Proceed to Repeal Massachusetts Casino Law Gaining Some Traction

 Proceed to Repeal Massachusetts Casino Law Gaining Some Traction

A map showing the three Massachusetts regions where casino licenses can theoretically be granted. Some voters want this statutory law repealed now.

Nobody within the continuing state of Massachusetts doubts that the folks here like to gamble. However, there appears to be a certain disconnect between that fact and the results of current referendums, in which voters have already been rejecting casinos left and right across the state. The message seems become that gambling enterprises are okay as long as they have beenn’t located inside their own backyard.

Perhaps Not Near Me Personally

Also Governor Deval Patrick has said that he wouldn’t want a casino in his hometown of Richmond, while State House Speaker Robert DeLeo says he’d vote against one in Winthrop. Mind you, both are theoretically in benefit of expanded gambling into the state just as long as it doesn’t land their current address.

But some anti-casino advocates are reading these votes in another way. They’ve said all along that gambling enterprises are harmful to communities and the state as a whole, and they want to prevent the casino expansion before it even gets started. Not long ago, a group of selectmen from four Massachusetts towns created the MetroWest Anti-Casino Coalition, friends that became focused on repealing the casino legislation and stopping any gambling enterprises whatsoever from being integrated their state; they now state their work has had such an impact that the group has served its purpose and will disband soon.

‘How would you reconcile the legislation that allows this with revolution after wave of rejection?’ asked Jay Marsden, a selectman from Holliston. ‘i don’t know how the legislation gets matched up with the known fact that basically no one wants to just take the plunge and take everything that goes along with saying ‘yes’ to at least one of these things.’

Another team known as Repeal the Casino Deal has been working for weeks to collect signatures in order to put the concern of repealing the casino deal on the 2014 election ballot that is statewide. They say that they’ve collected significantly more than 90,000 signatures, far more than the 68,911 needed to present before early next month in order to have the question on the ballot.

‘This huuuge app has become a huge grassroots effort,’ said group spokesman David Guarino. ‘ After the East Boston and Palmer votes, a huge selection of new volunteers signed up, and donations started to come in, so we had the ability to pay some people to gather signatures.’

Signatures Are Certifiable

The signatures gathered will still need to be certified, but Guarino believes this will not be a challenge. He’s likely right, considering how far above the number that is necessary of the team has collected.

There’s yet another challenge, though. State Attorney General Martha Coakley has already determined that state residents could not vote to overturn the legislation. That decision has been appealed by opponents, however, as well as the continuing state Supreme Judicial Court is allowing the procedure to go on pending hearings on the issue.

While opponents indicate the present failures of casino teams in a variety of communities as evidence that casinos are not wanted in Massachusetts, that may not tell the entire story. Three various communities have already approved plans for slots parlors in their towns, though only one will ultimately be built. Meanwhile, Steve Wynn’s plan to construct a casino in Everett passed overwhelmingly, while Springfield voters additionally approved a plan by MGM to there build a casino.

This could signal that the law is working just as intended. When Governor Patrick said he would myself vote against a casino in his hometown, he noted that the casino law was specifically made to give communities the charged power to reject casinos, and that there was you should not fill all three licenses instantly. Casinos would only go where voters approved them plus they had every right to reject them aswell.

Table and baccarat Games Upgrading on Las Vegas Strip

The demographic has changed a little since James Bond’s day, but baccarat has made a comeback on the Las Vegas Strip (Image source: ‘Casino Royale’ 1967)

The times they’ve been a’changin’ in the land casino business, especially in Las Vegas. Where slots once ruled the day and still represent a revenue that is healthy for casinos everywhere with the advent of online sites and mobile casino apps, the uniqueness of a real time table experience is now becoming as retro-chic as ‘vinyl’ (aka ‘records) are to hipster kids these days.

Dining Table Games Conference

It’s learning to be a big niche that is enough there is now a gaming industry conference dedicated exclusively to it: the Table Games Conference, held at the Paris Las Vegas recently. Industry expert David G. Schwartz, director of the Center for Gaming Research during the University of Nevada, Las Vegas, gave a presentation during the meeting, noting that ‘live table play remains a distinctive [experience] that cannot be replicated online.

‘ Now is the time and energy to invest in dining table game players,’ Schwartz noted to an audience of some140 meeting attendees. ‘Not in 10 years when the generation that is next gone electronic. Invest now while these are typically still there.’

Schwartz included that with slots now basically on numerous platforms, the only distinction between a brick-and-mortar device and online is a hot cocktail waitress serving drinks and management presenting you with a W-2 tax form if you take down over $1,200 in a jackpot. (Ok, we added the bit about the hot waitress).

Table Games Move Into First Place

More notably, Schwartz noted that since the recession hit Las Vegas back in 2008, table games have actually really been pulling in better revenue figures than slots. In reality, according to Schwartz, the per device, per win slot take in Nevada has dropped two percent since back in 2005, whereas the per unit, per win table game take has jumped by 20 per cent in the same time period.

More specifically, at their zenith back 2007, Nevada slot machines were producing $132.55 in wins per product every day, when compared with table games which were at $1,997.89 for the timeframe that is same. While both gaming sources took a bit of a nosedive by 2009, thus far this slots are down at $117.27 per unit, whereas table games have boomed up to $2,105.03 per table year.

Some of that decline in slot revenue, Schwartz noted, is mainly because there are actually fewer slots through the entire state that is whole. In fact, slot device inventory is down 14 percent in the previous eight years in Nevada. Overall into the Silver State, table games generate 37 per cent and slots much more than 60 % of most casinos’ profits, he stated.

However in Las Vegas, those percentages have shifted. In the Strip specifically, Schwartz notes that post-recession, table games have inched into very first place with 52 percent of the revenue while slots are slightly behind now at 48 percent. The game that is big is literally baccarat, which now makes up about 44.13 percent associated with the Strip’s profits, and that is based on a total throughout all Strip gambling enterprises of 282 baccarat tables.

Seems baccarat has the sizzle the Strip needs; ‘baccarat has saved the Strip’s bacon,’ noted Schwartz.

The shift that is big due to the massive influx of Asian whales coming to play in vegas. Schwartz notes candidly that ‘some among these video gaming companies might have gone bankrupt’ without those high-rollers, many from Asia.

‘Table game players are a wealthier player,’ Schwartz said. ‘[They] are actually viewed as more resilient. They’ve been more important to brick-and-mortar revenue as online video gaming becomes more prevalent.’

Here She Comes, Miss Gambling America: Nj-new Jersey Ready to Go Online

Here she comes: New Jersey’s on-line casino launch is ready to roll at long last (Image: AP)

Just since the President for the United States doesn’t recognize that complex interactive web sites that are created to be utilized by millions of men and women need endless pre-checks, soft launches and re-checks, does not mean the casino executives preparing for New Jersey’s online gaming launch on Nov. 26 are incredibly cavalier.

Borgata Going Carefully

Boyd Gaming the ongoing company that owns Atlantic City’s leading casino resort Borgata is taking its part moving the casino brand online very seriously, according to Boyd’s executive vice president Bob Boughner.

‘ From our perspective, we have been, and will continue to be, very methodical, thought and careful out in this process,’ said Boughner. ‘At the end of day, we should expand the Atlantic City market, both the casino and the money that is real experience.’

Boughner is no rookie at this, mind you; back in 2003, he spearheaded Borgata’s image, creation and opening, and even though the company has had its ups and downs, like so many Atlantic City casinos, it’s done better in the revenue department than most.

‘The Borgata is well-known in nj-new Jersey and that market is our initial focus,’ Boughner said. Like many of the operators, he’s unfurling minimal early marketing, until all the kinks have actually been worked out, and depending on the business’s land gaming reputation to pull in initial players.

All the gaming that is now-licensed have been undergoing a five-day pre-launch test period this week, in expectation of the statewide live launch on Tuesday. Nj’s Division of Gaming Enforcement has been watching for almost any issues during the launch that is soft which has only been open to roughly 500 invited players and during circumscribed play hours.

The goal of the testing would be to ensure that things like deposit processes, geolocation systems, and player identification systems all work correctly; a couple of days into the launch that is soft there were already some troubling issues using the geolocation tracking systems maybe not recognizing players that were even 10-15 miles inside of the latest Jersey’s state borders. While gamblers do not have to reside into the Garden State to relax and play, they must physically there be located at the time they access the state’s casinos games to qualify.

And New Jersey Makes Three

The launch can certainly make New Jersey U.S. State #3 to offer legal and regulated Web gambling; Nevada already has online poker, and Delaware went live a thirty days ago by having a range of casino games. The city’s 12 brick-and-mortar casinos are all partnering with existing technology brands to create their products to the Internet. While sites will offer a full range of games from slots to blackjack and roulette casinos are offering the poker that is specialized their games under split and specific sites.

Boyd has brought in Bwin.party an european gaming that is online as their Internet partner. The organization will have four websites, one for Borgata casino games, one for Borgata poker especially, and then two more generic ‘partygaming’ sites, one each for casino games and poker.

A company that holds four Atlantic City land properties will have a panoply of sites going, including one for Caesars, one for sub-brand Harrahs, and one for their World Series of Poker brand among the other well-known name brands that will be launching, Caesars Entertainment Corp.

Meanwhile, the company who started it all in the U.S. Stations Casinos, which kicked off Nevada’s on the web poker earlier this year feels well-prepared to deal with the challenges that are new come in New Jersey.

‘You’ll see about five or six companies at the start,’ said Ultimate Gaming chairman Tom Breitling, speaking in regards to the Atlantic City launch. With nine million in population in nj-new Jersey, versus Nevada’s under three million, those challenges could be daunting. But Breitling is confident his outfit is prepared.

‘We’ve learned a great deal in six months and we’re nevertheless learning every time,’ he stated. ‘New Jersey is a different market, nevertheless the core issues are the exact same.’

The Ultimate-Stations operators are working in experience of the Trump Taj Mahal, as Stations has no East Coast existence by itself.

New Jersey Lawmakers Drive for Overseas Operators Allowance

Meanwhile, New Jersey State Senator Raymond Lesniak (D-Union) is trying to push through legislation that will also allow non-American operators to set up their operating head office in the Garden State, a move that could require they pass criminal record checks by the Division of Gaming Enforcement before they could be certified. Although not quite as proctological in nature as their Massachusetts counterparts, the DGE could nevertheless be a tough bar to pass for overseas operators and also require looser criteria regarding ‘ethical’ gaming business behavior.

Making the proposed legislation much more complex, Lesniak who had been a key backer of the current gambling that is online states these operators would just manage to accept wagers from foreign players. The new bill, which has not yet been introduced to your state legislature, would ask for 15 per cent sales tax for the state, with one proviso: taxes paid to many other jurisdictions, presumably even other countries, would count as credits against any taxes due nj-new jersey.

‘Why would companies desire to set up operations in brand New Jersey?’ said Lesniak at a recent atlantic city news meeting on the matter. ‘Well, we’ve got a reputation that is great oversight and legislation. These businesses, now situated in Gibraltar or Isle of Man or virtually any places that are offshore do not have the stability — the stamp of approval — that provides a lot of credibility to their item.’

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