Phil Ivey Eyes Health Marijuana Biz for Newest Joint Venture

Phil Ivey Eyes Health 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 their future customers may be: Ivey received one of 26 initial license approvals for the medical cannabis dispensary from the vegas City Council earlier in the day this week, potentially making the poker superstar among the first operators in the city to supply pot to consumers.

There are still further 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 procedure.

About 50 potential operators went before the City Council this week to plead their instances for medical marijuana licenses. Those that got preliminary approval from the city will now have to also be approved by the state health division.

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

This means that Ivey still has a long way to go before finding 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 is a whole lot of controversy over the way vegas has handled the pot licensing procedure, though that has more related to procedural concerns than any such thing Ivey or some other potential licensee has done.

Councilman Bob Coffin introduced a motion to delay the proceedings until after Nevada regulators weigh in regarding the suitability of each of the candidates week that is next. He worried that making opinions that are public applicants before the state made its own guidelines could potentially lead to lawsuits, and that waiting could permit 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 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 numerous 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 California, was denied for a permit.

‘I believe waiting might 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 for the Year

This is simply the latest 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 been made in his various cases that are edge-sorting Crockfords and the Borgata. Ivey already 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 is 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 gambling enterprises, maybe not interestingly, disagree.

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

Southern Africa Online Gambling Ban Stirs Debate

South Africa is considering a ban on online gambling, in addition to 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 proposal is being discussed by the National Gambling Policy Council, which features people from both the national and governments that are provincial as well as the Department of Trade and Industry.

According to department officials, the federal 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 would also barely be a move that is unprecedented as much other jurisdictions around the world have outlawed Internet gambling in the past.

Democratic Alliance Favors Regulation Over Ban

But while some government officials had been enthusiastic concerning the prospect, the idea of a ban that is outright highly denounced by the opposition Democratic Alliance.

‘That is just a very, very decision that is bad’ said DA trade and industry representative Geordin Hill-Lewis. ‘I fiercely disagree with that view. Its completely shortsighted to say that it is better for Southern Africans never to be allowed to gamble online if you find demand that is patently significant the country to achieve that. It is for government to facilitate that in the way that is safest possible.’

In other terms, the DA position is the fact that online gambling is better managed through regulation, rather than an outright ban. a full ban, Hill-Lewis said, would price far an excessive amount 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 could be good general public policy. She pointed out that the division’s proposal was made after recognizing that South Africa had a relatively high amount of issue gambling and debt compared with numerous nations.

Electronic Bingo Terminals Will Be Limited

In the event that department’s suggestions 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 old-fashioned types of gaming being already contained in South Africa. There would additionally be further controls placed on electronic bingo terminals, which are presently allowed by provincial governments, even though there clearly 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 devices. The recommendations that are new notice a cap on the amount of machines allowed nationwide. It would also you will need to get a grip on the simplicity of access to these machines, with officials saying that gambling shouldn’t be allowed in department stores, for instance.

The brand new regulations would likewise incorporate a framework for allowing the government to raised oversee the horse racing industry. 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 regulation in Southern Africa resembles that of this United States and Canada, at least 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.

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 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 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 gaming houses across the state.

In line with the survey that is latest by the Western New England University Polling Institute, 59 % of likely voters into the state plan to vote ‘No’ regarding the ballot question, meaning ‘yes’ to appropriate casinos. Only 35 percent 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 initiative itself.

Religious Voters Support Repeal

The numbers reveal that there has 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 non-attending counterparts. But also 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 sole demographic that favor repeal, doing so by way of a 55-45 margin.

Meanwhile, the advertising efforts by casinos and their allies seem to have been helpful. Support for the repeal in Western Massachusetts is reduced notably 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 facing long odds on Tuesday, they’re nevertheless fighting in the final moments to get their message out. Teams like Repeal the Casino Deal believe that the casinos offer hardly any 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 simply cash 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 bit that is little. According to MGM Springfield President Mike Mathis, his business’s casino shall produce a huge number of jobs and bring tens of millions of dollars in economic stimulus to town.

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

Mathis additionally 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 concept that cash is dropping 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 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 was additionally 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 place the casino concern up 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 appear on this season’s ballot.