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 longer term; it got a thumbs up from local voters this week

This past week saw lots of voting occurring across Massachusetts, including two key votes on proposed casino tasks in the state. The outcomes were split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The bigger vote arrived in the town of West Springfield, where there was a proposition to construct an $800 million rough Rock casino. The casino ended up being anticipated to be one of the competitors that are key the Western Massachusetts casino license.

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

That rejection narrows the competition for the casino that is sole in Western Massachusetts. During the moment, it appears that only two applicants have actually a chance at that license: an MGM project in Springfield, and a Mohegan Sun proposal 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 Assistance

The West Springfield casino would have been constructed on the site for the Eastern States Exposition, home to the Big E the biggest agricultural fair in New England. In early stages, it appeared as though Hard Rock had little chance to overcome initial opposition to the task. That changed a bit as the casino chain spent nearly $1 million campaigning for the project making promises about the quantity of revenue they would make for western Springfield yearly.

Ultimately, though, opposition teams had the ability to make their case better, and the project was soundly defeated. The victory was regarded as a big win for anti-casino teams across the state, all of that are poorly financed when comparing to their pro-casino opponents.

One other vote into the state could 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 in support of the plan versus just 502 against.

The win capped a remarkable turnaround for Plainridge. Simply last thirty days, state regulators determined that the track’s ownership group was unfit to compete for the single slots parlor license that has been available. But Penn National made a last-minute go on to purchase the track, taking over the slots parlor proposal as well. That was enough to match the Gaming Commission, which gave their approval for the task.

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

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

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

A Wynn Resorts casino project in Everett, and a Suffolk Downs project in East Boston along with these projects, there are also three applicants for a license in the Greater Boston area: a Foxwoods proposal in Milford. There is also a single license available in Southeastern Massachusetts, but at the time of yet, no developers have used for a license in that area.

Gambling Industry Criticizes First Draft of Florida Pari-Mutuel Rules

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

In an effort to reform hawaii’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 at the state’s race tracks and frontons that are jai-alai the state. But industry insiders say that the very first draft of rules that have been proposed by state regulators merely 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 kind week that is last. The rules were created to eliminate a growing number of questionable practices that are obviously outside of what the state intends to allow at such venues. And even though many of these new rules work, those into the industry say that many merely show that regulators aren’t familiar sufficient with Florida’s gambling industry to help make such sweeping changes.

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

Among the big areas covered in the draft rules is horse racing regulations designed to eliminate non-standard racing. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race happen seen by some operators as a way to cheaply make payments that may also enable them to provide card rooms or slots alongside those races.

The brand new rules would help put an end to practices that are such. They might bar ‘the racing animal to alter program in reaction to virtually any obstacles regarding the surface that is racing and make certain that jockeys conform to uniform and weight demands that willn’t be an issue for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

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

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

‘[The guideline that] no race must be shorter than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses racing 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’re in Tallahassee, but we have these plain things called phones.’

He additionally objected to a rule that states that each and every battle must have at least six horses a rule which could cause races become canceled because of last minute scratches.

Jai-Alai would additionally be affected by the regulations that are new. For example, each place is required to have eight players that are certified rotation. This rule comes in response to a debate at Ocala Poker and Jai-Alai, which began the 2012 period with just two players.

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

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

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

Casino industry giants were most likely just as excited as these citizens that are japanese news for the Tokyo 2020 Summer Olympic Games.

It’s difficult to believe that 2020 is only seven years away, but that’s the length of time we have before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training won’t end up being the only ones reaching for gold, since the worldwide casino industry may also be trying to achieve what up until now has seemed almost insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time and energy to ride the tourism wave that those Tokyo games are bound to bring in. With Japan the very last great untapped gaming that is asian, it’s a prize that numerous into the video gaming industry are motivated to accomplish.

Could the Games be the Needed Push?

Japan infamous for decades of foot dragging regarding 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’ll be underwriting to produce 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 annual gambling revenues, making them exactly the money cows that the city has to pay its way. Japan gambling industry expert Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would become more compared to the $6.2 billion that the entire Las Vegas Strip took in for 2012; so it ain’t chump change.

Those profits would produce an estimated ten percent per casino for Tokyo, never to point out licensing that is additional and local municipal fees. Govertsen told investors he could be bullish about all of it.

‘ We think the federal government should consider integrated resort development, at the very least in Tokyo, as being a methods to assist the associated Olympics infrastructure arrived at fruition,’ he told investors following a Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; lots of the video gaming industry’s biggest players made tracks to Tokyo as soon because they heard the statement to see if they could scout out land for possible casino developments.

Industry Leaders Scouting Websites

Word has gone out that Sheldon Adelson’s Las Vegas Sands Corp. has its eye for a Tokyo Bay web site, on a piece of reclaimed land, and he’s maybe not the only person riding their 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 seems to be grossly exaggerated on a daily basis) have been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody appears to want in regarding the potential Gold Rush of 2020.

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

And even though Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics might be just the fire they require to create the gambling cooking pot to a boil at last.

‘In the scenario of Tokyo, we think there would be government that is significant to complete an integral resort over time for the opening of 2020 Olympics,’ Govertsen said.