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 previous week saw an abundance of voting taking place across Massachusetts, including two key votes on proposed casino projects in the state. The outcomes had been split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The larger vote arrived in town of West Springfield, where there had been a proposition to build an $800 million complex Rock casino. The casino ended up being expected to be one of many key rivals for the Western Massachusetts casino license.

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

That rejection narrows the competition for the sole casino license in Western Massachusetts. At the brief moment, it seems 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 proposition nevertheless needs to be voted on by residents, while the MGM plan was approved by Springfield voters.

Heavy Investing No Help

The West Springfield casino would have been built on the web site for the Eastern States Exposition, home to the Big E the largest agricultural fair in New England. In the beginning, it showed up as if Hard Rock had little chance to overcome initial opposition to the task. That changed a bit as the casino string spent almost $1 million campaigning for the task and made promises about the amount of revenue they would generate for West Springfield annually.

Ultimately, though, opposition groups were able to make their situation better, and the project was soundly defeated. The victory was regarded as a win that is big anti-casino groups across the state, all of which are defectively financed when compared to their pro-casino opponents.

One other vote within the state might have had a much more result that is surprising. Into the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% regarding the vote. A total of 1,582 voters arrived in support of the master plan versus just 502 against.

The win capped a turnaround that is remarkable Plainridge. Simply month that is last state regulators determined that the track’s ownership group was unfit to compete for the solitary slots parlor permit that was available. But Penn National made a last-minute proceed to 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.

Needless to say, not everybody was delighted utilizing the racino’s approval.

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

The Plainville task 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 task 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 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 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 jai-alai frontons throughout the state. But industry insiders state that the very first draft of rules that have been proposed by state regulators simply 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 last week. The guidelines were created to stop a number that is growing of techniques that are obviously outside of what the state intends to enable at such venues. And while a few of these new rules work, those in the industry say that numerous simply show that regulators aren’t familiar enough with Florida’s gambling industry to create 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.’

One of 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 an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing happen seen by some operators as a way to cheaply make payments that will also permit them to provide card rooms or slot machines alongside those events.

The new rules would help put an end to practices that are such. They might bar ‘the racing animal to change course in response to virtually any obstacles regarding the racing surface’ and ensure that jockeys conform to uniform and weight requirements that wouldn’t be a problem 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 the guidelines could devastate the race industry if they aren’t changed.

For example, the new regulations would require that most races are in least six furlongs in total something that will make sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but which makes no sense for the industry as a whole.

‘[The rule that] no competition must be faster than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses racing in the summer. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a century. 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 the very least six horses a rule which could cause races become canceled due to last second scratches.

Jai-Alai would be affected by the regulations that are new. For example, each venue could be required to own eight certified players in rotation. This rule comes in response to a controversy at Ocala Poker and Jai-Alai, which started the 2012 season with just two players.

While there could be problems with the rules, division director Leon Biegalski says there shouldn’t be a nagging issue, and that the workshops are made to help iron out these problems utilizing the industry’s help.

‘They’re draft rules. They’re a point that is starting. We should make sure that most of the permit holders and all sorts of the stake holders are on the exact same web page in 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 Gold

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

It is hard to think that 2020 is just seven years away, but that’s just how long we have 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, because the casino that is worldwide will also be attempting to achieve what up until now has felt almost insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you to ride the tourism wave that people Tokyo games are bound to bring in. With Japan the final great untapped gaming that is asian, it’s a prize that many in the video gaming industry are motivated to accomplish.

Could the Games be the required 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 some way to foot the expected $1.53 billion bill they are going to be underwriting to produce the venues and infrastructure necessary to host A olympic season. Compared to that end, two possible casinos on the drawing boards, one in Tokyo and the other in Osaka, could bring in $10 billion in annual gambling revenues, making them exactly the money cows that the town needs to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would become more compared to the $6.2 billion that the whole Las Vegas Strip took in for 2012; so it ain’t chump change.

Those revenues would produce an estimated 10 % per casino for Tokyo, never to mention additional licensing fees and local municipal fees. Govertsen told investors he could be bullish about the whole thing.

‘ We think the federal government should start thinking about incorporated resort development, at the very least in Tokyo, as a methods to help the associated Olympics infrastructure visited fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; many of the video gaming industry’s biggest players made tracks to Tokyo as soon because they heard the announcement to see if they might scout out land for prospective casino developments.

Industry Leaders Scouting Websites

Term is going that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on a Tokyo Bay web site, on a piece of reclaimed land, and he is not alone 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 appears to be grossly exaggerated for a basis that is daily have already been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone generally seems to want in regarding the Gold Rush that is potential of.

‘Japan represents an opportunity that is historic tourism expansion in a nation with an incredibly rich social history,’ 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 pretty much 2 yrs, and both discussing business that is possible also testing the heat for legislative passage.

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

‘In the case 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 said.

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