Lobbying Efforts for USA Online Gambling Over 5 Million

Published Friday, May 07, 2010 - Online-Casinos.com

The Internet Gambling Federal Lobbying Report for the first quarter of the year 2010 has revealed that a considerable amount of money is being spent in Washington D.C. to reverse the current prohibition on online gambling activities in America. The BolaVerde Media Group compiled collected data that states 36 different parties spent a combined amount estimated to be around $5.16 million USD. Harrah's Entertainment Inc. spent the most at an estimated $1.22 million USD. The report went on to explain that Harrah's increased it expenditure on lobbying by 73% from the fourth quarter of 2009. Harrah's Interactive division, located in Montreal Canada operates an online casino and poker room for customers in the U.K. Contributions from the Poker Players Alliance was at $785,000, UC Group at $717,239, U.S. Chamber of Commerce (USCC) at $664,442 with the Interactive Gaming Council at $412,580. The total for the first quarter of 2010 was reduced by 16% since the last quarter of 2009. The U.S. Chamber of Commerce made a significant 66% cut in its lobby spending over last year's final quarter. The first quarter 2010 Internet Gambling Federal Lobbying Report is full of detailed information that ranks the amount of influence each organization is having on the Federal lawmakers in Washington. Recently Nevada Representative Dina Titus came on board as a supporter of the Bill before the Senate to overturn the ban indicating the land based casinos in Nevada are looking at the possible benefits of online gambling regulations in the States. Commenting on the details of the report by the BolaVerde Media Group, Managing Director Mark Balestra, said, "Anyone interested in the global Internet gambling industry needs to take notice of the bigger picture in the United States, including who is plotting entry and who might be reconsidering their positions, as well as the financial weight being thrown around. In this sense, an evaluation of lobbying strategies and spending trends lends pretty good insight into how things could pan out in Washington."

 

 

 

 

 

 

 

 

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