Massachusetts Swings Both real Ways with Casino Vote

Massachusetts Swings Both real Ways with Casino Vote

The MGM Springfield is one feasible casino coming to Massachusetts in the near future; it got a thumbs up from local voters this week

This week that is past plenty of voting happening across Massachusetts, including two key votes on proposed casino projects into the state. The outcomes had been split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The bigger vote came in town of West Springfield, where there was a proposal to build an $800 million tough Rock casino. The casino was expected to be one of many competitors that are key the Western Massachusetts casino license.

But that project ended up being dealt what might be a fatal blow on Tuesday, after the voters of West Springfield decided to reject the plan in a public referendum. About 55% of voters here voted against the casino, with 4,165 coming away against the project versus just 3,413 because of it. The loss came as a surprise to many, as the campaign saw supporters regarding the casino opponents that are drastically outspend.

That rejection narrows the competition for the casino that is sole in Western Massachusetts. During the brief moment, it would appear that only two candidates have actually a chance at that permit: an MGM project in Springfield, and a Mohegan Sun proposition that might be located in Palmer. The Palmer proposal nevertheless needs to be voted on by residents, while the MGM plan was approved by Springfield voters.

Heavy Investing No Assistance

The western Springfield casino would have been built on the site regarding the Eastern States Exposition, house towards the Big E the biggest agricultural fair in New England. Early, it appeared as though Hard Rock had little chance to overcome initial opposition to the project. That changed a bit as the casino chain invested nearly $1 million campaigning for the project and made promises about the amount of revenue they would generate for western Springfield annually.

Ultimately, though, opposition groups had the ability to make their situation better, therefore the task was soundly defeated. The victory was viewed as a win that is big anti-casino teams across the state, all of that are badly financed when compared to their pro-casino opponents.

One other vote in the state may have had an even more surprising result. In the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% associated with the vote. A complete of 1,582 voters arrived on the scene in favor of the master plan versus just 502 against.

The win capped a remarkable turnaround for Plainridge. Just month that is last state regulators determined that the track’s ownership group was unfit to compete for the solitary slots parlor permit which was available. But Penn National made a move that is last-minute purchase the track, overtaking the slots parlor proposal as well. That was enough to fulfill the Gaming Commission, which offered their approval for the task.

Of course, not everybody was happy using the racino’s approval.

‘ The process isn’t working,’ said Mary-Ann Greanier, a member of No Plainville Racino. ‘The safeguards we were told to expect are not taking place.’

The Plainville project will compete against racino proposals in Raynham and Leominster, though the Leominster project must be approved by still voters.

Along with these projects, there are also three applicants for a license within the better Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino project in Everett, and a Suffolk Downs project in East Boston. There’s also a license that is single in Southeastern Massachusetts, but at the time of yet, no developers have applied for a license for the reason that region.

Gambling Industry Criticizes Very First Draft of Florida Pari-Mutuel Rules

Parimutuel wagering and jai-alai are getting the focus as Florida reviews its racetrack and betting rules.

In an attempt to reform their state’s gambling industry, Florida is working on several fronts towards clarifying and changing most rules that govern betting in the Sunshine State. One part of attention is on pari-mutuel wagering: the betting that goes on at the state’s race tracks and jai-alai frontons throughout their state. But industry insiders state that the very first draft of guidelines that have actually been proposed by state regulators merely won’t work.

Workshop to Hammer Out Wagering Rules

Those rules will ultimately be discussed at a workshop with the Division of Pari-Mutuel Wagering on October 16, but were first released in a draft form final week. The rules are made to stop a growing number of questionable methods that are demonstrably outside of what the state intends to enable at such venues. Even though a few of these new rules work, those within the industry say that many simply show that regulators aren’t familiar enough with Florida’s gambling industry to help make such sweeping changes.

‘Some of those make sense,’ stated Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ a number of them haven’t been thought out very well. One or two are pretty silly.’

One of many big areas covered in the draft guidelines is horse racing regulations designed to expel non-standard racing. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race are seen by some operators as a way to cheaply earn payments that will even enable them to offer card rooms or slot machines alongside those events.

This new rules would help put an end to such practices. They might bar ‘the racing animal to change course in reaction to virtually any hurdles regarding the racing surface’ and ensure that jockeys conform to uniform and fat needs that willn’t be a problem for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

But the regulations don’t stop there, and this is where some feel that the rules go incorrect. According to Stirling, some of the guidelines could devastate the race industry if they aren’t changed.

As an example, the regulations that are new need that all races have reached least six furlongs in total a thing that might create sense in the event that you’ve only seen the Triple Crown races or the Breeder’s Cup, but which makes no sense for the industry all together.

‘[The rule that] no competition must be smaller than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses rushing into the summer. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they truly are in Tallahassee, but we now have these things called phones.’

He also objected to a rule that states that each battle must have at the very least six horses a guideline that may cause races become canceled as a result of last minute scratches.

Jai-Alai would also be affected by the brand new regulations. For example, each venue is required to own eight certified players in rotation. This rule comes in response to a debate at Ocala Poker and Jai-Alai, which started the 2012 period with only two players.

While there may be problems with the rules, unit director Leon Biegalski says there shouldn’t be considered a nagging problem, and that the workshops were created to help iron out these issues with the industry’s help.

‘They’re draft rules. They’re a starting place. You want to make sure that most of the license holders and all the stake holders are on the page that is same terms of just what the regulation is that’s around and what should be out there,’ Biegalski said.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold

Casino industry leaders were most likely just like excited as these Japanese citizens by news associated with Tokyo 2020 Summer Olympic Games.

It is hard to believe that 2020 is just seven years away, but that’s just how long we’ve before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training won’t be the only ones reaching for silver, since the worldwide casino industry may also be attempting to accomplish what until recently has felt nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time to ride the tourism revolution that people Tokyo games are bound to bring in. With Japan the very last great untapped gaming that is asian, it’s a prize that lots of into the video gaming industry are motivated to obtain.

Could the Games end up being the Needed Push?

Japan infamous for decades of foot dragging on the legal casino issue now has extra motivation to help make it all happen too; the island country must find a way to foot the expected $1.53 billion bill they are going to be underwriting to generate the venues and infrastructure necessary to host a season that is olympic. To that end, two casinos that are possible the drawing boards, one in Tokyo and one other in Osaka, could make $10 billion in yearly gambling revenues, making them exactly the money cows that the city has to pay its way. Japan industry that is gambling Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would be much more compared to the $6.2 billion that the entire nevada Strip took in for 2012; so it ain’t chump change.

Those revenues would produce an estimated 10 percent per casino for Tokyo, to not mention additional licensing fees and local municipal fees. Govertsen told investors he is bullish about the whole thing.

‘ We think the federal government should give consideration to incorporated resort development, at the very least in Tokyo, as a methods to assist the related Olympics infrastructure arrived at fruition,’ he told investors following Tokyo games announcement. And Govertsen isn’t the only person who smells money in the Asian metropolis; many of the video gaming industry’s biggest players made tracks to Tokyo just if they could scout out land for potential casino developments as they heard the announcement to see.

Industry Leaders sites that are scouting

Word has gone out that Sheldon Adelson’s Las Vegas Sands Corp. has its eye for a Tokyo Bay web site, on a bit of reclaimed land, and he is not the only person riding his covered wagon across the prairie to stake some land out. American behemoths MGM Resorts International and Caesars Entertainment Corp. (the latter of whom’s death seems to be grossly exaggerated on a basis that is daily have now been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody seems to want in on the potential Gold Rush of 2020.

‘Japan represents an opportunity that is historic tourism expansion in a country with an incredibly rich social heritage,’ said MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in a position that is extraordinary re-energize the entire country’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for nearly two years, and both discussing possible business alliances also testing the temperature for legislative passage.

Even though Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics could be just the fire they want to create the gambling pot up to a boil at last.

‘In the actual situation of Tokyo, we think there would be significant federal government help to complete an integrated resort over time for the opening of 2020 Olympics,’ Govertsen stated.

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