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 las vegas medical marijuana dispensary license in Nevada.

Phil Ivey is not smoking one thing, but their future clients may be: Ivey received one of 26 initial license approvals for a medical marijuana dispensary through the vegas City Council earlier this week, possibly making the poker superstar among the first operators into the town to offer pot to consumers.

You can find even more steps necessary before Ivey gets approval that is final open such a company, but his approval does mean 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 preliminary approval from the town will now have to additionally be approved by the state health department.

The City Council will ultimately hold a suitability that is final for those 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 way that is long go before obtaining a final go-ahead to dispense medical cannabis in Sin City. But if he 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 is a whole lot of debate over the way vegas has managed the pot licensing process, though that has more related to procedural concerns than any such thing Ivey or virtually any potential licensee has done.

Councilman Bob Coffin introduced a motion to delay the proceedings until after Nevada regulators weigh in on the suitability of each of the applicants next week. 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 let the city to approach the problem 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 delay the procedures, while Mayor Carolyn Goodman, wife 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 Ca, was denied for a permit.

’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 of this 12 Months

This really is simply the latest in a set of headlines made by Ivey which have nothing at all to do with his prodigious skills at the poker table.

Possibly the biggest headlines have been made in their various edge-sorting cases against Crockfords and the Borgata. Ivey currently lost the Crockfords case in the UK’s tall Court of Justice, costing him over $12 million in winnings. a comparable situation against the Atlantic City casino is nevertheless pending, although in that case, it’s the casino that is pursuing recourse to have its payouts returned. Ivey contends that the strategies he utilized in the games don’t constitute cheating, while the casinos, not surprisingly, disagree.

Last Saturday, Ivey also shut straight down the Ivey Poker web site, closing operations just 18 months after the slot machine game quick hits Facebook poker program launched. However, the poker legend said that the closed down had been just a transition for the product.

South Africa Online Gambling Ban Stirs Debate

South Africa is considering a ban on online gambling, in addition to 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 variety of gambling activities, including all forms of online gambling and other activities such as dog racing. That proposal is being discussed by the nationwide 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 federal government believes it gets the capability to enforce laws on gambling, and that its unclear how many jobs are created by the web gambling industry. It could additionally scarcely be an unprecedented move, as much other jurisdictions across the world have outlawed Internet gambling into the past.

Democratic Alliance Favors Regulation Over Ban

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

’That is just a very, very decision that is bad’ said DA trade and industry spokesperson Geordin Hill-Lewis. ’I fiercely disagree with that view. It is completely shortsighted to say that it is better for Southern Africans never to 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 the fact that online gambling is better managed through legislation, rather than an outright ban. 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 stated that the particular circumstances in Southern Africa meant that a ban would be good public policy. 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 Would Be Limited

If the department’s guidelines were to become law, it wouldn’t trigger a widespread ban of all gambling tasks in the country, but would rather limit just what would be allowed associated with traditional types of gaming being 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 is no policy that is national the machines.

That conflict caused Trade and Industry Minister Rob Davies to issue a moratorium on any licenses that are further the devices. The recommendations that are new view a cap on the amount of machines allowed nationwide. It would additionally try to get a handle on the simplicity of access to these machines, with officials saying that gambling really should not be allowed in shopping malls, for instance.

The newest regulations would likewise incorporate a framework for allowing the government to raised oversee the horse rushing industry. While few details were available, it appeared that the absolute most significant changes there would come in the issuing of licenses, a procedure by which the government could affect modification in the market.

Gambling regulation in Southern Africa is similar to that of the united states of america and Canada, at minimum in terms of 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 gather revenues from gambling tasks.

Massachusetts Casino Repeal Vote Takes Place Tuesday

Despite long odds, anti-casino forces remain hoping for a triumph in Massachusetts. A ’yes’ vote means ’no casinos’. (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 seeking to defeat casinos are confusingly searching 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 gaming houses over the state.

In line with the latest study by the Western New England University Polling Institute, 59 % of likely voters within the state plan to vote ’No’ in the ballot question, meaning ’yes’ to appropriate casinos. Just 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 effort 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 even Catholics whom 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 demographic that favor repeal, doing this by 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 is reduced somewhat 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 facing odds that are long Tuesday, they’re nevertheless fighting within the final moments to get their message out. Groups like Repeal the Casino Deal believe that the casinos will offer hardly any economic benefit to the folks of Massachusetts, while increasing criminal activity and gambling addiction.

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

Not surprisingly, those within the casino industry see things just a little bit differently. According to MGM Springfield President Mike Mathis, his business’s casino shall produce a large number of jobs and bring tens of millions of dollars in economic stimulus to the community.

’we have seen exactly what 25 years of no casino can perform,’ Mathis said. ’we want the opportunity.’

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

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

Casinos in Massachusetts: Pre-Election Status

So far, three licenses were granted to build gambling venues in Massachusetts. Combined with the MGM casino in Springfield, Wynn Resorts ended up being the champion of the Greater Boston license, beating out a competing plan by Mohegan Sun at Suffolk Downs in Revere. A license had been also awarded to Penn National to create a slots parlor in Plainridge.

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