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 week that is past a great amount of voting occurring across Massachusetts, including two key votes on proposed casino projects within the state. The outcomes were 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 was a proposal to build an $800 million intense Rock casino. The casino was expected to be one of many competitors that are key the Western Massachusetts casino license.

But that task was dealt what could 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 away from the project versus just 3,413 because of it. The loss came as a surprise to many, due to the fact campaign saw supporters associated with casino drastically outspend opponents.

That rejection narrows the competition for the sole casino license in Western Massachusetts. At the brief moment, it appears that only two applicants have a chance at that license: an MGM project in Springfield, and a Mohegan Sun proposal that might 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 Spending No Help

The West Springfield casino would have been constructed on the web site associated with the Eastern States Exposition, home to the Big E the largest agricultural fair in New England. In the beginning, it appeared as though Hard Rock had little chance to overcome initial opposition to the project. That changed a bit as the casino string spent nearly $1 million campaigning for the task and made promises about the amount of income they would make for West Springfield yearly.

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

The other vote within the state might have had an even 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 complete of 1,582 voters arrived in support of the master plan versus only 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 license that was available. But Penn National made a move that is last-minute purchase the track, overpowering the slots parlor proposal as well. That was enough to fulfill the Gaming Commission, which offered their approval for the project.

Of course, not everyone was delighted because of the racino’s approval.

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

The Plainville task 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 also 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 applied for a license for the reason that area.

Gambling Business 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 effort to reform the state’s gambling industry, Florida is working on several fronts towards clarifying and changing most 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 jai-alai frontons throughout the state. But industry insiders state that the very first draft of rules that have been proposed by state regulators just 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 kind week that is last. The rules were created to stop a number that is growing of practices that are clearly outside of what the state intends to enable at such venues. Even though some of these new rules work, those in the industry say that numerous merely reveal that regulators aren’t familiar enough with Florida’s gambling industry to make such changes that are sweeping.

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

One of many big areas covered in the draft rules is horse racing regulations designed to eradicate non-standard racing. Many in the industry agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race have already been seen by some operators in order to cheaply earn payments that may also enable them to supply card rooms or slot machines alongside those events.

The brand new rules would help put an end to practices that are such. They would bar ‘the rushing animal to alter program in response to virtually any obstacles regarding the racing surface’ and make sure that jockeys conform to uniform and weight requirements that wouldn’t be an issue 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 among these guidelines could devastate the racing industry if they aren’t changed.

For example, the regulations that are new need that most races are in least six furlongs in length a thing that might create 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 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 baby races at 4.5 furlongs and we’ve been doing it for a hundred years. I know they are in Tallahassee, but we now have these plain things called phones.’

He additionally objected to a rule that states that each competition must have at the very least six horses a guideline that may cause races to be canceled as a result of minute that is last.

Jai-Alai would additionally be affected by the regulations that are new. For instance, each place would be needed to possess eight players that are certified rotation. This rule comes in response to a controversy at Ocala Poker and Jai-Alai, which started the 2012 season with only two players.

While there might be problems with the rules, division director Leon Biegalski says there shouldn’t be described as a problem, and that the workshops were created to help iron out these issues utilizing the industry’s assistance.

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

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

Casino industry giants were probably just as excited as these citizens that are japanese news associated with Tokyo 2020 Summer Olympic Games.

It’s difficult to think that 2020 is just seven years away, but that’s just how long we have before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training will not end up being the only ones reaching for silver, because the global casino industry may also be trying to accomplish what until recently has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time and energy to drive the tourism revolution that people Tokyo games are bound to bring in. With Japan the last great untapped gaming that is asian, it’s a prize that lots of within the gaming industry are inspired to attain.

Could the Games be the required drive?

Japan infamous for decades of foot dragging regarding the legal casino issue now has extra motivation to make it all happen too; the island nation must find some way to foot the expected $1.53 billion bill they will be underwriting to generate the venues and infrastructure necessary to host a season that is olympic. To that particular end, two casinos that are possible the drawing boards, one in Tokyo and one 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 claims that amount would be much more compared to $6.2 billion that the entire Las Vegas Strip took set for 2012; so it ain’t chump change.

Those profits would produce an estimated 10 percent per casino for Tokyo, never to mention licensing that is additional and local municipal fees. Govertsen told investors he is bullish about the whole thing.

‘ We think the national government should think about integrated resort development, at 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 profit the Asian metropolis; lots 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 Scouting Sites

Word is going 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 is perhaps 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 for a basis that is daily have been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone appears to want in on the potential Gold Rush of 2020.

‘Japan represents a historic window of opportunity for 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 whole nation’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for nearly couple of years, and both discussing business that is possible in addition to testing the temperature for legislative passage.

Even though Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics could be simply the fire they require to create the gambling pot up to a boil at final.

‘In the actual situation of Tokyo, we think there would be significant federal government support to accomplish an integral resort in time for the opening of 2020 Olympics,’ Govertsen said.

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