Phil Ivey Eyes Medical Marijuana Biz for Newest Joint Venture

Poker superstar Phil Ivey has received approval that is preliminary A las vegas medical marijuana dispensary license in Nevada.

Phil Ivey is not smoking something, but their future clients may be: Ivey received one of 26 preliminary license approvals for a medical marijuana dispensary from the Las vegas, nevada City Council early in the day this week, possibly making the poker superstar one of the first operators within the city to provide pot to consumers.

You can find still further actions necessary before Ivey gets approval that is final start such a business, but his approval does suggest that the town found him qualified to go on in the licensing process.

This week to plead their cases for medical marijuana licenses about 50 potential operators went before the City Council. Those that got approval that is preliminary the town will now have to also be approved by the state health department.

The City Council will eventually hold a suitability that is final for all approved by the state before awarding a small number of licenses which have been set aside for Las Vegas.

Meaning that Ivey still has a long way to go before getting a final go-ahead to dispense medical cannabis in Sin City. But if he will make their way through the various licensing stages, Ivey might end up slinging weed just as prolifically as he makes pot-sized bets at the poker table.

Council Separate on Licensing Process

There is a lot of controversy over the way in which Las Vegas has handled the pot licensing process, though that has more related to procedural concerns than such a thing Ivey or virtually any licensee that is potential done.

Councilman Bob Coffin introduced a motion to wait the proceedings until after Nevada regulators weigh in regarding the suitability of each of the applicants a few weeks. He worried that making public opinions on applicants before the state made its own suggestions could potentially lead to legal actions, and that waiting could permit the city to approach the issue with an ‘unbiased eye.’

But that motion ultimately failed, as a vote in the issue completed in a 3-3 tie. Councilwoman Lois Tarkanian and councilman Ricki Barlow also voted to postpone the procedures, while Mayor Carolyn Goodman, wife of infamous ex-mayor Oscar and mother of a applicatant herself, abstained from the vote.

Among the many candidates that were approved were developer James Hammer, restaurant owner Michael Morton, and consultant that is political Thomas. Nuleaf, a Las Vegas-based company that is owned by a group that operates dispensaries in Ca, ended up being denied for a permit.

‘we believe waiting might have made a difference,’ Nuleaf spokesman Bradley Mayer said. ‘We feel confident that the state will find we’re a very qualified applicant.’

Ivey Headliner regarding the Year

That is just the most recent in a set of headlines made by Ivey which have nothing to do with his prodigious skills at the poker table.

Perhaps the biggest headlines have now been made in their various cases that are edge-sorting Crockfords together with Borgata. Ivey already lost the Crockfords instance in the united kingdom’s High Court of Justice, costing him over $12 million in winnings. a similar case against the Atlantic City casino is nevertheless pending, although in that case, it is the casino that is pursuing recourse to have its payouts came back. Ivey contends that the tactics he found in the games usually do not represent cheating, while the gambling enterprises, maybe not interestingly, disagree.

Final Saturday, Ivey also shut down the Ivey Poker website, ending operations just 18 months after the Facebook poker program launched. However, the poker legend said that the closed down ended up being just a change for the product.

South Africa Online Gambling Ban Stirs Debate

South Africa is considering a ban on online gambling, along with stronger laws for land-based wagering, such as electronic bingo terminals like these. (Image:

South Africa’s government is proposing a ban on a range that is wide of activities, including all forms of online gambling and other activities such as dog racing. That proposal is being discussed by the National Gambling Policy Council, which features members from both the national and governments that are provincial as well as the Department of Trade and Industry.

Based on department officials, the us government believes it has got the capability to enforce regulations on gambling, and that it really is unclear how jobs that are many created by the internet gambling industry. It would also hardly be a move that is unprecedented as much other jurisdictions around the globe have outlawed online gambling in the past.

Democratic Alliance Favors Regulation Over Ban

But although some government officials had been enthusiastic concerning the possibility, the idea of an outright ban was highly denounced by the opposition Democratic Alliance

‘That is a very, extremely bad decision,’ stated DA trade and industry representative Geordin Hill-Lewis. ‘I fiercely disagree with that view. Its completely shortsighted to say that it is better for South Africans not to be permitted to gamble online if you have patently significant demand in the country to do that. It is for government to facilitate that into the way that is safest possible.’

The DA position is that online gambling is better controlled through regulation, rather than an outright ban in other words. a complete ban, Hill-Lewis said, would cost far a lot of in resources to enforce.

But Department of Trade and Industry Deputy Director-General Zodwa Ntuli said that the specific circumstances in Southern Africa meant that a ban will be good general public policy. She pointed away that the division’s proposal was made after recognizing that South Africa had a level that is relatively high of gambling and debt compared with numerous nations.

Electronic Bingo Terminals Will Be Limited

If the department’s tips had been to become law, it wouldn’t trigger a extensive ban of all gambling activities in the nation, but would rather restrict exactly what is allowed associated with old-fashioned forms of gaming that are already present in South Africa. There would be further controls put on electronic bingo terminals, which are currently allowed by provincial governments, despite the fact that there clearly was no policy that is national the devices.

That conflict caused Trade and Industry Minister Rob Davies to issue a moratorium on any further licenses for the devices. The new suggestions would visit a cap on the range machines allowed nationwide. It would additionally you will need to get a grip on the simplicity of access to these machines, with officials saying that gambling must not be allowed in department stores, for instance.

The brand new regulations would also include a framework for allowing the federal government to higher oversee the horse rushing industry. While few details were available, it appeared that probably the most significant changes here would come in the issuing of licenses, a process by which the us government could impact modification in the industry.

Gambling legislation in South Africa is comparable to that of this united states of america and Canada, at least with regards to the interplay between federal and local governments. While the federal government sets national policy, it is as much as individual provinces to decide how each will issue licenses and gather revenues from gambling activities.

Tuesday Massachusetts Casino Repeal Vote Takes Place

Despite long odds, anti-casino forces continue to be hoping for a victory in Massachusetts. A ‘yes’ vote means ‘no casinos’. (Image: Repeal the Casino Deal)

A vote that will either lead to Massachusetts casino repeal or to the matter being put to bed for good is coming on Tuesday, though it would simply take a major upset for anti-casino advocates to get their way on Election Day. Those looking to defeat casinos are confusingly looking for voters to vote ‘Yes’ on Question 3, an idea that will put a final end to the 2012 law that is allowing the state to license video gaming houses throughout the state.

According to the survey that is latest by the Western New England University Polling Institute, 59 per cent of likely voters in the state plan to vote ‘No’ regarding the ballot question, meaning ‘yes’ to legal casinos. Only 35 per cent plan to vote ‘yes,’ in benefit of the repeal. Those figures represent a major gain for pro-casino forces, since a September poll showed just an 11 percent advantage for ‘no’ voters.

Of course, that’s assuming voters don’t get completely bewildered by the unintuitive ‘yes/no’ phrasing of the ballot effort itself.

Religious Voters Support Repeal

The numbers reveal that there’s been some success in efforts by spiritual leaders to get parishioners to oppose the casino law, with regular churchgoers being more inclined to vote ‘yes’ than their counterparts that are non-attending. But even Catholics whom attend mass every week are in opposition to repeal with a 17 percent margin. In fact, Protestant voters who worship regularly make up about the sole demographic that favor repeal, doing this by a 55-45 margin.

Meanwhile, the advertising efforts by casinos and their allies appear to have been helpful. Support for the repeal in Western Massachusetts was reduced dramatically compared to in prior polls, perhaps because of advertising that touted some great benefits of the planned MGM casino in Springfield.

Battle Over Benefits and Consequences

But while anti-casino advocates may be facing odds that are long Tuesday, they’re nevertheless fighting in the final moments to get their message out. Teams like Repeal the Casino Deal believe that the casinos will offer very little benefit that is economic the folks of Massachusetts, while increasing unlawful activity and gambling addiction.

‘ The cash isn’t visiting the people of Massachusetts,’ said Al Cabot, an anti-casino advocate. ‘This is actually cash that’s going from one or two casinos in Connecticut to three casinos in Massachusetts.’

Unsurprisingly, those within the casino industry see things just a bit that is little. According to MGM Springfield President Mike Mathis, his business’s casino will create 1000s of jobs and bring tens of millions of dollars in economic stimulus to town.

‘we have seen exactly what 25 years of no casino may do,’ Mathis stated. ‘We’d like the opportunity.’

Mathis also disputes the idea that casinos would simply be taking money that is already invested in Massachusetts and shifting it to spending at his business’s resort.

‘A third of our customers are coming from Connecticut,’ Mathis said. ‘This idea that money is dropping through the sky or we’re cannibalizing the regional marketplace is just inaccurate.’

Casinos in Massachusetts: Pre-Election Status

Therefore far, three licenses have already been awarded to build gambling venues in Massachusetts. Combined with MGM casino in Springfield, Wynn Resorts ended up being the winner of the Greater Boston license, beating out a plan that is competing Mohegan Sun at Suffolk Downs in Revere. A license ended up being also awarded to Penn National to build a slots parlor in Plainridge.

While casino opponents may short come up at the polls, simply getting the question on the ballot was one thing of a victory. Although campaigners collected plenty of signatures to put the casino question up to a referendum, Massachusetts Attorney General Martha Coakley originally rejected the question, forcing a showdown in their state’s Supreme Court over whether it might ultimately show up on this year’s ballot.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *