Massachusetts Swings Both Ways with Casino Vote

Massachusetts Swings Both Ways with Casino Vote

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

This past week saw a great amount of voting occurring across Massachusetts, including two key votes on proposed casino projects 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 came in the city of West Springfield, where there was a proposition to create an $800 million rough Rock casino. The casino was expected to be one of the competitors that are key the Western Massachusetts casino license.

But that task was dealt what might be a fatal 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 away against the project versus just 3,413 for this. The loss came as a surprise to many, since the campaign saw supporters of 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 project in Springfield, and a Mohegan Sun proposition that could be located in Palmer. The Palmer proposal 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 of the Eastern States Exposition, home to your Big E the largest agricultural fair in New England. Early, it showed up as if Hard Rock had chance that is little overcome initial opposition to the project. That changed a bit as the casino string invested almost $1 million campaigning for the task and made promises about the quantity of income they would bring in for West Springfield yearly.

Ultimately, however, opposition teams were able to make their instance better, and the task was soundly defeated. The victory ended up being viewed as a win that is big anti-casino teams across the state, all of which are defectively financed when comparing to their pro-casino opponents.

The other vote within the state could have had a far more surprising result. Into the town of Plainville, an idea to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of this vote. An overall total of 1,582 voters arrived on the scene in support of the master plan versus just 502 against.

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

Of course, not everybody was pleased with 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 you may anticipate aren’t occurring.’

The Plainville task will compete against racino proposals in Raynham and Leominster, though the Leominster project must be approved by still 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’s also a solitary license available in Southeastern Massachusetts, but as of yet, no developers have used for a license for the reason that region.

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 their state’s gambling industry, Florida is working on several fronts towards clarifying and changing most of the 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 the state. But industry insiders state that the first draft of guidelines that have 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 kind final week. The rules were created to eliminate a number that is growing of methods that are obviously outside of what the state intends to enable at such venues. And while some of these new rules work, those in the industry say that numerous just reveal that regulators aren’t familiar enough with Florida’s gambling industry to make such changes that are sweeping.

‘Some of them sound right,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and Protective Association. ‘ Some 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 expel non-standard racing. Many in the industry agree that this is a good clear idea, as ‘barrel racing’ and ‘flag-drop’ racing are seen by some operators in an effort to cheaply make payments that will also allow them to provide card spaces or slot machines alongside those races.

The newest rules would help put an end to practices that are such. They might bar ‘the rushing animal to change program in response to virtually any hurdles in the racing surface’ and make sure that jockeys conform to uniform and weight demands that couldn’t be a problem for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

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

For instance, the regulations that are new require that all races are at least six furlongs in total a thing that will make sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but making no sense for the industry all together.

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

He also objected to a rule that states that every competition must have at the very least six horses a rule which could cause races become canceled as a result of minute that is last.

Jai-Alai would also be affected by the brand new regulations. For example, each venue could be required to own eight players that are certified 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 could be issues with the rules, division director Leon Biegalski says there shouldn’t be a issue, and that the workshops are made to help iron out these issues using the industry’s assistance.

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

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

Casino industry giants were probably just as excited as these Japanese residents by news associated with the Tokyo 2020 Summer Olympic Games.

It is difficult to believe that 2020 is just seven years away, but that’s the length of time 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, as the worldwide casino industry will also be trying to produce what until recently has seemed almost insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you to drive the tourism revolution that those Tokyo games are bound to bring in. With Japan the final great untapped gaming that is asian, it’s a prize that lots of in the gaming industry are inspired to obtain.

Could the Games end up being the Needed drive?

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

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

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

Industry Leaders sites that are scouting

Term is out that Sheldon Adelson’s Las Vegas Sands Corp. has its attention for a Tokyo Bay site, on a piece of reclaimed land, and he is maybe not the only person riding their covered wagon across the prairie to stake some land out. American behemoths MGM Resorts International and Caesars Entertainment Corp. (the latter of who’s death appears to be grossly exaggerated for a day-to-day basis) have now been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody seems to want in regarding the potential Gold Rush of 2020.

‘Japan represents an opportunity that is historic tourism expansion in a country with an incredibly rich social history,’ stated MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in a position that is extraordinary 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 possible business alliances in addition to testing the heat for legislative passage.

Even though Japan hasn’t been noted for moving quickly in this arena, the 2020 Tokyo Olympics might be just the fire they need to bring the gambling pot to a boil at last.

‘In the case of Tokyo, we think there would be government that is significant to complete a built-in resort with time for the opening of 2020 Olympics,’ Govertsen stated.

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