п»їMassach<span id="more-14956"></span>usetts Swings Both Ways with Casino Vote

The MGM Springfield is one feasible casino coming to Massachusetts in the near future; it got a thumbs up from local voters this week

This previous week saw an abundance of voting happening across Massachusetts, including two key votes on proposed casino tasks in the state. The results were split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The larger vote arrived in the city of West Springfield, where there was a proposal to construct an $800 million complex Rock casino. The casino ended up being expected to be among the key rivals for 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 referendum that is public. About 55% of voters there voted against the casino, with 4,165 coming down against the project versus just 3,413 for it. The loss came as a surprise to many, due to the fact campaign saw supporters associated with casino opponents that are drastically outspend.

That rejection narrows the competition for the sole casino license in Western Massachusetts. At the moment, it seems that only two candidates 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 nevertheless 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 web site regarding the Eastern States Exposition, house to the Big E the largest agricultural fair in New England. Early on, it showed up as though Hard Rock had chance that is little overcome initial opposition to the task. That changed a little as the casino string spent almost $1 million campaigning for the project making promises about the amount of revenue they would generate for western Springfield yearly.

Ultimately, however, opposition groups could actually make their instance better, while the task was soundly defeated. The victory was viewed as a win that is big anti-casino teams across the state, all of that are defectively financed in comparison with their pro-casino opponents.

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The other vote into the state could have had a much 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 arrived in favor of the master plan versus only 502 against.

The win capped a remarkable turnaround for Plainridge. Simply last thirty days, 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 produced move that is last-minute purchase the track, overtaking the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which gave their approval for the project.

Needless to say, 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 you may anticipate are not 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 solitary license available in Southeastern Massachusetts, but as of yet, no developers have used for a license in that region.

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 many of the rules that govern betting in the Sunshine State. One area 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 guidelines 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 were created to eliminate a number that is growing of methods that are obviously outside of what the state intends to enable at such venues. And even though a few of these new rules work, those in the industry say that numerous just show that regulators aren’t familiar sufficient with Florida’s gambling industry to help make such changes that are sweeping.

‘Some of those seem sensible,’ said Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ Some of them haven’t been thought out extremely well. One or two are pretty silly.’

Among the big areas covered in the draft rules is horse racing regulations designed to eradicate racing that is non-standard. Many in the industry consent that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing have already been seen by some operators in order to cheaply earn payments that will even permit them to supply card rooms or slots alongside those races.

The latest rules would help put an end to practices that are such. They would bar ‘the rushing animal to alter course in reaction to any hurdles in the surface that is racing and ensure that jockeys conform to uniform and fat needs that willn’t be a problem 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 those guidelines could devastate the racing industry if they aren’t changed.

For example, the regulations that are new need that all races have reached least six furlongs in length something which might create 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 as a whole.

‘[The guideline that] no race 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 child 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 plain things called phones.’

He also objected to a rule that states that every race must have at the very least six horses a rule that may cause races become canceled as a result of minute that is last.

Jai-Alai would additionally be affected by the new regulations. For instance, each venue is required to own eight certified players in rotation. This rule comes in response to a controversy at Ocala Poker and Jai-Alai, which started the 2012 season with only two players.

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

‘They’re draft rules. They’re a point that is starting. 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 what the regulation is that’s out there and what must certanly be out there,’ Biegalski stated.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold

Casino industry leaders were probably just like excited as these Japanese citizens by news associated with the Tokyo 2020 Summer Olympic Games.

It is difficult to think that 2020 is just seven years away, but that’s the length of time we have before the Tokyo that is newly-granted summer will be upon us. But athletes-in-training won’t end up being the only ones reaching for gold, since the global casino industry is likewise trying to accomplish what up until now has felt very nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time to ride the tourism revolution that those Tokyo games are bound to bring in. With Japan the past great untapped Asian video gaming market, it’s a prize that many into the gaming industry are inspired to accomplish.

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 in order to make it all happen too; the island nation must find some way to foot the expected $1.53 billion bill they are going to be underwriting to create the venues and infrastructure necessary to host A olympic season. Compared to that end, two casinos that are possible the drawing boards, one in Tokyo and the 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 states that amount would become more compared to $6.2 billion that the whole nevada Strip took in for 2012; so it ain’t chump change.

Those profits would produce an estimated 10 percent per casino for Tokyo, to not point out licensing that is additional and local municipal fees. Govertsen told investors he’s bullish about all of it.

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

Industry Leaders sites that are scouting

Word has gone out that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on a Tokyo Bay web site, on an item of reclaimed land, and he is perhaps not the only one 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 appears 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 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 entire country’s tourism and entertainment industry.’ Feldman says MGM has been monitoring happenings in Japan for nearly two years, and both talking about feasible business alliances also testing the heat for legislative passage.

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

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

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