Duane Morris – Page 6 – Duane Morris Gaming Law

March 13, 2014September 10, 2014 by Duane Morris

Duane Morris’ Adam Berger Writes on “Tavern Gaming: Did Pennsylvania Gamble Away a Huge Revenue Opportunity?”

Duane Morris’ Adam Berger, an associate in the firm’s Cherry Hill office, authored “Tavern Gaming: Did Pennsylvania Gamble Away a Huge Revenue Opportunity?” which appeared in the Philadelphia Business Journal on March 13, 2014.

In a move meant to increase Pennsylvania’s state and local tax base, Pennsylvania Governor Tom Corbett signed into law a bill that allows bars and taverns throughout the commonwealth to offer certain games of chance, known as tavern games. They include pull-tabs, daily drawings and certain raffles. Pull-tabs are games of chance that involve a ticket in which a player pulls, peels or pops open a selected part of the ticket to reveal images for a chance to win a prize based on what the ticket shows. These games may not offer a single prize higher than $2,000 or $35,000 in any consecutive seven-day period.

Click here to read the full article on the Philadelphia Business Journal website.

April 17, 2013September 10, 2014 by Duane Morris

The Likely Battle Between the State Lottery and Atlantic City’s Casinos

The New Jersey State Lottery, in existence for more than 42 years, has been a source of significant profit for state institutions and state aid for education. Even so, New Jersey has commenced efforts to privatize certain functions of the lottery, with the ultimate goal of increasing revenue and improviing the lottery’s operation. As the process has moved forward, the coexistence between lottery and casinos has become a topic of possible concern, particularly with the legalization of Internet wagering. Partner Frank DiGiacomo takes a closer look at the relationship between lottery and casinos in New Jersey, and what the partial privatization of the lottery may mean for the casino industry going forward in this article published in New Jersey Lawyer.

April 16, 2013September 10, 2014 by Duane Morris

Third-Party Software Providers–Will the DGE Take a Hard Look at Them?

Gaming, like many other industries, has been greatly impacted by changes in technology. As a result, the laws and regulations governing the gaming industry have begun to adapt in order to keep pace with the evolution of the gaming equipment manufacturing process. Attorneys Frank DiGiacomo and Eric Frank explore some of these reforms in New Jersey in this article from New Jersey Lawyer.

December 17, 2012September 10, 2014 by Duane Morris

Duane Morris Partner Frank DiGiacomo to Speak on “Regulatory Structure and Impacts of New Jersey’s New Legislation”

Duane Morris partner Frank DiGiacomo will speak on “Regulatory Structure and Impacts of New Jersey’s New Legislation” and “Historical Development of the Federal Regulatory Structure for Gambling: What Needs to Change to Make Internet Gambling Truly Work?” at Law Seminars International’s (LSI) Online Gambling Conference on Monday, February 4, 2013.

Mr. DiGiacomo, the program’s co-chair, will be opening the two-day conference that invites attorneys and business executives involved in the gaming and online entertainment industry. Attorneys who attend are also eligible to receive CLE credits.

Continue reading “Duane Morris Partner Frank DiGiacomo to Speak on “Regulatory Structure and Impacts of New Jersey’s New Legislation””

June 19, 2012September 10, 2014 by Duane Morris

Duane Morris Partner Gil Brooks on Gaming Law News Radio

In this broadcast from Gaming Law News Radio, Duane Morris partner Gil Brooks discusses the long-running tax assessment dispute between the owners of the Atlantic Club Casino Hotel and the city, which resulted in a reduction of the property’s assessed value by more than two-thirds (from $543 million to $165 million). He also touches on some of the other recent headlines coming from the Atlantic City market.

To listen to the broadcast, please visit the Gaming Law News Radio website.

May 24, 2012September 10, 2014 by Duane Morris

Duane Morris Helps Secure $19.5 Million Tax Credit for Casino

A team of Duane Morris lawyers, led by Gil Brooks of the firm’s Cherry Hill office, helped the Atlantic Club Casino Hotel reach a settlement agreement with Atlantic City getting the casino a $19.5 million tax credit. The team representing RIH Acquisitions NJ, LLC, which owns and trades as Atlantic Club, included Duane Morris attorneys Frank Suglia, Cathy Sakach and George Kroculick, among others. The settlement approved by A.C.’s City Council after numerous property tax appeals in the Tax Court of New Jersey, reduces the casino’s taxable assessed value by more than two-thirds, from $543 million down to $165 million. The casino’s multimillion dollar tax credit will reportedly be delivered in some combination of cash payments and future credits.

To read articles on the settlement, please visit the Press of Atlantic City and NJBIZ.

April 25, 2012September 10, 2014 by Duane Morris

Duane Morris Partner J. Scott Kramer Appointed Chair of the PA Bar Association Gaming Law Committee

Congratulations to Duane Morris partner J. Scott Kramer on being appointed Chair of the Pennsylvania Bar Association Gaming Law Committee for 2012-13. Scott will lead the committee as it endeavors to review, study and make recommendations concerning legislative proposals in the area of gaming law; promote the understanding of laws, regulations and court decisions; and develop materials and educational programs to promote improvements in the field of gaming law.