ï»¿Massachusetts Swings Both real Ways with Casino Vote
This past week saw an abundance of voting happening across Massachusetts, including two key votes on proposed casino projects into 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 town of West Springfield, where there had been a proposition to create an $800 million tough Rock casino. The casino was anticipated to be one of the competitors that are key the Western Massachusetts casino license.
But that task was dealt what could be a fatal 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 out against the project versus just 3,413 because of it. The loss came as a surprise to many, due to the fact campaign saw supporters of this casino drastically outspend opponents.
That rejection narrows the competition for the sole casino license in Western Massachusetts. At the brief moment, it would appear that only two applicants have actually a chance at that license: an MGM project in Springfield, and a Mohegan Sun proposal that might be located in Palmer. The Palmer proposition still needs to be voted on by residents, while the MGM plan was approved by Springfield voters.
Heavy Investing No Help
The West Springfield casino would have been constructed on the site regarding the Eastern States Exposition, home towards the 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 project. That changed a bit as the casino string invested nearly $1 million campaigning for the task and made promises about the quantity of revenue they would bring in for western Springfield annually.
Ultimately, however, opposition teams had the ability to make their case better, while the task was soundly defeated. The victory had been regarded as a big win for anti-casino groups across the state, all of which are badly financed in comparison to their pro-casino opponents.
The other vote within the state might have had an even 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. A complete of 1,582 voters came out in favor of the master plan versus just 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 solitary slots parlor permit that has been available. But Penn National produced move that is last-minute purchase the track, overtaking the slots parlor proposal as well. That was enough to match the Gaming Commission, which offered their approval for the project.
Needless to say, not everyone was happy because of 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 happening.’
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 license that is single in Southeastern Massachusetts, but as of yet, no developers have used for a license for the reason that area.
Gambling Industry Criticizes Very First Draft of Florida Pari-Mutuel 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 section of attention is on pari-mutuel wagering: the betting that goes on at the state’s race tracks and jai-alai frontons throughout the state. But industry insiders say that the very first draft of guidelines that have actually been proposed by state regulators just 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 kind final week. The guidelines are designed to stop a growing number of questionable techniques that are obviously outside of what the state intends to enable at such venues. And even though some of these new rules work, those into the industry say that many merely show that regulators aren’t familiar enough with Florida’s gambling industry in order to make such changes that are sweeping.
‘Some of those sound right,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ a number of them haven’t been thought out very well. One or two are pretty silly.’
One of many big areas covered in the draft rules is horse racing regulations designed to eliminate non-standard racing. Many in the industry agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race were seen by some operators in an effort to cheaply make payments that may also permit them to supply card rooms or slot machines alongside those races.
The newest rules would help put a conclusion to such practices. They might bar ‘the rushing animal to improve program club player casino no deposit bonuses in response to virtually any hurdles on the surface that is racing and ensure that jockeys conform to uniform and weight requirements that willn’t be an issue for legitimate racing operations.
Disagreement Over Acceptable Race Lengths
But the laws don’t stop there, and this is where some feel that the rules go incorrect. According to Stirling, some of these guidelines could devastate the racing industry if they aren’t changed.
For instance, the regulations that are new need that all races are in least six furlongs in length a thing that might make sense in the event that you’ve only seen the Triple Crown races or the Breeder’s Cup, but helping to make no sense for the industry in general.
‘[The rule that] no competition 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 baby races at 4.5 furlongs and we’ve been doing it for a century. I know they truly are in Tallahassee, but we now have these plain things called phones.’
He also objected to a rule that states that every competition must have at least six horses a guideline which could cause races to be canceled because of minute that is last.
Jai-Alai would be affected by the regulations that are new. For example, each location will be required to have eight certified players in 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 may be difficulties with the rules, division director Leon Biegalski says there shouldn’t be considered a problem, and that the workshops were created to help iron out these problems with all the industry’s assistance.
‘They’re draft rules. They’re a point that is starting. We should make sure that all the permit holders and all sorts of the stake holders are on the same page in terms of exactly what the regulation is that’s around and what must be out there,’ Biegalski said.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver
It is difficult to think that 2020 is just seven years away, but that’s how long we’ve before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training will not be the only ones reaching for silver, because the global casino industry may also be attempting to achieve what until recently has seemed very nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you to drive 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 within the gaming industry are inspired to achieve.
Could the Games end up being the Needed drive?
Japan infamous for decades of foot dragging in the legal casino issue now has extra motivation to help make it all happen too; the island country must find a way to foot the expected $1.53 billion bill they’ll be underwriting to generate the venues and infrastructure necessary to host a season that is olympic. To that end, two possible casinos on the drawing boards, one in Tokyo and the other in Osaka, could bring in $10 billion in yearly 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 more than the $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 % per casino for Tokyo, never to mention licensing that is additional and local municipal fees. Govertsen told investors he is bullish about all of it.
‘ We think the national government should start thinking about integrated resort development, at the least in Tokyo, as being a methods to help the associated Olympics infrastructure visited fruition,’ he told investors following a 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 if they could scout out land for potential casino developments as they heard the announcement to see.
Industry Leaders Scouting Websites
Term is out that Sheldon Adelson’s Las Vegas Sands Corp. has its attention on a Tokyo Bay site, on an item of reclaimed land, and he is perhaps 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 whom’s death is apparently grossly exaggerated on a day-to-day basis) have been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone generally seems to want in regarding the potential Gold Rush of 2020.
‘Japan represents an opportunity that is historic tourism expansion in a country with an incredibly rich cultural history,’ stated MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in an extraordinary position to re-energize the entire country’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for almost 2 yrs, and both discussing business that is possible as well as testing the heat for legislative passage.
And even though Japan was not noted for moving quickly in this arena, the 2020 Tokyo Olympics might be simply the fire they require to bring the gambling cooking pot up to a boil at last.
‘In the scenario of Tokyo, we think there would be government that is significant to complete a built-in resort in time for the opening of 2020 Olympics,’ Govertsen stated.