Increased Lobbying Expenditures and Growing Number of Stakeholders for Online Gaming

by Lou on September 11, 2010

If you’re looking for a political issue with a lot of stakeholders and a wide variety of special interests—all itching to wet their beaks and influence whatever legislation might be coming around the bend—you needn’t look any further afield than online gaming.

Mandatory disclosures show that major investments in political lobbying were made during the second quarter of 2010 by a wide variety of entities.  In fact, 43 special interest groups spent more than $4.2 million in lobbying efforts related to online gaming—the same amount spent by 36 groups during the year’s first quarter.

Leading the pack was Harrah’s, which spent more than $1 million, a slight increase from the $905,515 they spent during Q1.

Other big spenders included:

  • Mastercard:  $332, 857
  • UC Group: $487,690
  • Poker Players Alliance: $450,000
  • IGC: $429,000

During the second quarter, both Las Vegas’ Boyd Gaming Corporation and the Morongo Band of Mission Indians also lobbied for Internet gambling.  If nothing else, this demonstrates increased interest in this issue as well as an increasing number of stakeholders trying to carve out a piece of the impending online gaming pie for themselves.

The interest in online gaming is at an all time high in Washington DC.

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