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 an abundance of voting happening across Massachusetts, including two key votes on proposed casino tasks 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 arrived in the town of West Springfield, where there was a proposal to build an $800 million intense Rock casino. The casino had been likely to be one of many competitors that are key the Western Massachusetts casino license.
But that project ended up being dealt just what could possibly 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 out against the project versus just 3,413 for this. The loss came as a surprise to many, while the campaign saw supporters of the casino opponents that are drastically outspend.
That rejection narrows the competition for the sole casino license in Western Massachusetts. During the moment, it would appear that only two applicants have a chance at that permit: an MGM project in Springfield, and a Mohegan Sun proposition that would 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 constructed on the web site of this Eastern States Exposition, home towards the Big E the biggest agricultural fair in New England. In early stages, 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 invested almost $1 million campaigning for the task and made promises about the amount of revenue they would generate for West Springfield yearly.
Ultimately, though, opposition teams could actually make their instance better, and also the project was soundly defeated. The victory had been seen as a win that is big anti-casino teams across the state, all of that are badly financed in comparison with their pro-casino opponents.
The other vote within the state might 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. 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. Simply month that is last 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, taking over the slots parlor proposal as well. That was enough to match the Gaming Commission, which provided their approval for the project.
Of course, not everyone was happy with 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 expect aren’t taking place.’
The Plainville project will compete against racino proposals in Raynham and Leominster, though the Leominster project must still be approved by 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’s also a license that is single in Southeastern Massachusetts, but at the time of yet, no developers have applied for a license for the reason that region.
Gambling Industry 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 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 their state. But industry insiders state that the very first draft of rules that have been proposed by state regulators merely 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 week that is last. The rules were created to eliminate a growing number of questionable techniques that are demonstrably 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 merely reveal that regulators aren’t familiar sufficient with Florida’s gambling industry to help make such sweeping changes.
‘Some of those sound right,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and Protective 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 expel non-standard racing. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing are seen by some operators in an effort to cheaply make payments that will also permit them to provide card spaces or slot machines alongside those events.
This new rules would help put a conclusion to such practices. They would bar ‘the racing animal to improve program in reaction to any hurdles regarding the surface that is racing and make sure that jockeys conform to uniform and fat needs that couldn’t be a problem 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 among these guidelines could devastate the racing industry if they aren’t changed.
As an example, the new regulations would require that all races are in least six furlongs in length a thing that might make sense if 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 guideline 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 into 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’re in Tallahassee, but we have these things called phones.’
He also objected to a rule that states that each and every battle must have at the very least six horses a rule that may cause races become canceled because of last second scratches.
Jai-Alai would also be affected by the regulations that are new. For example, each place will be needed to have eight certified players in rotation. This rule comes in response to a controversy at Ocala Poker and Jai-Alai, which began the 2012 period with just two players.
While there may be problems with the rules, division director Leon Biegalski says there shouldn’t be described as a nagging issue, and that the workshops were created to help iron out these problems aided by the industry’s assistance.
‘They’re draft rules. They’re a kick off point. You want to make sure that all 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 be out there,’ Biegalski stated.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver
Casino industry leaders were probably just like excited as these Japanese citizens by news of the Tokyo 2020 Summer Olympic Games.
It is hard to believe that 2020 is just seven years away, but that’s just how long we’ve before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training won’t function as the only ones reaching for silver, because the casino that is worldwide will also be trying to produce what up until now has felt 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 final great untapped Asian video gaming market, it’s a prize that lots of into the gaming industry are inspired to attain.
Could the Games be the Needed Push?
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 are going to be underwriting to produce the venues and infrastructure necessary to host a season that is olympic. Compared to that 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 money cows that the city needs to pay its way. Japan gambling industry specialist Grant Govertsen principal of Las Vegas-based Union Gaming Group claims that amount would be more than 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 % per casino for Tokyo, to not 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 very least in Tokyo, being a means to help the associated Olympics infrastructure come to fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only one who smells profit the Asian metropolis; lots of the video gaming industry’s biggest players made tracks to Tokyo just as they heard the statement to see if they could scout out land for potential casino developments.
Industry Leaders Scouting Sites
Word is out that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on a Tokyo Bay web site, on zeus slot emulator an item of reclaimed land, and he’s maybe not the only person 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) are 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 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 pretty much 2 yrs, and both discussing business that is possible in addition to testing the heat for legislative passage.
And while Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics might be just the fire they need to create the gambling pot up to a boil at last.
‘In the way it is of Tokyo, we think there would be significant federal government support to accomplish an integral resort in time for the opening of 2020 Olympics,’ Govertsen said.