Massachusetts Swings Both Ways with Casino Vote

Massachusetts Swings Both 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 week that is past an abundance of voting occurring across Massachusetts, including two key votes on proposed casino tasks in the state. The results had been 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 proposal to create an $800 million tough Rock casino. The casino was likely to be among the competitors that are key the Western Massachusetts casino license.

But that task ended up being dealt just 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 against the project versus just 3,413 for this. The loss came as a surprise to many, while the campaign saw supporters of 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 a chance at that license: an MGM task in Springfield, and a Mohegan Sun proposition that could 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 constructed on the web site associated with Eastern States Exposition, house to the Big E the largest agricultural fair in New England. In early stages, it showed up as though Hard Rock had little chance to overcome initial opposition to the task. That changed a little as the casino string spent nearly $1 million campaigning for the task making promises about the amount of income they would bring in for western Springfield yearly.

Ultimately, however, opposition groups had the ability to make their case better, therefore the project was soundly defeated. The victory was seen as a win that is big anti-casino teams across the state, all of which are defectively financed in comparison with their pro-casino opponents.

One other vote into the state could have had a far more result that is surprising. A plan to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of the vote in the town of Plainville. A total of 1,582 voters arrived 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 single 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 satisfy the Gaming Commission, which offered their approval for the task.

Needless to say, not everyone was delighted because of 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 you may anticipate aren’t occurring.’

The Plainville project 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 additionally three applicants for a license within the Greater 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 used 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 rules that are betting.

In an effort to reform hawaii’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 area 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 rules 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 week that is last. The guidelines were created to eliminate a growing number of questionable techniques that are demonstrably outside of what the state intends to allow at such venues. Even though several of those new rules work, those within the industry say that many simply reveal that regulators aren’t familiar enough with Florida’s gambling industry to create such sweeping changes.

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

Among the big areas covered in the draft guidelines is horse racing regulations designed to expel racing that is non-standard. Many in the industry agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race were seen by some operators in order to cheaply earn payments that will even permit them to offer card spaces or slot machines alongside those events.

The latest rules would help put a conclusion to practices that are such. They’d bar ‘the racing animal to change program in response to virtually any hurdles regarding the surface that is racing and ensure that jockeys conform to uniform and fat requirements 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 incorrect. According to Stirling, some among these guidelines could devastate the racing industry if they aren’t changed.

For example, the regulations that are new need that all races are in minimum six furlongs in total something that will 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 rule that] no race must be reduced 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 time. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a century. I know they are in Tallahassee, but we have these things called phones.’

He also objected to a rule that states that every race must have at least six horses a guideline which could cause races to be canceled due to minute that is last.

Jai-Alai would be affected by the regulations that are new. For example, each place is 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 problems with the rules, division director Leon Biegalski says there shouldn’t be considered a nagging issue, and that the workshops are designed to help iron out these problems utilizing the industry’s help.

‘They’re draft rules. They’re a kick off point. We want to make sure that all 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 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 regarding the Tokyo 2020 Summer Olympic Games.

It’s hard to think that 2020 is only seven years away, but that’s the length of time we have before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training won’t function as the only ones reaching for gold, as the casino that is worldwide is likewise trying to accomplish what until recently has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time to ride the tourism wave that those Tokyo games are bound to bring in. With Japan the last great untapped gaming that is asian, it’s a prize that many in the video gaming industry are inspired to achieve.

Could the Games end up being the required 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 country must find a way to foot the expected $1.53 billion bill they’ll be underwriting to create 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 yearly gambling revenues, making them exactly the bucks cows that the town 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 much more than the $6.2 billion that the whole nevada Strip took in for 2012; so it ain’t chump change.

Those profits would produce an estimated ten percent per casino for Tokyo, not to ever mention licensing that is additional and local municipal fees. Govertsen told investors he’s bullish about the whole thing.

‘ We think the government should think about integrated resort development, at least in Tokyo, as being a way to assist the related Olympics infrastructure visited fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only person who smells profit the Asian metropolis; lots 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 Scouting Websites

Term is going that Sheldon Adelson’s Las Vegas Sands Corp. has its attention on a Tokyo Bay site, on a piece of reclaimed land, and he’s perhaps not the only one riding his 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 seems to be grossly exaggerated for a basis that is daily were spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone appears to want in regarding the potential Gold Rush of 2020.

‘Japan represents an opportunity that is historic tourism expansion in a nation with an incredibly rich social history,’ stated MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in an extraordinary position to re-energize the whole nation’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for pretty much two years, and both speaking about possible business alliances also testing the temperature for legislative passage.

Even though Japan hasn’t been noted for moving quickly in this arena, the 2020 Tokyo Olympics could possibly be just the fire they require to bring the gambling cooking pot to a boil at final.

‘In the scenario of Tokyo, we think there would be significant government support to complete an integrated resort with time for the opening of 2020 Olympics,’ Govertsen stated.

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