Massachusetts Swings Both real Ways with Casino Vote

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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 past week saw lots 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 bigger vote arrived in the town of West Springfield, where there had been a proposal to build an $800 million indian dreaming slot game Hard Rock casino. The casino was expected to be among the competitors that are key the Western Massachusetts casino license.

But that project had been dealt exactly what might be a fatal 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 against the project versus just 3,413 for this. The loss came as a surprise to many, once the campaign saw supporters associated with casino opponents that are drastically outspend.

That rejection narrows the competition for the casino that is sole in Western Massachusetts. During 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 proposal that could 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 Spending No Assistance

The western Springfield casino would have been built on the site for the Eastern States Exposition, home to your Big E the biggest agricultural fair in New England. Early, it showed up as though Hard Rock had little chance to overcome initial opposition to the task. That changed a little as the casino chain spent almost $1 million campaigning for the task and made promises about the quantity of revenue they would bring in for western Springfield yearly.

Ultimately, however, opposition groups were able to make their situation better, as well as the project was soundly defeated. The victory ended up being regarded as a big victory for anti-casino teams across the state, all of that are badly financed when comparing to their pro-casino opponents.

The other vote within the state might have had an even more result that is surprising. Into the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% regarding the vote. An overall total of 1,582 voters arrived on the scene 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 single slots parlor permit that was available. But Penn National made a move that is last-minute purchase the track, overtaking the slots parlor proposal as well. That was enough to match the Gaming Commission, which gave their approval for the task.

Needless to say, not everyone was delighted using the racino’s approval.

‘ The process isn’t working,’ said Mary-Ann Greanier, a known member of No Plainville Racino. ‘The safeguards we were told to expect aren’t occurring.’

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

Along with these projects, there are also three applicants for a license in 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 is also a solitary license available in Southeastern Massachusetts, but as of yet, no developers have used for a license for the reason that area.

Gambling Industry 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 their 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 part of attention is on pari-mutuel wagering: the betting that goes on at the state’s race tracks and frontons that are jai-alai the state. But industry insiders state that the very first draft of rules that have been proposed by state regulators simply 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 type last week. The guidelines were created to eliminate a number that is growing of techniques that are clearly outside of what the state intends to enable at such venues. And even though some of these new rules work, those in the industry say that many merely reveal that regulators aren’t familiar sufficient with Florida’s gambling industry to make 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 haven’t been thought out very well. One or two are pretty silly.’

One of the big areas covered in the draft rules is horse racing regulations designed to eradicate non-standard racing. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race were seen by some operators as a way to cheaply earn payments that will even allow them to supply card spaces or slot machines alongside those events.

The latest rules would help put a conclusion to practices that are such. They would bar ‘the rushing animal to alter course in reaction to any obstacles regarding the racing surface’ and make certain that jockeys conform to uniform and fat requirements that couldn’t be a problem for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

But the laws don’t stop there, and that is where some feel that the rules go wrong. According to Stirling, some among these rules could devastate the race industry if they aren’t changed.

For instance, the new regulations would need that all races are in least six furlongs in total something which might create sense if you’ve only seen the Triple Crown races or the Breeder’s Cup, but making no sense for the industry all together.

‘[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 within 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 truly are in Tallahassee, but we have these plain things called phones.’

He additionally objected to a rule that states that each race must have at the very least six horses a guideline that could cause races become canceled due to minute that is last.

Jai-Alai would additionally be affected by the regulations that are new. For example, each venue is needed to possess eight players that are certified rotation. This rule comes in response to a controversy at Ocala Poker and Jai-Alai, which began the 2012 season with just two players.

While there might be problems with the rules, division director Leon Biegalski says there shouldn’t be a issue, and that the workshops are made to help iron out these issues with the industry’s help.

‘They’re draft rules. They’re a starting place. We want to make sure that all of the permit holders and all the stake holders are on the page that is same terms of exactly what the regulation is that’s out there and what should be out there,’ Biegalski stated.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold

Casino industry giants were probably just like excited as these citizens that are japanese news of the Tokyo 2020 Summer Olympic Games.

It is hard to believe that 2020 is only seven years away, but that’s just how long we’ve before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training will not be the only ones reaching for gold, since the casino that is worldwide may also be trying to produce what up until now has seemed almost 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 last great untapped Asian gaming market, it’s a prize that numerous into the gaming industry are inspired to quickly attain.

Could the Games end up being the required Push?

Japan infamous for decades of foot dragging on 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 particular end, two feasible casinos on the drawing boards, one in Tokyo and the other in Osaka, could bring in $10 billion in annual gambling revenues, making them exactly the cash cows that the city has to pay its way. Japan industry that is gambling Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would be much more than the $6.2 billion that the entire 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 ever point out additional licensing fees and local municipal fees. Govertsen told investors he’s bullish about the whole thing.

‘ We think the federal government should consider incorporated resort development, at least in Tokyo, being a way to assist the associated Olympics infrastructure arrive at fruition,’ he told investors following Tokyo games announcement. And Govertsen isn’t the only person who smells profit the Asian metropolis; lots of the gaming industry’s biggest players made tracks to Tokyo as soon because they heard the announcement to see if they could scout out land for potential casino developments.

Industry Leaders Scouting Sites

Word is going that Sheldon Adelson’s Las Vegas Sands Corp. has its eye for 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 out some land. 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. Everybody generally seems to want in regarding the potential Gold Rush of 2020.

‘Japan represents an opportunity that is historic tourism expansion in a nation with an incredibly rich cultural heritage,’ 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 almost 2 yrs, and both speaking about feasible business alliances as well as testing the heat for legislative passage.

And even though Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics could possibly be simply the fire they need to bring the gambling pot to a boil at final.

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

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