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Phil Ivey Eyes Healthcare Marijuana Biz for Newest Joint Venture

Phil Ivey Eyes Healthcare Marijuana Biz for Newest Joint Venture

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

Phil Ivey is not smoking something, but his future customers may be: Ivey received one of 26 license that is preliminary for a medical cannabis dispensary through the nevada City Council earlier this week, possibly making the poker superstar one of the primary operators in the town to offer pot to consumers.

You can find even more steps necessary before Ivey gets approval that is final start such a business, but his approval does mean that the town 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 additionally be approved by the state health department.

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

Meaning that Ivey still has a way that is long go before finding a final go-ahead to dispense medical cannabis in Sin City. But if he will make his 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’s been a great deal of controversy over just how Las Vegas has managed the pot licensing procedure, though which has more to do with procedural concerns than any such thing Ivey or every other 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 candidates in a few days. He worried that making public opinions on applicants before the state made its own suggestions could possibly lead to lawsuits, and that waiting could let the city to approach the issue with an ‘unbiased eye.’

But that motion ultimately failed, as a vote regarding the issue finished in a tie that is 3-3. Councilwoman Lois Tarkanian and councilman Ricki Barlow also voted to delay 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 applicants that had been 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, had been denied for a permit.

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

Ivey Headliner for the 12 Months

That is just the newest in a series of headlines made by Ivey that have nothing to do with his prodigious skills at the poker table.

Possibly the biggest headlines have already been made in their various edge-sorting cases against Crockfords as well as the Borgata. Ivey currently destroyed the Crockfords instance in britain’s tall Court of Justice, costing him over $12 million in winnings. a similar instance against 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 techniques he found in the games do not represent cheating, while the gambling enterprises, maybe not interestingly, disagree.

Final Saturday, Ivey also shut straight down the Ivey Poker site, closing operations just 18 months after the Facebook poker program launched. However, the poker legend said that the shut down ended up being simply a transition for the product.

South Africa Online Gambling Ban Stirs Debate

South Africa is considering a ban on online gambling, also 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 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.

According to department officials, the us government believes it has got the capability to enforce laws on gambling, and that it really is unclear how many jobs are created by the web gambling industry. It could also barely be an unprecedented move, as numerous other jurisdictions all over the world have outlawed Web gambling into the past.

Democratic Alliance Favors Regulation Over Ban

But while many government officials were enthusiastic concerning the prospect, the notion of a ban that is outright strongly denounced by the opposition Democratic Alliance.

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

In other words, the DA place is that online gambling is better managed through regulation, instead than an outright ban. 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 particular circumstances in Southern Africa meant that a ban would be good public policy. quick hits game slot machine 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 contrasted with numerous countries.

Electronic Bingo Terminals Could Be Limited

If the department’s tips had been to become law, it wouldn’t trigger a extensive ban of all gambling tasks in the country, but would rather limit exactly what is allowed associated with old-fashioned types of gaming which are already present in South Africa. There would be further controls put on electronic bingo terminals, which are currently allowed by provincial governments, even though there was no nationwide policy on the devices.

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

The latest regulations would also include a framework for allowing the government to higher 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 is comparable to that of this usa and Canada, at least in terms of the interplay between federal and local governments. While the government that is federal national policy, it is as much as individual provinces to determine how each will issue licenses and gather revenues from gambling activities.

Massachusetts Casino Repeal Vote Happens Tuesday

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 to the matter being put to sleep once and for all is coming on Tuesday, though it would take a major upset for anti-casino advocates to get their way on Election Day. Those seeking to defeat casinos are confusingly searching for voters to vote ‘Yes’ on Question 3, an idea that could put end to the 2012 law that is allowing the state to license video gaming houses across 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’ on the ballot question, meaning ‘yes’ to appropriate casinos. Only 35 % plan to vote ‘yes,’ in benefit of the repeal. Those numbers 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 effort itself.

Religious Voters Support Repeal

The numbers reveal that there is 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 non-attending counterparts. But also 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 only real demographic that favor repeal, doing this by way of a 55-45 margin.

Meanwhile, the advertising efforts by casinos and their allies appear to have been very effective. Support for the repeal in Western Massachusetts is reduced considerably 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 Consequences

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

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

Unsurprisingly, those in the casino industry see things just a bit that is little. According to MGM Springfield President Mike Mathis, his company’s casino shall produce a huge number of jobs and bring tens of millions of dollars in economic stimulus to town.

‘We’ve seen what 25 years of no casino can perform,’ Mathis said. ‘we would like the opportunity.’

Mathis additionally 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 idea that cash is dropping from the sky or we’re cannibalizing the neighborhood marketplace is just inaccurate.’

Gambling enterprises in Massachusetts: Pre-Election Status

Therefore far, three licenses have been granted to construct gambling venues in Massachusetts. Combined with MGM casino in Springfield, Wynn Resorts ended up being the winner of the more Boston license, beating out a competing plan by Mohegan Sun at Suffolk Downs in Revere. A license was also 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 something of a victory. Although campaigners collected more than enough signatures to put the casino concern 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 could ultimately show up on this year’s ballot.

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