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Phil Ivey Eyes Health Marijuana Biz for Newest Partnership

Phil Ivey Eyes Health Marijuana Biz for Newest Partnership

Poker superstar Phil Ivey has received preliminary approval for a nevada 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 the medical cannabis dispensary from the vegas City Council earlier this week, potentially making the poker superstar one of the first operators within the town to provide pot to consumers.

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

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 be approved by the state health department.

The City Council will sooner or later hold a last suitability conference for the people approved by the state before awarding a small number of licenses which have been set aside for Las Vegas.

Meaning 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 Separate on Licensing Process

There is a great deal of debate over the way vega (more…)

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Norway On Track for Regulated Online Gambling

Norway On Track for Regulated Online Gambling

Norwegian Culture Minister Thorhild Widvey is seeking to liberalize Norway’s online gambling laws.

Norway’s aspiration to legalize on line gambling has moved one action closer: the country’s customs Committee has required an impact evaluation on dramatic regulation proposals that may completely open the market up. The committee will closely examine the experiences of other nations, such as for instance Sweden, Denmark together with UK, before drafting its own legislation that the federal government hopes to implement the following year.

Norway currently has some of the tightest gambling controls in Europe. Online gambling is largely unlawful in the nation, with just two state-owned companies allowed to supply restricted games of possiblity to its residents, Norsk Tipping and Norsk Rikstoto. Norsk Tipping offers games like lotteries, keno and some sports betting, and falls underneath the jurisdiction regarding the Ministry of community and Church affairs, which ensures that players are just allowed to place bets at certain times of the day and imposes restrictions in the amount players are allowed to bet. Norsk Riksoto, meanwhile, offers parimutuel wagering exclusively for horseracing.

Nothing to Bank On

In 2010, the federal government passed a law that banned banks that are norwegian processing all kinds of gambling transactions, online and live, not simply within Norway, but all over the planet, essentially barring Norwegians (more…)

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