Phil Ivey Eyes Healthcare Marijuana Biz for Newest Partnership

Phil Ivey Eyes Healthcare Marijuana Biz for Newest Partnership

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

Phil Ivey isn’t smoking one thing, but his future customers may be: Ivey received one of 26 initial license approvals for the medical marijuana dispensary from the Las Vegas City Council earlier in the day this week, potentially making the poker superstar among the first operators in the town to offer pot to consumers.

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

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

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

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

Council Split on Licensing Process

There has been a whole lot of controversy over the way Las Vegas has managed the pot licensing process, though which has more to do with procedural concerns than anything Ivey or virtually any potential licensee has done.

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

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

Among the many candidates that had been approved were developer James Hammer, restaurant owner Michael Morton, and political consultant David Thomas. Nuleaf, a Las Vegas-based company that is owned by a group that operates dispensaries in California, was denied for a license.

‚I believe waiting could have made a difference,‘ Nuleaf spokesman Bradley Mayer said. ‚We feel confident that their state will find we have been a very qualified applicant.‘

Ivey Headliner regarding the 12 Months

This is certainly just the latest in a series of headlines made by Ivey that have nothing at all to do with his prodigious abilities at the poker table.

Probably the biggest headlines have already been made in his various edge-sorting cases against Crockfords as well as the Borgata. Ivey currently lost the Crockfords instance in britain’s High Court of Justice, costing him over $12 million in winnings. a case that is similar the Atlantic City casino is nevertheless pending, although in that case, it’s the casino that is pursuing recourse to have its payouts came back. Ivey contends that the tactics he used in the games usually do not constitute cheating, while the gambling enterprises, maybe not surprisingly, disagree.

Final Saturday, Ivey also shut down the Ivey Poker web site, closing 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, as well as stronger laws for land-based betting, such as electronic bingo terminals like these. (Image:

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

Based on department officials, the us government believes it gets the capability to enforce laws on gambling, and that it’s unclear how many jobs are created by the online gambling industry. It could also hardly be a move that is unprecedented as numerous other jurisdictions all over the world have outlawed online gambling within the past.

Democratic Alliance Favors Regulation Over Ban

But while some government officials were enthusiastic about the possibility, the notion of an outright ban was strongly denounced by the opposition Democratic Alliance.

‚That is really a very, extremely decision that is bad‘ said DA trade and industry representative Geordin Hill-Lewis. ‚I fiercely disagree with that view. It’s completely shortsighted to say that it is better for Southern Africans not to be permitted to gamble online if you find patently significant demand in the country to accomplish this. It is for government to facilitate that in 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 ban that is full Hill-Lewis said, would price far excessively in resources to enforce.

But Department of Trade and Industry Deputy Director-General Zodwa Ntuli said that the precise circumstances in Southern Africa meant that a ban will be good policy that is public. She pointed out 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 countries.

Electronic Bingo Terminals Could Be Limited

If the department’s tips were to become law, it wouldn’t trigger a ban that is widespread of gambling tasks in the country, but would rather limit exactly what will be allowed for the conventional kinds of gaming which are already present in South Africa. There would additionally be further controls placed on electronic bingo terminals, which are currently allowed by provincial governments, even though there was no policy that is national the devices.

That conflict caused Trade and Industry Minister Rob Davies to issue a moratorium on any licenses that are further the devices. The new guidelines would notice a cap on the number of machines allowed nationwide. It would also make an effort to get a grip on the ease of access to these machines, with officials saying that gambling really should not be allowed in stores, for instance.

This new regulations would likewise incorporate a framework for allowing the federal government to better oversee the horse industry that is racing. While few details were available, it appeared that the absolute most significant changes here would come in the issuing of licenses, a process by which the us government could impact modification in the market.

Gambling legislation in Southern Africa is comparable to that of the usa and Canada, at least when it comes to the interplay between federal and local governments. While the federal government sets national policy, it is up to individual provinces to determine how each will issue licenses and collect revenues from gambling activities.

Tuesday Massachusetts Casino Repeal Vote Takes Place

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

A vote that will either lead to Massachusetts casino repeal or towards the matter being put to sleep once and for all is coming on Tuesday, though it would just take a major upset for anti-casino advocates to get their way on Election Day. Those looking to defeat casinos are confusingly searching for voters to vote ‚Yes‘ on Question 3, a proposition that could put a final end to the 2012 legislation that is allowing the state to license gaming houses throughout the state.

Based on the latest study by the Western New England University Polling Institute, 59 % of likely voters in the state plan to vote ‚No‘ regarding the ballot question, meaning ‚yes‘ to legal casinos. Just 35 per cent plan to vote ‚yes,‘ in favor 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 religious 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 who attend mass every are opposed to repeal by a 17 percent margin week. In reality, Protestant voters who worship regularly make up about the actual only real demographic that favor repeal, doing so with a 55-45 margin.

Meanwhile, the advertising efforts by casinos and their allies seem to have been very effective. Support for the repeal in Western Massachusetts was reduced notably compared to in prior polls, maybe 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 dealing with odds that are long Tuesday, they’re still fighting within the final moments to get their message out. Teams like Repeal the Casino Deal believe that the casinos will offer you little economic benefit to the folks of Massachusetts, while increasing criminal activity and gambling addiction.

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

Needless to say, those within the casino industry see things just a bit that is little. According to MGM Springfield President Mike Mathis, his company’s casino will produce several thousand jobs and bring tens of millions of dollars in economic stimulus to the city.

‚We’ve seen just what 25 years of no casino can perform,‘ Mathis stated. ‚we would like the possibility.‘

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

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

Gambling enterprises in Massachusetts: Pre-Election Status

So far, three licenses are granted to construct gambling venues in Massachusetts. Combined with the MGM casino in Springfield, Wynn Resorts was the winner of the more Boston license, beating out a competing plan by Mohegan Sun at Suffolk Downs in Revere. A license ended up being additionally awarded to Penn National to build a slots parlor in Plainridge.

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

Leave a Reply

You must be logged in to post a comment.