The MGM Springfield is one feasible casino coming to Massachusetts in the longer term; it got a thumbs up from local voters this week
This week that is past a great amount of voting happening across Massachusetts, including two key votes on proposed casino tasks into 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 came in town of West Springfield, where there had been a proposal to create an $800 million Hard Rock casino. The casino was likely to be among the competitors that are key the Western Massachusetts casino license.
But that task was dealt what could be a deadly blow on Tuesday, after the voters of western 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 away against the project versus just 3,413 for this. The loss came as a surprise to many, since the campaign saw supporters associated with the casino drastically outspend opponents.
That rejection narrows the competition for the sole casino license in Western Massachusetts. At the moment, it would appear that only two candidates have a chance at that license: an MGM task in Springfield, and a Mohegan Sun proposition 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 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 showed up as though Hard Rock had little chance to overcome initial opposition to the task. That changed a little as the casino chain spent nearly $1 million campaigning for the project and made promises about the total amount of income they would make for western Springfield annually.
Ultimately, though, opposition teams were able to make their situation better, as well as the project was soundly defeated. The victory ended up being seen as a win that is big anti-casino teams across the state, all of that are badly financed when comparing to their pro-casino opponents.
One other vote into the state might 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 on the scene in favor of the master plan versus just 502 against.
The win capped a turnaround that is remarkable Plainridge. Just month that is last 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 move to purchase the track, taking over 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 everybody 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 taking place.’
The Plainville task 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 project in Everett, and a Suffolk Downs project in East Boston. There is 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 area.
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 betting rules.
In an attempt to reform their state’s gambling industry, Florida is working on several fronts towards clarifying and changing most 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 the state. But industry insiders say that the very first draft of rules that have actually 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 last week. The rules are designed to stop a growing number of questionable methods that are clearly outside of what the state intends to allow at such venues. And even though some of these new rules work, those into the industry say that numerous simply reveal that regulators aren’t familiar sufficient with Florida’s gambling industry to help make such sweeping changes.
‘Some of those sound right,’ stated Ken Stirling, executive director of the Florida Horsemen’s Benevolent and Protective Association. ‘ a number of them haven’t been thought out extremely well. One or two are pretty silly.’
One of many big areas covered in the draft rules is horse racing regulations designed to eradicate non-standard racing. Many in the industry agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race have now been seen by some operators in an effort to cheaply make payments that may also permit them to provide card rooms or slots alongside those races.
The newest rules would help put a conclusion to such practices. They would bar ‘the rushing animal to change program in response to any hurdles regarding 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 that is where some feel that the rules go incorrect. According to Stirling, some of those rules could devastate the racing industry if they aren’t changed.
For example, the regulations that are new need that most races are in minimum 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 which makes no sense for the industry all together.
‘[The rule that] no race must be smaller than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses racing in the summer time. ‘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’ve these things called phones.’
He additionally objected to a rule that states that each competition must have at least six horses a rule that could cause races become canceled as a result of last second scratches.
Jai-Alai would also be affected by the brand new regulations. For example, each location would be required to have 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 just two players.
While there may be difficulties with the rules, unit director Leon Biegalski says there shouldn’t be a nagging problem, and that the workshops are designed to help iron out these problems aided by the industry’s help.
‘They’re draft rules. They’re a starting place. We should make sure that all the license 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 should 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 Japanese citizens by news regarding the Tokyo 2020 Summer Olympic Games.
It’s difficult to believe that 2020 is just seven years away, but that’s how long we’ve before the newly-granted Tokyo Summer Olympics will be upon us. But athletes-in-training will not be the only ones reaching for silver, since the casino that is worldwide will also be attempting to produce what until recently has felt nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you 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 in the video gaming industry are motivated to accomplish.
Could the Games be the Needed Push?
Japan infamous for decades of foot dragging regarding 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 will be underwriting to create the venues and infrastructure necessary to host a season that is olympic. To that particular end, two casinos that are possible the drawing boards, one in Tokyo and the other in Osaka, could generate $10 billion in annual gambling revenues, making them exactly the cash cows that the city needs to pay its way. Japan gambling industry expert Grant Govertsen principal of Las Vegas-based Union Gaming Group says that amount would become more compared to $6.2 billion that the entire nevada Strip took in for 2012; so it ain’t chump change.
Those revenues would produce an estimated ten percent per casino for Tokyo, not to point out additional licensing fees 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 related Olympics infrastructure visited fruition,’ he told investors following the Tokyo games announcement. And Govertsen isn’t the only one who smells money in the Asian metropolis; many of the video 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 site, on an item of reclaimed land, and he is maybe 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 seems to be grossly exaggerated on a daily basis) have now been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody generally seems to want in regarding the potential Gold Rush of 2020.
‘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 a position that is extraordinary 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 business that is possible as well as testing the heat for legislative passage.
And even though 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 to a boil at last.
‘In the situation of Tokyo, we think there would be significant federal government support to lucky nugget casino montreal accomplish a built-in resort with time for the opening of 2020 Olympics,’ Govertsen said.