Massachusetts Swings Both real Ways with Casino Vote
The MGM Springfield is one possible casino coming to Massachusetts in the long run; 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 into the state. The results had been split, giving both casino proponents and their opponents something to crow about.
Hard Rock Hits the Skids
The larger vote came in town of West Springfield, where there was a proposal to create an $800 million intense Rock casino. The casino had been likely to be one of the key competitors for the Western Massachusetts casino license.
But that task ended up being dealt what could be a deadly blow on Tuesday, after the voters of western Springfield decided to reject the plan in a public referendum. 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, because the campaign saw supporters associated with the casino opponents that are drastically outspend.
That rejection narrows the competition for the casino that is sole in Western Massachusetts. During the brief moment, it seems that only two candidates have actually a chance at that permit: an MGM task 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 constructed on the web site associated with Eastern States Exposition, home to your Big E the largest agricultural fair in New England. Early, it appeared as though Hard Rock had chance that is little overcome initial opposition to the task. That changed a little as the casino chain invested nearly $1 million campaigning for the task making promises about the quantity of revenue they would generate for West Springfield yearly.
Ultimately, though, opposition teams could actually make their case better, and the project was soundly defeated. The victory ended up being seen as a win that is big anti-casino teams across the state, all of which are defectively financed when compared to their pro-casino opponents.
One other vote in the state could have had a much more surprising result. 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 on the scene in support of the master 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 license that has been available. But Penn National produced last-minute relocate 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 task.
Needless to say, not everyone was pleased with the racino’s approval.
‘ The process isn’t working,’ said Mary-Ann Greanier, a known user of No Plainville Racino. ‘The safeguards we were told you may 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’s also a license that is single in Southeastern Massachusetts, but as of yet, no developers have applied for a license for the reason that area.
Gambling Business Criticizes Very 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 the state’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 during the state’s race tracks and jai-alai frontons throughout the state. But industry insiders say that the first draft of rules 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 form week that is last. The rules are designed to stop a growing number of questionable practices that are obviously outside of what the state intends to allow at such venues. And while some of these new rules work, those within the industry say that numerous just reveal that regulators aren’t familiar enough with Florida’s gambling industry to make such changes that are sweeping.
‘Some of them make sense,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ a number of them haven’t been thought out really well. One or two are pretty silly.’
Among the big areas covered in the draft guidelines is horse racing regulations designed to expel non-standard racing. 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 order to cheaply make payments that will even enable them to offer 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 program in reaction to any obstacles regarding the surface that is racing and make certain that jockeys conform to uniform and fat demands https://casino-bonus-free-money.com/lucky-nugget-casino/ that wouldn’t be an issue for legitimate racing operations.
Disagreement Over Acceptable Race Lengths
But the regulations don’t stop there, and this is where some feel that the rules go wrong. According to Stirling, some of these guidelines could devastate the racing industry if they aren’t changed.
For instance, the new regulations would require that all races are at 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 in general.
‘[The guideline 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 rushing in the summer. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a hundred years. I know they’re in Tallahassee, but we have these plain things called phones.’
He additionally objected to a rule that states that every race must have at the least six horses a rule that may cause races become canceled as a result of eleventh hour scratches.
Jai-Alai would additionally be affected by the regulations that are new. For instance, each venue 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 season with just two players.
While there could be issues 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 issues with the industry’s assistance.
‘They’re draft rules. They’re a starting place. We want to make sure that all the permit holders and all the stake holders are on the same page in terms of what the regulation is that’s out there and what must certanly be out there,’ Biegalski said.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver
Casino industry leaders were probably just like excited as these Japanese residents by news of this Tokyo 2020 Summer Olympic Games.
It’s difficult to think that 2020 is just seven years away, but that’s how long we have before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training will not function as the only ones reaching for silver, as the casino that is worldwide will also be trying to achieve what up until now has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you to drive the tourism revolution that those Tokyo games are bound to bring in. With Japan the final great untapped gaming that is asian, it’s a prize that many within the gaming industry are motivated to produce.
Could the Games be the required Push?
Japan infamous for decades of foot dragging regarding the legal casino issue now has extra motivation to produce it all happen too; the island nation must find a way to foot the expected $1.53 billion bill they are going to be underwriting to generate the venues and infrastructure necessary to host a season that is olympic. To that particular end, two possible 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 expert Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would be much more compared to $6.2 billion that the entire nevada Strip took in for 2012; so it ain’t chump change.
Those revenues would produce an estimated ten percent per casino for Tokyo, never to mention additional licensing fees and local municipal fees. Govertsen told investors he’s bullish about the whole thing.
‘ We think the federal government should think about integrated resort development, at the least in Tokyo, as a way to assist the relevant Olympics infrastructure visited fruition,’ he told investors following 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 because they heard the statement to see if they might scout out land for potential casino developments.
Industry Leaders sites that are scouting
Term 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 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) happen spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone generally seems to want in on the Gold Rush that is potential of.
‘Japan represents a historic chance of 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 nearly two years, and both discussing possible business alliances in addition to testing the temperature for legislative passage.
Even though Japan was not noted for moving quickly in this arena, the 2020 Tokyo Olympics might be just the fire they want to create the gambling pot to a boil at last.
‘In the case of Tokyo, we think there would be government that is significant to accomplish an integrated resort over time for the opening of 2020 Olympics,’ Govertsen stated.