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 lots of voting taking place across Massachusetts, including two key votes on proposed casino projects into the state. The outcomes had been split, giving both casino proponents and their opponents something to crow about.
The bigger vote arrived in town of West Springfield, where there was a proposal to create an $800 million Hard Rock casino. The casino was expected to be one of the key competitors for the Western Massachusetts casino license.
But that project was dealt just what could possibly be a deadly blow on Tuesday, after the voters of West Springfield decided to reject the plan in a general public referendum. About 55% of voters there voted against the casino, with 4,165 coming away contrary to the project versus just 3,413 for this. The loss came as a surprise to many, as the campaign saw supporters associated with the casino opponents that are drastically outspend.
That rejection narrows the competition for the sole casino license in Western Massachusetts. During the moment, it seems that only two applicants have actually a chance at that license: an MGM project in Springfield, and a Mohegan Sun proposal that could be located in Palmer. The Palmer proposition still needs to be voted on by residents, while the MGM plan was approved by Springfield voters.
The West Springfield casino would have been constructed on the site of this Eastern States Exposition, house towards the Big E the biggest agricultural fair in New England. In early stages, it appeared as if Hard Rock had little chance to overcome initial opposition to the task. That changed a little as the casino chain invested almost $1 million campaigning for the project and made promises about the quantity of income they would make for West Springfield yearly.
Ultimately, though, opposition groups could actually make their situation better, and the project was soundly defeated. The victory was viewed as a big victory for anti-casino groups across the state, all of which are defectively financed compared to their pro-casino opponents.
The other vote in the state could have had an even more surprising outcome. Into the town of Plainville, an idea to develop a slot parlor at Plainridge Racecourse was overwhelming approved with 76% of the vote. A total of 1,582 voters arrived on the scene in support 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 produced last-minute go on to purchase the track, overtaking the slots parlor proposal as well. That was enough to match the Gaming Commission, which offered their approval for the project.
Of course, not everyone was happy utilizing 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 anticipate are not taking place.’
The Plainville task will compete against racino proposals in Raynham and Leominster, though the Leominster project must be approved by still 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 is 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.
Parimutuel wagering and jai-alai are getting the focus as Florida reviews its racetrack and rules that are betting.
In an effort to reform the 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 hawaii. But industry insiders state that the first draft of guidelines that have actually been proposed by state regulators just won’t work.
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 are designed to stop a growing number of questionable techniques that are obviously outside of what the state intends to enable at such venues. And while several of those new rules work, those into the industry say that numerous simply reveal that regulators aren’t familiar enough with Florida’s gambling industry to produce such changes that are sweeping.
‘Some of them sound right,’ stated Ken Stirling, executive director of the Florida Horsemen’s Benevolent and defensive Association. ‘ Some of them have actuallyn’t been thought out really well. One or two are pretty silly.’
One of the big areas covered in the draft guidelines is horse racing regulations designed to expel racing that is non-standard. Many in the industry consent that this is a good idea, as ‘barrel racing’ and ‘flag-drop’ racing are seen by some operators in an effort to cheaply earn payments that may also enable them to supply card spaces or slots alongside those races.
The latest rules would help put a conclusion to such practices. They’d bar ‘the racing animal to alter course in reaction to any hurdles in the racing surface’ and make sure that jockeys conform to uniform and fat needs that willn’t be an issue for legitimate racing operations.
But the laws don’t stop there, and this is where some feel that the rules go wrong. According to Stirling, some of those guidelines could devastate the race industry if they aren’t changed.
For instance, the new regulations would require that most races are in least six furlongs in total something that might create 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 guideline that] no competition must be faster than…six furlongs…is a killer,’ Stirling said, noting that such races would be too long for two-year-old horses racing into 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 also objected to a rule that states that each race must have at least six horses a rule that may cause races to be canceled as a result of eleventh hour scratches.
Jai-Alai would additionally be affected by the brand new regulations. For instance, each place is 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 only two players.
While there could be issues with the rules, unit director Leon Biegalski says there shouldn’t be described as a problem, and that the workshops are made to help iron out these issues because of the industry’s help.
‘They’re draft rules. They’re a point that is starting. We want to make sure that all of the permit holders and all sorts of the stake holders are on the same page in terms of what the regulation is that’s around and what is out there,’ Biegalski stated.
Casino industry giants were most likely just as excited as these Japanese citizens by news associated with the Tokyo 2020 Summer Olympic Games.
It is hard 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 end up being the only ones reaching for silver, as the worldwide casino industry may also be trying to achieve what until recently has seemed almost insurmountable: getting legal casinos sanctioned, developed, built, and up and running in time for you to drive the tourism wave that people Tokyo games are bound to bring in. With Japan the very last great untapped gaming that is asian, it’s a prize that lots of into the gaming industry are motivated to achieve.
Japan infamous for decades of foot dragging regarding the legal casino issue now has extra casino-bonus-free-money.com motivation to help make it all happen too; the island nation must find some way to foot the expected $1.53 billion bill they’ll be underwriting to create the venues and infrastructure necessary to host A olympic season. To that end, two feasible casinos on the drawing boards, one in Tokyo and one 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 claims that amount would be more than the $6.2 billion that the whole vegas Strip took in for 2012; so it ain’t chump change.
Those revenues would produce an estimated 10 percent per casino for Tokyo, never to mention additional licensing fees and local municipal fees. Govertsen told investors he’s bullish about the whole thing.
‘ We think the government should consider incorporated resort development, at least in Tokyo, being a methods to assist the relevant Olympics infrastructure visited fruition,’ he told investors after the Tokyo games announcement. And Govertsen isn’t the only person who smells profit the Asian metropolis; many of the video 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.
Word is going that Sheldon Adelson’s Las Vegas Sands Corp. has its eye on a Tokyo Bay site, on a piece of reclaimed land, and he is 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 seems to be grossly exaggerated on a basis that is daily were 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 window of opportunity for tourism expansion in a nation with an incredibly rich social history,’ 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 couple of years, and both discussing business that is possible also testing the heat for legislative passage.
Even though Japan wasn’t noted for moving quickly in this arena, the 2020 Tokyo Olympics might be just the fire they want to create the gambling cooking pot to a boil at final.
‘In the truth of Tokyo, we think there would be government that is significant to accomplish an integral resort over time for the opening of 2020 Olympics,’ Govertsen said.