Massachusetts Swings Both Ways with Casino Vote

The MGM Springfield is one casino that is possible to Massachusetts in the long run; it got a thumbs up from local voters this week

This week that is past an abundance of voting occurring 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 the city of West Springfield, where there had been a proposal to construct an $800 million tough Rock casino. The casino was expected to be among the key competitors for the Western Massachusetts casino license.

But that project ended up being dealt just what could be a fatal blow on Tuesday, after the voters of West 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 from the project versus just 3,413 for this. The loss came as a surprise to many, since the campaign saw supporters for the casino opponents that are drastically outspend.

That rejection narrows the competition for the sole casino license in Western Massachusetts. At the brief moment, it appears that only two applicants have a chance at that permit: an MGM project in Springfield, and a Mohegan Sun proposition 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 western Springfield casino would have been built on the site of the Eastern States Exposition, home to the Big E the largest agricultural fair in New England. In the beginning, it appeared as if Hard Rock had little chance to overcome initial opposition to the task. That changed a little as the casino string spent nearly $1 million campaigning for the task making promises about the amount of income they would bring in for West Springfield annually.

Ultimately, however, opposition groups were able to make their instance better, therefore the project was soundly defeated. The victory had been regarded as a win that is big anti-casino groups across the state, all of which are badly financed when comparing to their pro-casino opponents.

One other vote within the state may have had an even more result that is surprising. A plan to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of the vote in the town of Plainville. A total of 1,582 voters arrived in support of the master plan versus just 502 against.

The win capped a remarkable turnaround for Plainridge. Simply month that is last state regulators determined that the track’s ownership group was unfit to compete for the solitary slots parlor permit which 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 provided their approval for the task.

Of course, not everybody was pleased with all the racino’s approval.

‘ The process isn’t working,’ said Mary-Ann Greanier, a member 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 additionally three applicants for a license within the better Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino task in Everett, and a Suffolk Downs project in East Boston. 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 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 effort to reform their state’s gambling industry, Florida is working on several fronts towards clarifying and changing lots 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 say that the first draft of rules that have been proposed by state regulators merely 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 type final week. The guidelines are designed to stop a growing number of questionable techniques that are obviously outside of what the state intends to allow at such venues. And while many of these new rules work, those within the industry say that many simply show that regulators aren’t familiar enough with Florida’s gambling industry to create such changes that are sweeping.

‘Some of those seem sensible,’ 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.’

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 clear idea, as ‘barrel racing’ and ‘flag-drop’ race happen seen by some operators in an effort to cheaply earn payments that may also enable them to provide card rooms or slots alongside those races.

This new rules would help put a conclusion to practices that are such. They’d bar ‘the racing animal to change course in response to any hurdles in the racing surface’ and make sure that jockeys conform to uniform and fat demands that couldn’t be an issue for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

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

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

‘[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 child races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they’re in Tallahassee, but we’ve these things called phones.’

He also objected to a rule that states that each competition must have at the least six horses a guideline that could cause races become canceled as a result of eleventh hour scratches.

Jai-Alai would also be affected by the regulations that are new. For example, each location will be needed to possess 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 just two players.

While there could be problems with the rules, unit director Leon Biegalski says there shouldn’t be considered a problem, and that the workshops are designed to help iron out these issues with all the industry’s help.

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

2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold

Casino industry leaders were most likely just like excited as these Japanese citizens by news of this Tokyo 2020 Summer Olympic Games.

It is hard to believe that 2020 is just seven years away, but that’s the length of time we’ve 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, because the casino that is worldwide is likewise trying to accomplish what until recently has felt nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time and energy to drive the tourism revolution that people Tokyo games are bound to bring in. With Japan the final great untapped Asian gaming market, it’s a prize that numerous into the gaming industry are inspired to accomplish.

Could the Games end up being the required drive?

Japan infamous for decades of foot dragging on the legal casino issue now has extra motivation to make it all happen too; the island nation must find a way to foot the expected $1.53 billion bill they’ll be underwriting to produce the venues and infrastructure necessary to host A olympic season. To that particular end, two casinos that are possible the drawing boards, one in Tokyo and one other in Osaka, could make $10 billion in annual gambling revenues, making them exactly the cash cows that the city needs to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would become more compared to the $6.2 billion that the entire nevada Strip took set for 2012; so it ain’t chump change.

Those revenues would produce an estimated 10 percent per casino for Tokyo, not to mention additional licensing fees and local municipal fees. Govertsen told investors he is bullish about the whole thing.

‘ We think the government should consider incorporated resort development, at the least in Tokyo, as being a means to help the related Olympics infrastructure visited fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; many of the 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 Sites

Word is going that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on 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 whom’s death is apparently grossly exaggerated on a basis that is daily were spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone appears 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 social heritage,’ said MGM Resorts Executive Vice President Alan Feldman. ‘Tokyo is in an extraordinary position to 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 feasible business alliances as well as testing the temperature for legislative passage.

And while Japan was not noted for moving quickly in this arena, the 2020 Tokyo Olympics could possibly be just the fire they want to create the gambling pot to a boil at final.

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