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 long run; it got a thumbs up from local voters this week

This week that is past an abundance of voting happening 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 bigger vote arrived in the city of West Springfield, where there had been a proposal to construct an $800 million Hard Rock casino. The casino ended up being likely to be among the competitors that are key the Western Massachusetts casino license.

But that task ended up being dealt what might 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 here voted against the casino, with 4,165 coming away against the project versus just 3,413 for it. The loss came as a surprise to many, because the campaign saw supporters associated with casino opponents that are drastically outspend.

That rejection narrows the competition for the casino that is sole in Western Massachusetts. During the moment, it would appear that only two applicants have actually a chance at that permit: an MGM project in Springfield, and a Mohegan Sun proposal that would 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 Spending No Help

The West Springfield casino would have been constructed on the web site of the Eastern States Exposition, house to your Big E the largest agricultural fair in New England. In early stages, it showed up as though Hard Rock had chance that is little overcome initial opposition to the project. That changed a little as the casino chain spent almost $1 million campaigning for the project making promises about the quantity of income they would bring in for western Springfield annually.

Ultimately, though, opposition teams were able to make their case better, and also the task was soundly defeated. The victory ended up being seen as a big victory for anti-casino teams across the state, all of that are badly financed compared to their pro-casino opponents.

The other vote in the state may have had a much 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. An overall total of 1,582 voters arrived in support of the plan versus only 502 against.

The win capped a remarkable turnaround for 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 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 provided their approval for the project.

Needless to say, not everyone was delighted aided by the racino’s approval.

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

The Plainville project 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 solitary license available in Southeastern Massachusetts, but as of yet, no developers have applied for a license for the reason 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 rules that are betting.

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 part of attention is on pari-mutuel wagering: the betting that goes on during the state’s race tracks and frontons that are jai-alai their state. But industry insiders say that the very first draft of guidelines that have actually 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 kind final week. The rules are made to eliminate a growing number of questionable techniques that are clearly outside of what the state intends to allow at such venues. And while a few of these new rules work, those within the industry say that many merely show that regulators aren’t familiar sufficient with Florida’s gambling industry to make such changes that are sweeping.

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

One of the big areas covered in the draft guidelines is horse racing regulations designed to eliminate non-standard racing. Many in the industry agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing are seen by some operators in an effort to cheaply make payments that will even enable them to provide card rooms or slots alongside those events.

The new rules would help put a conclusion to practices that are such. They’d bar ‘the racing animal to improve program in response to virtually any hurdles in the racing surface’ and make certain that jockeys conform to uniform and fat demands that wouldn’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 length something that might create sense in the event that you’ve only seen the Triple Crown races or the Breeder’s Cup, but which makes no sense for the industry all together.

‘[The rule that] no competition must be shorter 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. ‘That’s silly. We run infant races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they truly are in Tallahassee, but we have these things called phones.’

He additionally objected to a rule that states that each and every battle must have at the least six horses a guideline that could cause races become canceled due to eleventh hour scratches.

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

While there might be difficulties with the rules, unit director Leon Biegalski says there shouldn’t be described as a problem, and that the workshops are designed to help iron out these issues utilizing the industry’s help.

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

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

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

It’s hard to believe that 2020 is just seven years away, but that’s the length of time we’ve before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training won’t be the only ones reaching for silver, since 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 and energy to ride the tourism revolution that people Tokyo games are bound to bring in. With Japan the past great untapped Asian video gaming market, it’s a prize that numerous in the video gaming industry are inspired to achieve.

Could the Games be the required drive?

Japan infamous for decades of foot dragging in the legal casino issue now has extra motivation to help make it all happen too; the island country must find some way to foot the expected $1.53 billion bill they’ll be underwriting to create 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 one other in Osaka, could generate $10 billion in annual gambling revenues, making them exactly the bucks cows that the town has to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would be more than 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 10 % per casino for Tokyo, not to mention additional licensing fees and local municipal fees. Govertsen told investors he’s bullish about all of it.

‘ We think the federal government should consider integrated resort development, at the least in Tokyo, being a methods to assist the related Olympics infrastructure visited fruition,’ he told investors following a Tokyo games announcement. And Govertsen isn’t the only person who smells profit the Asian metropolis; lots of the 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 sites that are scouting

Term is 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 is perhaps 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 who’s death appears to be grossly exaggerated on a day-to-day basis) have been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone generally seems to want in on 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 2 yrs, and both discussing possible business alliances as well as testing the heat for legislative passage.

And while Japan was not 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 up to a boil at last.

‘In the way it is of Tokyo, we think there would be significant federal government support to complete an integral resort in time for the opening of 2020 Olympics,’ Govertsen stated.


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