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Massachusetts Swings Both real Ways with Casino Vote

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 previous week saw a good amount of voting taking place across Massachusetts, including two key votes on proposed casino tasks within the state. The results 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 city of West Springfield, where there had been a proposition to build an $800 million intense Rock casino. The casino had been expected to be one of the competitors that are key the Western Massachusetts casino license.

But that task ended up being dealt just what could possibly 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 out contrary to the project versus just 3,413 for it. The loss came as a surprise to many, once the campaign saw supporters for the casino opponents that are drastically outspend.

That rejection narrows the competition for the sole casino license in Western Massachusetts. At the brief moment, it appears that only two applicants have actually a chance at that permit: an MGM task in Springfield, and a Mohegan Sun proposal that might 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 western Springfield casino would have been built on the site regarding the Eastern States Exposition, house to your Big E the biggest agricultural fair in New England. In early stages, it appeared as though Hard Rock had little chance to overcome initial opposition to the task. That changed a bit as the casino chain spent nearly $1 million campaigning for the project making promises about the total amount of revenue they would make for western Springfield annually.

Ultimately, though, opposition groups had the ability to make their case better, plus the task was soundly defeated. The victory was viewed as a win that is big anti-casino groups across the state, all of that are defectively financed in comparison with their pro-casino opponents.

The other vote in the state could have had an even more result that is surprising. Into the town of Plainville, an idea to develop a slot parlor at Plainridge Racecourse was overwhelming authorized with 76% associated with the vote. An overall total of 1,582 voters came out in favor king of the nile pokie 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 which was 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 satisfy the Gaming Commission, which provided their approval for the project.

Needless to say, not everyone was delighted because of 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 are not occurring.’

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 single permit available in Southeastern Massachusetts, but at the time of yet, no developers have used for a license for the reason that region.

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 rules that are betting.

In an attempt 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 part of attention is on pari-mutuel wagering: the betting that goes on at the state’s race tracks and frontons that are jai-alai their state. But industry insiders say that the very first draft of rules that have actually 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 stop a number that is growing of methods that are demonstrably outside of what the state intends to enable at such venues. Even though some of these new rules work, those in the industry say that numerous simply show that regulators aren’t familiar enough with Florida’s gambling industry to create such changes that are sweeping.

‘Some of them make sense,’ stated Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ Some of them have actuallyn’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 agree that this is an idea that is good as ‘barrel racing’ and ‘flag-drop’ race have been seen by some operators as a way to cheaply make payments that may also allow them to provide card spaces or slot machines alongside those races.

This new rules would help put an end to practices that are such. They might bar ‘the rushing animal to alter program in reaction to any hurdles regarding the surface that is racing and ensure 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 is where some feel that the rules go incorrect. According to Stirling, some among these rules could devastate the racing industry if they aren’t changed.

For instance, the new regulations would require that all races are in least six furlongs in length something which will 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 as a whole.

‘[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 within the summer time. ‘That’s silly. We run child races at 4.5 furlongs and we’ve been doing it for a hundred years. I know they are in Tallahassee, but we’ve these things called phones.’

He additionally objected to a rule that states that each race must have at the very least six horses a guideline that could cause races become canceled due to eleventh hour scratches.

Jai-Alai would also be affected by the regulations that are new. For instance, each venue will be needed to own 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 only two players.

While there may be issues with the rules, division director Leon Biegalski says there shouldn’t be considered a problem, and that the workshops are made to help iron out these problems using the industry’s help.

‘They’re draft rules. They’re a point that is starting. We should make sure that all the permit holders and all the stake holders are on the page that is same terms of what the regulation is that’s around and what should really be out there,’ Biegalski said.

2020 Tokyo Summer Olympics Could Mean Gaming Industry Silver

Casino industry leaders were probably just as excited as these Japanese residents by news of this Tokyo 2020 Summer Olympic Games.

It is difficult 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 will not function as the only ones reaching for gold, because the global casino industry may also be attempting to produce what up until now has seemed almost insurmountable: getting legal casinos sanctioned, developed, built, and up and operating in time and energy to drive the tourism revolution that those Tokyo games are bound to bring in. With Japan the very last great untapped gaming that is asian, it’s a prize that numerous within the gaming industry are inspired to obtain.

Could the Games be the required Push?

Japan infamous for decades of foot dragging on the legal casino issue now has extra motivation to create 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 season that is olympic. Compared to that end, two feasible casinos on the drawing boards, one in Tokyo and one other in Osaka, could generate $10 billion in yearly gambling revenues, making them exactly the bucks cows that the city has to pay its way. Japan industry that is gambling Grant Govertsen principal of Las Vegas-based Union Gaming Group states that amount would become more than the $6.2 billion that the entire Las Vegas Strip took set for 2012; so it ain’t chump change.

Those revenues would produce an estimated 10 % per casino for Tokyo, never to mention additional licensing fees and local municipal fees. Govertsen told investors he’s bullish about all of it.

‘ We think the national federal government should consider incorporated resort development, at the least in Tokyo, as a way to assist the associated Olympics infrastructure arrived at 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 gaming industry’s biggest players made tracks to Tokyo just while they heard the announcement to see if they might scout out land for potential casino developments.

Industry Leaders Scouting Websites

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’s perhaps not alone riding their 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 seems to be grossly exaggerated for a basis that is daily were spotted in Japan, as has overseas industry giants SJM and Melco Crown Entertainment. Everyone seems to want in on the potential Gold Rush of 2020.

‘Japan represents a historic window of opportunity for tourism expansion in a nation 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 whole nation’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 temperature for legislative passage.

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

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