Massachusetts Swings Both real 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 lots of voting occurring across Massachusetts, including two key votes on proposed casino projects within the state. The results were split, giving both casino proponents and their opponents something to crow about.
Hard Rock Hits the Skids
The bigger vote arrived in the town of West Springfield, where there was a proposal to create an $800 million tricky Rock casino. The casino had been expected to be one of many key competitors for the Western Massachusetts casino license.
But that task was dealt just what might be a deadly 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 down up against the project versus just 3,413 for it. The loss came as a surprise to many, as the campaign saw supporters of this casino opponents that are drastically outspend.
That rejection narrows the competition for the sole casino license in Western Massachusetts. During the brief moment, it seems that only two applicants have actually a chance at that permit: an MGM project in Springfield, and a Mohegan Sun proposition 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 Investing No Assistance
The western Springfield casino would have been built on the site for the Eastern States Exposition, house towards the Big E the largest agricultural fair in New England. In the beginning, 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 almost $1 million campaigning for the project and made promises about the quantity of revenue they would generate for West Springfield yearly.
Ultimately, though, opposition teams were able 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 badly financed in comparison to their pro-casino opponents.
One other vote within the state could have had a much more result that is surprising. Within the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming authorized with 76% regarding the vote. A complete of 1,582 voters came out in favor of the plan versus only 502 against.
The win capped a turnaround that is remarkable 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 has been available. But Penn National produced move that is last-minute purchase the track, overpowering the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which provided their approval for the task.
Of course, not everybody 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 to anticipate are not happening.’
The Plainville task 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 single license available in Southeastern Massachusetts, but as of yet, no developers have used 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 rules that govern betting in the Sunshine State. One section of attention is on pari-mutuel wagering: the betting that goes on during the state’s race tracks and frontons that are jai-alai hawaii. But industry insiders say that the 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 last week. The rules were created to eliminate a number that is growing of methods that are clearly outside of what the state intends to allow at such venues. And while some of these new rules work, those into the industry say that numerous just show that regulators aren’t familiar enough with Florida’s gambling industry to produce such changes that are sweeping.
‘Some of them sound right,’ said 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 racing that is non-standard. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing happen seen by some operators as a way to cheaply earn payments that will even enable them to supply card rooms or slot machines alongside those races.
The new rules would help put a conclusion to practices that are such. They might bar ‘the rushing animal to improve course in reaction to virtually any hurdles on the racing surface’ and ensure that jockeys conform to uniform and fat needs that couldn’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 wrong. According to Stirling, some of the rules could devastate the race industry if they aren’t changed.
For example, the regulations that are new need that most races have reached minimum six furlongs in total something that will make sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but helping to make no sense for the industry as a whole.
‘[The guideline that] no competition must be faster 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 infant races at 4.5 furlongs and we’ve been doing it for a 100 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 every battle must have at the very least six horses a guideline that may cause races to be canceled because of minute that is last.
Jai-Alai would additionally be affected by the new regulations. For example, each venue will be required to have 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 could be problems with the rules, division director Leon Biegalski says there shouldn’t be a nagging issue, and that the workshops are made to help iron out these problems aided by the industry’s assistance.
‘They’re draft rules. They’re a kick off point. We want to make sure that most of the license holders and all sorts of the stake holders are on the same web page in terms of what the regulation is that’s out there and what must certanly be out there,’ Biegalski stated.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver
Casino industry leaders were probably just like excited as these citizens that are japanese news associated with the Tokyo 2020 Summer Olympic Games.
It is hard to believe that 2020 is only 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 won’t be the only ones reaching for silver, because the worldwide casino industry will also be trying to accomplish what until recently has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time for you to drive the tourism revolution that those Tokyo games are bound to bring in. With Japan the past great untapped Asian video gaming market, it’s a prize that lots of within the video gaming industry are inspired to quickly attain.
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 make it all happen too; the island country 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 casinos that are possible the drawing boards, one in Tokyo and the other in Osaka, could generate $10 billion in annual gambling revenues, making them exactly the money cows that the city needs to pay its way. Japan gambling industry expert Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would be more compared to $6.2 billion that the whole vegas Strip took set for 2012; so it ain’t chump change.
Those revenues would produce an estimated 10 % per casino for Tokyo, never to point out licensing that is additional and local municipal fees. Govertsen told investors he could be bullish about the whole thing.
‘ We think the federal government should consider integrated resort development, at the least in Tokyo, as a way to assist the relevant Olympics infrastructure arrived at fruition,’ he told investors following the Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; many of the video gaming industry’s biggest players made tracks to Tokyo just while they heard the announcement to see if they might scout out land for potential casino developments.
Industry Leaders sites that are scouting
Term is out that Sheldon Adelson’s Las Vegas Sands Corp. has its attention for a Tokyo Bay web site, on an item of reclaimed land, and he’s maybe 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 is apparently grossly exaggerated on a basis that is daily have already been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody appears the lucky nugget saloon chessy france to want in on the Gold Rush that is potential of.
‘Japan represents a historic chance of tourism expansion in a country with an incredibly rich social history,’ said MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in a position that is extraordinary re-energize the whole country’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for nearly two years, and both speaking about business that is possible 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 be simply the fire they require to bring the gambling pot up to a boil at last.
‘In the scenario of Tokyo, we think there would be government that is significant to complete an integrated resort with time for the opening of 2020 Olympics,’ Govertsen said.