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 week that is past a great amount of voting taking place 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 came in the city of West Springfield, where there had been a proposition to build an $800 million rough Rock casino. The casino had been likely to be one of many competitors that are key the Western Massachusetts casino license.

But that task had been dealt what might 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 here voted against the casino, with 4,165 coming down from 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 sole casino license in Western Massachusetts. At the moment, it would appear that only two applicants have actually a chance at that license: an MGM task 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 Spending No Help

The western Springfield casino would have been built on the web site associated with the Eastern States Exposition, house towards the Big E the biggest 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 almost $1 million campaigning for the project making promises about the amount of revenue they would bring in for West Springfield annually.

Ultimately, though, opposition teams were able to make their case better, and also 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 defectively financed in comparison to their pro-casino opponents.

One other vote into the state might have had a far more surprising outcome. Into the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% associated with vote. A total of 1,582 voters came out in favor of the master plan versus just 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 was available. But Penn National produced move that is last-minute purchase the track, taking over the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which gave their approval for the project.

Of course, not everybody was pleased using 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 taking place.’

The Plainville project will compete against racino proposals in Raynham and Leominster, though the Leominster project must be approved by still voters.

Along with these projects, there are also three applicants for a license within the better Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino project in Everett, and a Suffolk Downs project in East Boston. There’s also a single license 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 attempt to reform hawaii’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 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 week that is last. The rules are made to eliminate a number that is growing of techniques that are obviously outside of what the state intends to enable at such venues. Even though many of these new rules work, those in the industry say that numerous just reveal that regulators aren’t familiar sufficient with Florida’s gambling industry to produce such sweeping changes.

‘Some of them make sense,’ 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 eradicate racing that is non-standard. Many in the industry consent that this is a good notion, as ‘barrel racing’ and ‘flag-drop’ racing have now been seen by some operators in an effort to cheaply earn payments that may also enable them to supply card rooms or slots alongside those events.

The new rules would help put an end to such practices. They would bar ‘the racing animal to improve course in reaction to virtually any obstacles in the surface that is racing and ensure that jockeys conform to uniform and weight needs that couldn’t be a problem for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

But the laws don’t stop there, and that’s where some feel that the rules go incorrect. According to Stirling, some of those guidelines could devastate the race industry if they aren’t changed.

For instance, the regulations that are new need that all races are at minimum six furlongs in total something which will make sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but which makes no sense for the industry in general.

‘[The guideline 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 racing in the summer. ‘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’ve these plain things called phones.’

He additionally objected to a rule that states that each competition must have at least six horses a guideline that could cause races to be canceled due to last minute scratches.

Jai-Alai would be affected by the regulations that are new. For instance, each location is required 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 season with only two players.

While there might 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 because of the industry’s help.

‘They’re draft rules. They’re a starting point. We should make sure that most 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 out there and what must 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 Japanese residents by news associated with the Tokyo 2020 Summer Olympic Games.

It’s hard to think that 2020 is just seven years away, but that’s just how long we have before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training will not be the only ones reaching for silver, since the casino that is worldwide is likewise trying to achieve what until recently has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time to ride the tourism wave that people Tokyo games are bound to bring in. With Japan the final great untapped Asian 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 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’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 generate $10 billion in annual gambling revenues, making them exactly the cash cows that the town has to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would become more than the $6.2 billion that the entire Las vegas, nevada Strip took in for 2012; so it ain’t chump change.

Those profits would produce an estimated 10 percent per casino for Tokyo, to not 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 the least in Tokyo, being a means to help the relevant Olympics infrastructure arrive at fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; lots of the video 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 going that Sheldon Adelson’s Las Vegas Sands Corp. has its attention on a Tokyo Bay web site, on a bit of reclaimed land, and he is perhaps not the only one riding their covered wagon across the prairie to stake out some land. American behemoths MGM Resorts International and Caesars Entertainment Corp. (the latter of whom’s death appears to be grossly exaggerated on a day-to-day basis) were spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody seems to want in on the Gold Rush that is potential of.

‘Japan represents an opportunity that is historic tourism expansion in a country with an incredibly rich cultural heritage,’ said 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 two years, and both speaking about business that is possible also 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 simply the fire they need to bring the gambling cooking pot to a boil at last.

‘In the case of Tokyo, we think there would be significant government support to complete an integral resort over time for the opening of 2020 Olympics,’ Govertsen said.