The MGM Springfield is one possible casino coming to Massachusetts in the near future; it got a thumbs up from local voters this week
This week that is past plenty of voting occurring across Massachusetts, including two key votes on proposed casino tasks in 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 came in the town of West Springfield, where there had been a proposition to create an $800 million tricky Rock casino. The casino had been likely to be one of the competitors that are key the Western Massachusetts casino license.
But that project ended up being dealt what could be a fatal blow on Tuesday, after the voters of western Springfield decided to reject the plan in a general public referendum. About 55% of voters here voted against the casino, with 4,165 coming away up against the project versus just 3,413 for it. The loss came as a surprise to many, while the campaign saw supporters associated with 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 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 proposition still needs to be voted on by residents, while the MGM plan was approved by Springfield voters.
Heavy Spending No Assistance
The western Springfield casino would have been built on the web site associated with the Eastern States Exposition, house towards the Big E the largest agricultural fair in New England. In early stages, it showed up as if Hard Rock had chance that is little overcome initial opposition to the project. That changed a little as the casino string spent nearly $1 million campaigning for the project and made promises about the amount of income they would bring in for western Springfield annually.
Ultimately, however, opposition groups could actually make their case better, therefore the project was soundly defeated. The victory had been regarded as a big victory for anti-casino teams across the state, all of which are poorly financed compared to their pro-casino opponents.
One other vote into the state could have had an even more surprising outcome. A plan to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of the vote in the town of Plainville. A total of 1,582 voters arrived on the scene in favor of the plan versus only 502 against.
The win capped a turnaround that is remarkable Plainridge. Simply last thirty days, state regulators determined that the track’s ownership group was unfit to compete for the solitary slots parlor license that was available. But Penn National produced last-minute move to purchase the track, taking over the slots parlor proposal as well. That was enough to satisfy the Gaming Commission, which offered their approval for the task.
Of course, not everybody was happy with 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 anticipate are not happening.’
The Plainville task will compete against racino proposals in Raynham and Leominster, though the Leominster project must still be approved by voters.
Along with these projects, there are additionally three applicants for a license in the better Boston area: a Foxwoods proposal in Milford, a Wynn Resorts casino task in Everett, and a Suffolk Downs project in East Boston. There’s also a license that is single in Southeastern Massachusetts, but as of yet, no developers have applied for a license for the reason 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 jai-alai frontons throughout their state. 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 form last week. The guidelines are made to eliminate a number that is growing of practices that are obviously outside of what the state intends to allow at such venues. Even though some of those new rules work, those in the industry say that numerous just show that regulators aren’t familiar enough with Florida’s gambling industry to help make such changes that are sweeping.
‘Some of those sound right,’ 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.’
One of 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 an idea that is good as ‘barrel racing’ and ‘flag-drop’ racing are seen by some operators in order to cheaply make payments that will also enable them to offer card spaces or slot machines alongside those races.
The new rules would help put a conclusion to such practices. They might bar ‘the racing animal to alter program in reaction to any obstacles regarding the racing surface’ and make sure that jockeys conform to uniform and weight demands that couldn’t be a problem 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 these rules could devastate the racing industry if they aren’t changed.
For example, the regulations that are new require that all races are in least six furlongs in total something which might 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 all together.
‘[The guideline that] no competition 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. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a century. I know they truly are in Tallahassee, but we’ve these plain 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 guideline that may cause races to be canceled as a result of minute that is last.
Jai-Alai would also be affected by the brand new regulations. For example, each location would be needed to possess eight players that are certified rotation. This rule comes in response to a debate at Ocala Poker and Jai-Alai, which started the 2012 period with just two players.
While there might be difficulties with the rules, unit director Leon Biegalski says there shouldn’t be a nagging problem, and that the workshops are made to help iron out these problems because of the industry’s assistance.
‘They’re draft rules. They’re a kick off point. We want to make sure that all of the permit holders and all the stake holders are on the exact same web page in terms of what the regulation is that’s out there and what must be out there,’ Biegalski said.
2020 Tokyo Summer Olympics Could Mean Gaming Industry Gold
Casino industry giants were most likely just like excited as these citizens that are japanese news for the 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 Tokyo that is newly-granted summer will be upon us. But athletes-in-training will not function as the only ones reaching for gold, since the casino that is worldwide may also be trying to produce what up until now has felt nearly insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time and energy to ride the tourism wave that people Tokyo games are bound to bring in. With Japan the last great untapped Asian gaming market, it’s a prize that numerous in the gaming industry are inspired to produce.
Could the Games be 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 country must find some 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 olympic season. To that end, two casinos that are possible the drawing boards, one in Tokyo and the other in Osaka, could make $10 billion in yearly gambling revenues, making them exactly the cash cows that the city has to pay its way. Japan gambling industry expert Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would be more compared to the $6.2 billion that the entire nevada Strip took in for 2012; so it ain’t chump change.
Those revenues would produce an estimated 10 percent per casino for Tokyo, not to ever point out additional licensing fees and local municipal fees. Govertsen told investors he could be bullish about the whole thing.
‘ We think the government should start thinking about incorporated resort development, at the very least in Tokyo, being a way to assist the related Olympics infrastructure visited fruition,’ he told investors following Tokyo games announcement. And Govertsen isn’t the only person who smells money in the Asian metropolis; lots of the 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 Websites
Term 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’s perhaps not the only person 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 for a basis that is daily have been spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everybody appears to want in on the potential Gold Rush of 2020.
‘Japan represents a historic opportunity for tourism expansion in a country with an incredibly rich social heritage,’ said 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 nearly couple of years, and both speaking about possible business alliances 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 could possibly be just the fire they require to bring the gambling cooking pot to a boil at final.
‘In the scenario of Tokyo, we think there would be significant federal government help to complete an integrated resort over time for the opening of 2020 Olympics,’ Govertsen said.