Massach<span id="more-15067"></span>usetts Swings Both real Ways with Casino Vote

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

This previous week saw plenty of voting occurring across Massachusetts, including two key votes on proposed casino projects in the state. The outcomes were split, giving both casino proponents and their opponents something to crow about.

Hard Rock Hits the Skids

The larger vote came in the town of West Springfield, where there was a proposal to build an $800 million tricky Rock casino. The casino ended up being expected to be among the competitors that are key the Western Massachusetts casino license.

But that task ended up being dealt exactly what could 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 there voted against the casino, with 4,165 coming down contrary to the project versus just 3,413 for this. The loss came as a surprise to many, once the campaign saw supporters regarding the casino drastically outspend opponents.

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 license: an MGM task in Springfield, and a Mohegan Sun proposition 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 Investing No Assistance

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

Ultimately, though, opposition teams could actually make their instance better, while the task was soundly defeated. The victory was viewed as a big victory for anti-casino teams across the state, all of that are badly financed when compared to their pro-casino opponents.

The other vote in the state may have had a far more surprising result. Within 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 arrived in favor of the master plan versus just 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 license that has been available. But Penn National made a last-minute relocate to purchase the track, overpowering the slots parlor proposal as well. That was enough to fulfill the Gaming Commission, which gave their approval for the project.

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

‘ The procedure isn’t working,’ said Mary-Ann Greanier, a member of No Plainville Racino. ‘The safeguards we were told you may anticipate aren’t happening.’

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 into the Greater Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino project in Everett, and a Suffolk Downs project in East Boston. There’s also a license that is single in Southeastern Massachusetts, but at the time of yet, no developers have applied for a license in 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 rules that are betting.

In an attempt to reform the 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 jai-alai frontons throughout hawaii. But industry insiders state that the first draft of rules that have actually been proposed by state regulators just 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 kind last week. The guidelines were created to eliminate a number that is growing of techniques that are obviously outside of what the state intends to enable at such venues. And while many of these new rules work, those in the industry say that many simply show that regulators aren’t familiar sufficient with Florida’s gambling industry to produce such changes that are sweeping.

‘Some of those seem sensible,’ stated 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.’

Among the big areas covered in the draft guidelines is horse racing regulations designed to eradicate non-standard racing. Many in the industry consent that this is a good idea, as ‘barrel racing’ and ‘flag-drop’ racing have already been seen by some operators in an effort to cheaply make payments that may also allow them to supply card spaces or slot machines alongside those races.

The brand new rules would help put an end to practices that are such. They would bar ‘the rushing animal to improve program in response to virtually any hurdles on the surface that is racing and make certain that jockeys conform to uniform and fat demands that wouldn’t be an issue for legitimate racing operations.

Disagreement Over Acceptable Race Lengths

But the regulations don’t stop there, and that’s where some feel that the rules go wrong. According to Stirling, some of those rules could devastate the race industry if they aren’t changed.

For instance, the regulations that are new require that all races are at least six furlongs in length something that will make sense in the event that you’ve only seen the Triple Crown races or the Breeder’s Cup, but making no sense for the industry as a whole.

‘[The rule that] no competition 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 into the summer. ‘That’s silly. We run infant races at 4.5 furlongs and we’ve been doing it for a 100 years. I know they’re in Tallahassee, but we have these plain things called phones.’

He also objected to a rule that states that each and every race must have at the very least six horses a guideline which could cause races become canceled as a result of last second scratches.

Jai-Alai would also be affected by the new regulations. For example, each location will be required 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 only two players.

While there could be difficulties with the rules, division director Leon Biegalski says there shouldn’t be described as a problem, and that the workshops were created to help iron out these issues utilizing the industry’s assistance.

‘They’re draft rules. They’re a point that is starting. You want to make sure that all the permit holders and all sorts of the stake holders are on the page that is same terms of just what the regulation is that’s out there and what must certanly be out there,’ Biegalski said.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

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

It’s hard to believe that 2020 is only seven years away, but that’s how long 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 silver, because the casino that is worldwide may also be trying to produce what up until now has seemed very nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time and energy to ride the tourism revolution that people Tokyo games are bound to bring in. With Japan the final great untapped Asian video gaming market, it’s a prize that numerous into the gaming industry are inspired to produce.

Could the Games be the Needed drive?

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 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 one other in Osaka, could generate $10 billion in yearly 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 says that amount club player casino withdrawal would become more than the $6.2 billion that the entire vegas Strip took set for 2012; so it ain’t chump change.

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

‘ We think the government should start thinking about integrated resort development, at least in Tokyo, as being a means to assist the relevant Olympics infrastructure arrive at 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 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

Term is going that Sheldon Adelson’s Las Vegas Sands Corp. has its eye for a Tokyo Bay web site, on an item of reclaimed land, and he is perhaps 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 who’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. Everybody seems to want in on the Gold Rush that is potential of.

‘Japan represents a historic chance for tourism expansion in a country with an incredibly rich social heritage,’ stated 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 business that is possible along with testing the heat for legislative passage.

And even though Japan was not noted for moving quickly in this arena, the 2020 Tokyo Olympics could be simply the fire they need to create the gambling cooking pot up to a boil at last.

‘In the truth of Tokyo, we think there would be government that is significant to accomplish a built-in resort with time for the opening of 2020 Olympics,’ Govertsen stated.