The MGM Springfield is one casino that is possible to Massachusetts in the near future; it got a thumbs up from local voters this week
This past week saw a good amount of voting occurring 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 town of West Springfield, where there had been a proposition to build an $800 million tricky Rock casino. The casino had been expected to be among the competitors that are key the Western Massachusetts casino license.
But that task ended up being dealt exactly what might be a fatal blow on Tuesday, after the voters of West Springfield decided to reject the plan in a public referendum. About 55% of voters here voted against the casino, with 4,165 coming out up against the project versus just 3,413 for it. The loss came as a surprise to many, because the campaign saw supporters associated with casino drastically outspend opponents.
That rejection narrows the competition for the sole casino license in Western Massachusetts. During the moment, it seems that only two applicants have actually a chance at that license: an MGM task in Springfield, and a Mohegan Sun proposal that would be located in Palmer. The Palmer proposal still needs to be voted on by residents, while the MGM plan was approved by Springfield voters.
Heavy Spending No Assistance
The West Springfield casino would have been built on the site associated with the Eastern States Exposition, house towards the Big E the biggest agricultural fair in New England. In early stages, it appeared as though 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 and made promises about the amount of income they would generate for western Springfield yearly.
Ultimately, however, opposition teams were able to make their instance better, and the project was soundly defeated. The victory ended up being seen as a win that is big anti-casino groups across the state, all of that are poorly financed in comparison to their pro-casino opponents.
One other vote within the state may have had a far more result that is surprising. In the town of Plainville, an agenda to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% associated with vote. An overall total of 1,582 voters came out in favor of the plan versus only 502 against.
The win capped a remarkable turnaround for Plainridge. Just last thirty days, state regulators determined that the track’s ownership group was unfit to compete for the single slots parlor permit that has been available. But Penn National made a last-minute go on to purchase the track, overpowering the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which offered their approval for the task.
Needless to say, not everyone was pleased with all 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 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 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 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 part 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 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 guidelines are made to stop a number that is growing of techniques that are clearly outside of what the state intends to allow at such venues. And even though a few of these new rules work, those within the industry say that many merely show that regulators aren’t familiar sufficient with Florida’s gambling industry in order to make such sweeping changes.
‚Some of those make sense,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‚ Some of them have actuallyn’t been thought out extremely well. One or two are pretty silly.’
One of the big areas covered in the draft guidelines is horse racing regulations designed to eliminate racing that is non-standard. Many in the industry consent that this is an idea that is good as ‚barrel racing’ and ‚flag-drop’ race are seen by some operators in order to cheaply earn payments that will even enable them to supply card rooms or slot machines alongside those events.
This new rules would help put an end to practices that are such. They’d bar ‚the racing animal to alter program in reaction to any obstacles in the surface that is racing and make certain that jockeys conform to uniform and weight needs that willn’t be an issue for legitimate racing operations.
Disagreement Over Acceptable Race Lengths
But the regulations 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 race industry if they aren’t changed.
For example, the regulations that are new need that most races have reached least six furlongs in total something which will make 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 rule 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 rushing in the summer. ‚That’s silly. We run baby races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they truly are in Tallahassee, but we have these things called phones.’
He additionally objected to a rule that states that every battle must have at the very least six horses a rule which could cause races become canceled because of eleventh hour scratches.
Jai-Alai would also be affected by the regulations that are new. For example, each location would be required to have eight players that are certified rotation. This rule comes in response to a debate at Ocala Poker and Jai-Alai, which started the 2012 season with only two players.
While there might be difficulties with the rules, division director Leon Biegalski says there shouldn’t be a problem, and that the workshops are designed to help iron out these issues with the industry’s help.
‚They’re draft rules. They’re a point that is starting. You want to make sure that most of the license holders and all sorts of the stake holders are on the page that is same terms of just what the regulation is that’s around and what must certanly be out there,’ Biegalski said.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold
Casino industry giants were most likely just as excited as these citizens that are japanese news of this Tokyo 2020 Summer Olympic Games.
It’s hard to believe that 2020 is just seven years away, but that’s the length of time we have before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training won’t function as the only ones reaching for gold, since the global casino industry is likewise trying to accomplish what up until now has seemed nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating 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 Asian gaming market, it’s a prize that numerous into the video gaming industry are motivated to attain.
Could the Games be the required drive?
Japan infamous for decades of foot dragging on the legal casino issue now has extra motivation to produce it all happen too; the island country must find some 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 possible casinos on the drawing boards, one in Tokyo and the other in Osaka, could make $10 billion in annual gambling revenues, making them exactly the money cows that the town needs to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would be much more compared to $6.2 billion that the entire Las vegas, nevada Strip took set for 2012; so it ain’t chump change.
Those revenues would produce an estimated 10 % per casino for Tokyo, not 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 consider incorporated resort development, at least in Tokyo, as a methods to help the relevant Olympics infrastructure come to fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only person who smells money in the Asian metropolis; lots of the video 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 sites that are scouting
Word is out that Sheldon Adelson’s Las Vegas Sands Corp. has its attention for a Tokyo Bay site, on a bit of reclaimed land, and he’s perhaps not the only person riding his 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 seems to be 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 generally seems to want in on the Gold Rush that is potential of.
‚Japan represents a historic opportunity for tourism expansion in a country with an incredibly rich social history,’ stated 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 pretty much 2 yrs, and both talking about business that is possible in addition to testing the temperature for legislative passage.
And while Japan was not noted for moving quickly in this arena, the 2020 Tokyo Olympics might be simply the fire they require to create the gambling cooking pot to a boil at last.
‚In the situation of Tokyo, we think there would be government that is significant to complete an integral resort over time for the opening of 2020 Olympics,’ Govertsen stated.