This throat and neck finish at Suffolk Downs Boston-area racetrack is symbolic of how their casino vote is unfolding. (Image source: Boston Globe)

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These days: can the Red Sox win their third World Series title in 10 years in the city of Boston, there’s just one issue keeping city residents up at night? But while David Ortiz while the rest of the Sox are busy battling the St. Louis Cardinals for baseball bragging legal rights, there’s another battle brewing under the surface also it could possibly be just as contentious as the obstruction ruling that ended Game 3.

Bugles Playing ‘First Call’

Both supporters and opponents of this intend to build a casino in East Boston are ramping up their efforts getting down the vote in the final days before the November 5th election, as both sides are anticipating a close race that could come down to voter turnout. The casino, which would be placed at Suffolk Downs, has become a hotly debated issue in churches, on street corners, and also among applicants for mayor.

Anti-casino forces feel like they’re seeing some potential for a modification by means of the vote though that could be either positive or negative. The exit of Caesars Entertainment as being a partner for Suffolk Downs in the casino bid recently has thrown the competition into chaos, because it has confused voters over whether or maybe not they wish to support the master plan.

That confusion has shown up in the polling of a company referred to as close Friends of East Boston, which opposes the casino project. According to lead organizer Pedro Morales, the group does phone polling of 1,200 to 1,500 East Boston residents every day. Prior to the news about Caesars departure from the project, about 10 % of residents had been still undecided about whether or not to ever support the Suffolk Downs bid. Now, that number is into the array of 22 % to 24 percent every day.

‘Last night, one precinct went from 22 percent to 37 percent,’ Morales told the Boston Herald. ‘I’m not saying at all that that’s automatically to our advantage. They could effortlessly say they are waiting to see whom the brand new partner is. The least that can be said is the fact that doubt has definitely been introduced.’

Neck and Neck Towards the Complete Line

In accordance with Morales, his polling has shown that about 40 percent are for the casino bid, with another 40 per cent opposing it. Suffolk Downs says that they don’t see precisely the same numbers, and they believe undecided voters can be won over by hearing the information on their proposal.

But no matter the numbers that are exact have, both sides clearly feel the problem was not decided yet and meaning a good amount of efforts getting voters on their respective sides within the final days before the election.

‘We’re doing some door-to-door canvassing, we’re providing rides to the polls and we’ve been ID’ing supports along the method,’ said Suffolk Downs COO Chip Tuttle. According to Tuttle, hundreds of volunteer casino supporters are going to be canvassing on their behalf in the week that is slotsforfun-ca.com last Election Day, planning to go to 1000s of voters and promote the virtues of this casino want to them.

Opponents associated with the casino bid won’t be sitting on the hands, either. They’ve set up a base camp at a neighborhood church, where leaders that are religious others in the community are working together to oppose the efforts of Suffolk Downs.

‘It’s really, really simple,’ Morales said. ‘for you. if you like your community, your family, your churches, the casino can’t be good’

Brand New York Casino Expansion Could Prompt North Jersey Casino

If voters give a thumbs up to New York State casino expansion, will North Jersey be next to construct? (Image source: WCBS 880)

In a lot of means, the battle for the northeastern casino market has turned into an arms race between the states. And meaning that after one neighbor unveils a new weapon, it’s just a matter of time before another answers in kind. That’s why there’s now significant amounts of speculation that the latest round of casino expansion planned for ny could ultimately result in a brand-new casino in North Jersey, as New Jersey continues to keep their shrinking share associated with the regional casino market in that area.

The new risk of casinos in ny hasn’t materialized yet and it may never ever happen at all. New Yorkers are likely to the polls on Election in November to decide whether or not to approve the building of new, ‘Las Vegas-style’ casino resorts in upstate New York day. But passage seems at least reasonably most likely, which could add yet more competition that is regional the mix.

One Upsmanship But Is It Working?

And should more gambling enterprises be added in other states, it is likely that New Jersey would see that as an invitation to incorporate a casino that is new of own. An area in northeast New Jersey that is already the site of the Meadowlands Sports Complex: home to the Meadowlands Racetrack, MetLife Stadium (which houses the New York Jets and the New York Giants), and the Izod Center, which formerly hosted the New Jersey Nets (which have since become the Brooklyn Nets) and the New Jersey Devils hockey team in particular, politicians and industry insiders are imagining the possibility of a casino in the Meadowlands.

Have you been still with us?

According to some in North Jersey, the state is losing an abundance of prospective revenue by not having a casino in that area of the state. A lot of gamblers, they say, are headed to the Empire Casino in Yonkers, NY or nearby Pennsylvania casinos in Bethlehem and also the Poconos. These places are a complete lot more convenient to access for many New Jersey residents than the casinos in their own state.

‘Do you believe folks from northern New Jersey ‘re going to drive all the way to Atlantic City when they would like to play the slots for the few hours?’ asked Jeffrey Gural, operator regarding the Meadowlands racetrack. ‘Gas is $4 a gallon. You tell me.’

But while the threat of more regional casinos may function as spark that finally pushes the state to you should consider a Meadowlands casino, the concept has been in the works for a whilst. And in reality, the battle that is biggest could be the one between Atlantic City and North Jersey. Many Atlantic City officials fear that a new casino in northern New Jersey may be the death knell for the city’s already land gaming industry that is flailing.

Atlantic City Revival Still Needs A arrived at Jesus

The revival of Atlantic City has been a major policy point for brand New Jersey Governor Chris Christie, who states that he doesn’t wish any new casinos to be built outside of the town at minimum until his five-year plan for revitalizing the casino industry there is given a chance to work. While that effort may well not have had quite the results Christie was hoping for so far, losses have at the least slowed in Atlantic City therefore the governor’s office says that he’d have followed the same plan also if he had known ny was about to build new gambling enterprises.

‘[The plan to create new gambling enterprises in brand New York] doesn’t alter that we set out at the beginning of the administration to give Atlantic City the most useful opportunity we can to maintain or grow our presence in the competitive casino market,’ stated Michael Drewniak, a spokesman for the governor.

LAND CASINO SATURATION IN THE USA:

Across the United States, gaming analysts warn that the brick-and-mortar casino industry is nearing its saturation point. In early 2013, Alex Bumazhny, a Fitch gaming analyst, told Bloomberg News that land-based gaming was ‘close’ to this level currently, and University of Nevada, Reno professor Mark Nichols concurred, saying ‘…everybody is pretty much the exact same and everyone is on a single playing field. Then it just comes down to location.’

With Atlantic City’s land gaming revenues down a whopping 50 percent since neighboring Pennsylvania opened its casino doors in 2006, sufficient reason for also newer casinos in Illinois and Maryland struggling to meet profit objectives, it’s hard to argue using this apparent new reality.

Several states are now actually looking to burgeoning legal and regulated online state-by-state gambling to select up the slack. The gambling industry as well as state coffers across the country will certainly be waiting and watching to see how this new aspect plays out with Nevada already offering online poker, and Delaware and New Jersey perched to offer full casino games before year’s end.

Las Las Vegas Sands 3rd Quarter Macau Profits Shine Versus Las Vegas

It’s exactly about Macau: Las Vegas Sands Corp.’s 3rd quarter profits were soaring in the Asian gambling mecca.

Location, location, location: that is whatever they always say in property. And for Las Vegas Sands Corp., that’s appearing entirely real, even if, ironically, it’s Macau, not Las Vegas, that’s turning out to be the casino company’s shining star.

‘(Las Las Vegas Sands) remains predominantly A china story that is secular-driven’ noted Macquarie Securities gaming analyst Chad Beynon following the Sands’ third quarter P & L statement. ‘In our view, Las Vegas Sands remains the most readily useful Asian gaming development and cash flow investment story.’

Macau Carries the Day

The Venetian and the Palazzo, analysts are still gung-ho on Las Vegas Sands’ overall financial outlook despite a so-so performance from the Sands’ shnazzy Las Vegas Strip properties.

‘We continue to such as the Macau video gaming sector total, driven by attractive marketwide revenue growth, especially in the mass gaming segment,’ added JP Morgan gaming analyst Joe Greff. ‘Las Vegas Sands’ hotel room base should allow [the company] to grow top line and [cash flows] in excess of industry participants.’

Seems the gaming that is bully in Macau is still growing at a steroidal rate; some analysts anticipate the end-of-October figures to exceed any single-month revenue records up to now. Therefore the July September 2013 quarter showed a 43 percent boost in Sands’ four primary Macau gaming divisions, and an astounding 89 percent bump from the same time period year that is last. With $2.34 billion in net revenues from their Macau properties for the third quarter, it results in an impressive 65 % of the business’s overall intake of $3.57 billion.

No wonder Sands CEO Sheldon Adelson is pouring more development money into another project there; he has $2.7 billion earmarked for a new 3,000-room property that has a Parisian theme and a 2015 expected opening. That makes five major casinos there ( and why perhaps not when they’re making money hand over fist): the Venetian Macau, Four Seasons Macau, Sands Macau, and the multiple-hotel Sands Cotai Central task, along with the new resort being planned.

Non-Gambling Profits Also Doing Well

And it’s not just gaming that’s going gangbusters for Sands in Asia; non-gaming revenues are pulling their weight as well, according to Rob Goldstein, the business’s president of global video gaming operations.

‘With our room base, that is a very positive thing for us,’ Goldstein said, talking about the trend of mainland Chinese tourists coming to and staying in Macau. ‘They stay much longer, come from further away and require sleeping rooms. So Sheldon’s (Adelson) 9,000 sleeping rooms in Cotai proved to be a pretty good idea.’

Susquehanna International Group gaming analyst Rachael Rothman agrees, adding that the growing influx of tourists to Macau highlights ‘…the importance for the infrastructure build-out in greater China that continues to increase Macau’s reach.’

Adelson is going to be the major contributor to that much-needed infrastructure, with a $10 billion Hong Kong-Macau-Zhuhai Bridge slated to start in 2016. The bridge will greatly cut down on the drive time it takes for visitors to reach Macau from Asia, which, as anyone whom has ever sat in traffic knows, is definitely a thing that is good.

Sands’ Macau success has analysts chomping to see what the casino company shall do when and if Japan legalizes gambling as well. Sands president Michael Leven says that Asian nation’s $6 billion a year casino market would match what’s happening on the las vegas strip, but macau’s $38 billion take in 2012 will be hard to top, specially as those figures are up another 17 percent as of end of third quarter 2013.