posted end-of-year by the Nevada Gaming Control Board show a whopping 22.6 percent spike in gaming revenues for the month of November, carrying out a notably flat October, a truth that guarantees showing excellent year-end overall numbers once compiled.

Second Best of the 12 Months

Turns out was the second best of the year for Las Vegas Strip properties november. Baccarat took house the gold literally with a 94 percent hike, while table games also pulled a 53.5 percent jump to their weight, in comparison to 2012. Certainly no body is ripping down slot machines, but it seems that old-school gambling is the moneymaker these days in the town of Neon.

Statewide, the picture was also a positive one. A bump of 11.9 percent compared to the year prior across Nevada, casinos took in $875.9 million in November. And even more encouraging, it had been the next hike that is monthly the past four months.

Las Las Vegas’ uber-successful advertising campaign of being the coolest, hippest, swag-est place to be on the planet is apparently working when it comes to gambling because well; the Strip earned $529.4 million in November overal (more…)

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