Massachusetts Swings Both real Ways with Casino Vote

Massachusetts Swings Both real Ways with Casino Vote

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

This week that is past an abundance of voting taking place across Massachusetts, including two key votes on proposed casino tasks within the state. The results had been split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The larger vote came in the city of West Springfield, where there was a proposition to build an $800 million intense Rock casino. The casino had been anticipated to be among the key rivals for the Western Massachusetts casino license.

But that project had been dealt exactly what could be a deadly blow on Tuesday, after the voters of West Springfield decided to reject the plan in a general public referendum. About 55% of voters here voted against the casino, with 4,165 coming down against the project versus just 3,413 for this. The loss came as a surprise to many, as the campaign saw supporters for the casino opponents that are drastically outspend.

That rejection narrows the competition for the casino that is sole in Western Massachusetts. At the brief moment, it would appear that only two applicants have actually a chance at that license: an MGM task in Springfield, and a Mohegan Sun proposition that could be located in Palmer. The Palmer proposition still needs to be voted on by residents, while the MGM plan was approved by Springfield voters.

Heavy Spending No Help

The West Springfield casino would have been built on the site of this Eastern States Exposition, home to your Big E the biggest agricultural fair in New England. Early on, it appeared as though Hard Rock had chance that is little overcome initial opposition to the task. That changed a little as the casino chain invested nearly $1 million campaigning for the project and made promises about the total amount of revenue they would bring in for West Springfield annually.

Ultimately, though, opposition teams could actually make their case better, therefore the task was soundly defeated. The victory ended up being seen as a win that is big anti-casino groups across the state, all of which are badly financed when compared to their pro-casino opponents.

The other vote within the state might have had a much more surprising outcome. A plan to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of the vote in the town of Plainville. A complete of 1,582 voters arrived on the scene in support of the plan versus just 502 against.

The win capped a turnaround that is remarkable Plainridge. Just last thirty days, 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 last-minute go on to purchase the track, overpowering the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which provided their approval for the project.

Needless to say, not everybody was happy using the racino’s approval.

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

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

Along with these projects, there are also three applicants for a license into the Greater Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino project in Everett, and a Suffolk Downs project in East Boston. There is also a license that is single in Southeastern Massachusetts, but at the time of yet, no developers have applied for a license in 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 effort to reform the state’s gambling industry, Florida is working on several fronts towards clarifying and changing many of the rules that govern betting in the Sunshine State. One area of attention is on pari-mutuel wagering: the betting that goes on during the state’s race tracks and jai-alai frontons throughout the state. But industry insiders state that the very first draft of guidelines that have actually been proposed by state regulators just will not 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 week that is last. The guidelines are made to stop a growing number of questionable techniques that are obviously 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 numerous just reveal that regulators aren’t familiar enough with Florida’s gambling industry to help make such changes that are sweeping.

‘Some of those sound right,’ stated Ken Stirling, executive director of the Florida Horsemen’s Benevolent and Protective Association. ‘ Some of them haven’t been thought out really well. One or two are pretty silly.’

Among the big areas covered in the draft guidelines is horse racing regulations designed to eradicate non-standard racing. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race have already been seen by some operators in an effort to cheaply make payments that will even enable them to supply card spaces or slots alongside those races.

The brand new rules would help put a conclusion to practices that are such. They would bar ‘the racing animal to change course in reaction to virtually any obstacles on the surface that is racing and make sure that jockeys conform to uniform and weight needs that couldn’t be an issue for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

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

For example, the regulations that are new need that all races have reached minimum six furlongs in total a thing that might make sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but making no sense for the industry as a whole.

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

He additionally objected to a rule that states that each race must have at least six horses a guideline that may cause races to be canceled due to last minute scratches.

Jai-Alai would also be affected by the brand new regulations. For example, each venue will be 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 season with just two players.

While there might be issues with the rules, division director Leon Biegalski says there shouldn’t be described as a issue, and that the workshops are made to help iron out these problems with the industry’s assistance.

‘They’re draft rules. They’re a point that is starting. We should make sure that all of the license holders and all the stake holders are on the page that is same terms of what the regulation is that’s around and what must certanly be out there,’ Biegalski stated.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold

Casino industry giants were probably just like excited as these citizens that are japanese news of the Tokyo 2020 Summer Olympic Games.

It is difficult to think that 2020 is only 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 gold, as the global casino industry is likewise attempting to produce what up until now has felt nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time for you to drive the tourism revolution that those Tokyo games are bound to bring in. With Japan the last great untapped Asian gaming market, it’s a prize that many within the video gaming industry are motivated to obtain.

Could the Games end up being the Needed drive?

Japan infamous for decades of foot dragging in the legal casino issue now has extra motivation to create it all happen too; the island nation 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. Compared to that end, two feasible casinos on the drawing boards, one in Tokyo and the other in Osaka, could make $10 billion in yearly gambling revenues, making them exactly the cash cows that the city needs to pay its way. Japan gambling industry expert Grant Govertsen principal of Las Vegas-based Union Gaming Group claims that amount would become more than the $6.2 billion that the whole nevada Strip took in for 2012; so it ain’t chump change.

Those revenues would produce an estimated 10 percent per casino for Tokyo, not to point out licensing that is additional and local municipal fees. Govertsen told investors he’s bullish about all of it.

‘ We think the government should consider incorporated resort development, at the very least in Tokyo, being a means to assist the associated Olympics infrastructure visited fruition,’ he told investors following the Tokyo games announcement. And Govertsen isn’t the only one who smells profit the Asian metropolis; many of the video gaming industry’s biggest players made tracks to Tokyo just as they heard the announcement to see if they might scout out land for prospective casino developments.

Industry Leaders Scouting Websites

Term has gone out that Sheldon Adelson’s Las Vegas Sands Corp. has its attention on a Tokyo Bay site, on a bit of reclaimed land, and he’s not the only one riding his covered wagon across the prairie to stake out some land. American behemoths MGM Resorts International and Caesars Entertainment Corp. (the latter of who’s death is apparently grossly exaggerated for a basis that is daily are spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody appears to want in on the Gold Rush that is potential of.

‘Japan represents an opportunity that is historic tourism expansion in a nation with an incredibly rich cultural history,’ stated MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in an extraordinary position to re-energize the whole country’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for nearly couple of years, and both talking about business that is possible as well as 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 scenario of Tokyo, we think there would be significant federal government help to accomplish an integral resort in time for the opening of 2020 Olympics,’ Govertsen said.

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