Massachusetts Swings Both 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 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 came in the town of West Springfield, where there was a proposition to create an $800 million rough Rock casino. The casino was likely to be among the 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 general public referendum. About 55% of voters there voted against the casino, with 4,165 coming down from the project versus just 3,413 for this. The loss came as a surprise to many, once the campaign saw supporters regarding the casino drastically outspend opponents.
That rejection narrows the competition for the sole casino license in Western Massachusetts. During the brief moment, it would appear that only two applicants have a chance at that license: 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 Spending No Assistance
The West Springfield casino would have been built on the web site associated with the Eastern States Exposition, home towards the Big E the biggest agricultural fair in New England. In early stages, it appeared as if Hard Rock had little chance to overcome initial opposition to the project. That changed a bit as the casino string invested nearly $1 million campaigning for the task making promises about the total amount of revenue they would bring in for West Springfield yearly.
Ultimately, though, opposition teams could actually make their instance better, plus the project was soundly defeated. The victory ended up being viewed as a big win for anti-casino teams across the state, all of which are badly financed in comparison to their pro-casino opponents.
One other vote within the state may have had a far more surprising outcome. 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 favor of the plan versus only 502 against.
The win capped a turnaround that is remarkable Plainridge. Just last thirty days, state regulators determined that the track’s ownership group was unfit to compete for the single slots parlor permit that was available. But Penn National made a last-minute move to purchase the track, overpowering the slots parlor proposal as well. That was enough to fulfill the Gaming Commission, which provided their approval for the project.
Of course, not everyone was happy aided by the racino’s casino-online-australia.net/ approval.
‘ The process isn’t working,’ said Mary-Ann Greanier, a user of No Plainville Racino. ‘The safeguards we were told to 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 is also a solitary permit available in Southeastern Massachusetts, but as of yet, no developers have applied for a license in that region.
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 rules that are betting.
In an effort to reform their state’s gambling industry, Florida is working on several fronts towards clarifying and changing lots 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 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 final week. The rules are made to eliminate a number that is growing of techniques that are clearly outside of what the state intends to enable at such venues. Even though some of those new rules work, those in the industry say that many simply reveal that regulators aren’t familiar enough with Florida’s gambling industry to make such sweeping changes.
‘Some of those 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 really well. One or two are pretty silly.’
One of many big areas covered in the draft guidelines is horse racing regulations designed to eliminate racing that is non-standard. Many in the industry agree that this is a good clear idea, as ‘barrel racing’ and ‘flag-drop’ racing happen seen by some operators in an effort to cheaply earn payments that may also enable them to supply card spaces or slot machines alongside those events.
This new rules would help put an end to such practices. They would bar ‘the rushing animal to alter program in response to any obstacles in the racing surface’ and ensure that jockeys conform to uniform and fat requirements that willn’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 incorrect. According to Stirling, some of the rules could devastate the race industry if they aren’t changed.
For example, the regulations that are new require that all races are in least six furlongs in length something which 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 shorter than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses rushing within the summer. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they are in Tallahassee, but we’ve these things called phones.’
He additionally objected to a rule that states that each and every race must have at least six horses a guideline that may cause races to be canceled because of last minute scratches.
Jai-Alai would also be affected by the brand new regulations. For example, each place could be needed to have eight players that are certified rotation. This rule comes in response to a debate at Ocala Poker and Jai-Alai, which began the 2012 period with only two players.
While there could be difficulties with the rules, division director Leon Biegalski says there shouldn’t be a problem, and that the workshops were created to help iron out these problems aided by the industry’s assistance.
‘They’re draft rules. They’re a point that is starting. We should make sure that all of the permit holders and all sorts of the stake holders are on the same web page in terms of what the regulation is that’s around and what should 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 associated with the Tokyo 2020 Summer Olympic Games.
It’s difficult to think that 2020 is only seven years away, but that’s how long we’ve before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training will not end up being the only ones reaching for gold, since the casino that is worldwide will also be attempting to produce what up until now has seemed very nearly 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 very last great untapped gaming that is asian, it’s a prize that lots of into the video gaming industry are inspired to produce.
Could the Games end up being the required drive?
Japan infamous for decades of foot dragging regarding the legal casino issue now has extra motivation to create 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. 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 annual 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 states that amount would be 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, not to point out additional licensing fees and local municipal fees. Govertsen told investors he is bullish about the whole thing.
‘ We think the federal government should start thinking about incorporated resort development, at the least in Tokyo, as being a means to help the associated Olympics infrastructure arrive at fruition,’ he told investors following a Tokyo games announcement. And Govertsen isn’t the only person who smells money in the Asian metropolis; lots of the video gaming industry’s biggest players made tracks to Tokyo just because they heard the announcement to see if they might scout out land for prospective casino developments.
Industry Leaders Scouting Sites
Term is out that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on a Tokyo Bay site, on an item of reclaimed land, and he is maybe not the only one riding their 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 daily basis) were spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone appears to want in on the Gold Rush that is potential of.
‘Japan represents an opportunity that is historic tourism expansion in a nation with an incredibly rich cultural history,’ said 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 2 yrs, and both talking about possible business alliances in addition to testing the temperature for legislative passage.
Even though Japan hasn’t been noted for moving quickly in this arena, the 2020 Tokyo Olympics might be simply the fire they want to bring the gambling cooking pot to a boil at last.
‘In the situation of Tokyo, we think there would be significant government support to accomplish an integral resort over time for the opening of 2020 Olympics,’ Govertsen stated.