Q3 U.S ONLINE GAMBLING LOBBYING UP
5 February 2010
Third quarter lobbying up by 50 percent on Q3
2008
The independent US research group BolaVerde Media
reports that according to mandatory declarations made by
lobbying companies in the third quarter of 2009, the
amount of cash invested in this activity has soared 50
percent over Q3 2008.
Supporters, opponents and
observers of online gambling spent an estimated $3.65
million lobbying the United States government over the
third quarter of 2009, according to the BolaVerde report
– well up on the $2.41 million recorded for the same
periodd in 2008.
Principal lobbyists acted for
firms like Harrah's Entertainment Incorporated, UC Group
Limited and the Interactive Gaming Council.
"We
now know that regulated Internet gambling in the United
States is inevitable and we have a good feel for who the
big players will be in this emerging market," said Mark
Balestra, Managing Director for BVMG.
"But, it's
telling to see which ones are getting involved in
Washington. We expect the trend of increased lobbying
spend to continue this year and for new contributors to
enter the mix."
Between them, Harrah's, UC Group
and the Interactive Gaming Council spent an estimated
$2.04 million, which worked out at 55.9 percent of the
total, lobbying in favour of Internet gambling.
"An assessment of lottery spend also lends insight into
what the regulatory model will look like and who stands
to benefit," said Balestra.
Online Casino News Courtesy of
Infopowa
More news here.
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