Phil Ivey Eyes Medical Marijuana Biz for Newest Partnership

Phil Ivey Eyes Medical Marijuana Biz for Newest Partnership

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

Phil Ivey is not smoking something, but their future customers may be: Ivey received one of 26 license that is preliminary for a medical marijuana dispensary from the vegas City Council earlier this week, possibly making the poker superstar among the first operators into the town to supply pot to consumers.

You can find even more actions necessary before Ivey gets approval that is final open such a company, but his approval does suggest that the city found him qualified to move on in the licensing process.

About 50 possible operators went before the City Council this week to plead their cases for medical marijuana licenses. Those that got approval that is preliminary the city will now have to additionally be approved by the state health department.

The City Council will fundamentally hold a suitability that is final for anyone approved by the state before awarding a restricted number of licenses that have been set aside for Las Vegas.

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

Council Split on Licensing Process

There’s been a lot of controversy over the way nevada has managed the pot licensing procedure, though who has more related to procedural concerns than any such thing Ivey or any other potential licensee has done.

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

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

Among the numerous candidates that were 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 Ca, ended up being denied for a license.

‘I believe waiting could have made a difference,’ Nuleaf spokesman Bradley Mayer said. ‘We feel confident that hawaii will find we are a very qualified applicant.’

Ivey Headliner of this Year

This really is just the most recent in a set of headlines made by Ivey that have nothing at all to do with his skills that are prodigious the poker table.

Perhaps the biggest headlines were made in his various edge-sorting cases against Crockfords therefore the Borgata. Ivey already lost the Crockfords situation in britain’s tall Court of Justice, costing him over $12 million in winnings. a comparable case against the Atlantic City casino is still pending, although in that case, it is the casino that is pursuing recourse to have its payouts returned. Ivey contends that the tactics he found in the games usually do not represent cheating, while the gambling enterprises, not interestingly, disagree.

Final Saturday, Ivey also shut down the Ivey Poker internet 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 transition 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 wagering, such as electronic bingo terminals like these. (Image: OnlineCasinoArchives.co.za)

South Africa’s government is proposing a ban on a wide 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 members 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 has the capability to enforce regulations on gambling, and that it really is unclear how jobs that are many created by the online gambling industry. It would also hardly be a move that is unprecedented as many other jurisdictions throughout the world have outlawed Internet gambling into the past.

Democratic Alliance Favors Regulation Over Ban

But though some government officials were enthusiastic about the possibility, the idea of a ban that is outright strongly denounced by the opposition Democratic Alliance.

‘That is really a very, really decision that is bad’ said DA trade and industry spokesperson Geordin Hill-Lewis. ‘we fiercely disagree with that view. It’s completely shortsighted to say that it is better for South Africans to not be permitted to gamble online if you find patently significant need in the country to do that. It is for government to facilitate that within the safest way 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 price far a lot of 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 public policy. She pointed down 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 many countries.

Electronic Bingo Terminals Would Be Limited

In the event that department’s tips had been to be law, it wouldn’t trigger a ban that is widespread of gambling activities in the nation, but would rather restrict just what will be allowed regarding the traditional forms of gaming being already contained in South Africa. There would additionally be further controls put on electronic bingo terminals, which are currently allowed by provincial governments, even though there is certainly no nationwide policy on the machines.

That conflict caused Trade and Industry Minister Rob Davies to issue a moratorium on any further licenses for the machines. The new suggestions would experience a cap on the range machines allowed nationwide. It would additionally attempt to get a handle on the ease of access to these machines, with officials saying that gambling really should not be allowed in department stores, for instance.

The new regulations would also include a framework for allowing the federal government to raised oversee the horse industry that is racing. A process by which the government could affect change in the industry while few details were available, it appeared that the most significant changes there would come in the issuing of licenses.

Gambling legislation in South Africa resembles that associated with united states of america and Canada, at minimum when it comes to the interplay between federal and governments that are local. While the government that is federal national policy, it is as much as individual provinces to decide how each will issue licenses and collect revenues from gambling tasks.

Massachusetts Casino Repeal Vote Happens Tuesday

Despite long odds, anti-casino forces are still hoping for a victory 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 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 would put a final end to the 2012 legislation that is allowing the state to license video gaming houses throughout the state.

Based on the survey that is latest by the Western New England University Polling Institute, 59 percent of likely voters in the state plan to vote ‘No’ on the ballot question, meaning ‘yes’ to legal casinos. Only 35 % plan to vote ‘yes,’ in favor of the repeal. Those figures represent a gain that is major 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 initiative itself.

Religious Voters Support Repeal

The numbers reveal that there is 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 also Catholics whom attend mass every are opposed to repeal by a 17 percent margin week. In fact, Protestant voters who worship regularly make up about the only real demographic that favor repeal, doing this by way of 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 has been reduced significantly compared to in prior polls, maybe due to advertising that touted some great benefits of the planned MGM casino in Springfield.

Battle Over Pros and free quick hits slot machines Consequences

But while anti-casino advocates may be dealing with odds that are long Tuesday, they’re still fighting into the final moments to get their message out. Teams like Repeal the Casino Deal believe that the casinos will offer almost no benefit that is economic the folks of Massachusetts, while increasing criminal activity and gambling addiction.

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

Needless to say, those into the casino industry see things just a little bit differently. According to MGM Springfield President Mike Mathis, his business’s casino will produce a large number of jobs and bring tens of millions of dollars in economic stimulus to the city.

‘we have seen what 25 years of no casino can perform,’ Mathis stated. ‘We’d like the possibility.’

Mathis also disputes the concept 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 cash is falling through the sky or we’re cannibalizing the market that is local just inaccurate.’

Gambling enterprises in Massachusetts: Pre-Election Status

So far, three licenses have been awarded to construct gambling venues in Massachusetts. Combined with the MGM casino in Springfield, Wynn Resorts had been the champion of the higher Boston license, beating out a competing plan by Mohegan Sun at Suffolk Downs in Revere. A license had been additionally granted to Penn National to develop a slots parlor in Plainridge.

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

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