While the majority of the United States are divided as to who should be named the President of the United States in today’s vote, there are other issues at play. Three states will be considering the gambling industry along with voting for Hilary or Donald. Rhode Island, New Jersey and Massachusetts all have gambling referendums on the ballot that could change the way each state offers gaming.
In Rhode Island, Question 1 of the ballot discusses gambling in Tiverton. The question states: “Shall a gambling facility and/or activity be established in the town (or city) of Tiverton?” The Twin Rivers Management Company is proposing to move from Newport Grand Casino and use their gaming license in Tiverton. The company would build a new casino and hotel in the city. The move would be made based on the Newport community not allowing table games at the Newport Grand Casino. Residents in Tiverton are divided on the issue.
New Jersey’s gambling referendum has perhaps been the most talked about due to the fact that if it is approved, Atlantic City will no longer be the monopoly when it comes to casino gaming in the state. Question 1 of the ballot in New Jersey will ask voters to approved two new casinos for the state, to be located in North Jersey. Operators who currently have gaming venues in Atlantic City will be able to bid first for a license.
Jeff Gural, the operator of the Meadowlands Racetrack, is interested in being an operator of a new facility if the referendum were to pass. Just last night, Gural reached an agreement to provide $15 million purse subsidy each for thoroughbred and Standardbred horse racing. Gural would also provide $5 million each year to Monmouth Park to assist with operating costs. This agreement will bring benefits to the state but only if the referendum is to pass.
It does look like the New Jersey referendum will not pass as studies have shown voters are not in favor. The majority of those polled do not wish to see gambling expanded within the state.
In Massachusetts, Question 1 on the ballot will change the constitution if passed to allow a second slots parlor in the state. The question reads: Expanding slot machine gaming. A ‘yes’ vote would allow a second slots parlor to exist in Massachusetts. The 2011 gambling law currently allows for up to three resort casinos and one slots parlor. If passed, a new slots casino would be created in the state.
Voters head to the polls today and it will be interesting to see the outcome of the gambling referendums as well as who will become the next President of the United States.
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