Nevada game leaders deal with the future of marijuana in casinos – tech2.org

Nevada game leaders deal with the future of marijuana in casinos



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LAS VEGAS (AP) – A committee that explores the effects of recreational marijuana on the Nevada gaming industry is struggling with how state casinos could deal with the marijuana business without affecting federal law.

Attracted by a potential impact on the tens of millions of dollars, Governor Brian Sandoval's Gaming Policy Committee is trying to discover how casinos can host conventions and fairs about marijuana.

The 12-member committee ended its meeting on Wednesday without a formal decision on it but, according to Sandoval, expects to have recommendations from the committee for possible regulations before February.

The Nevada Gaming Commission has discouraged licensees in the past from engaging in the marijuana business, fearing a legal reaction. The members of the committee have also expressed their opposition to the idea of ​​allowing the use of marijuana in tourist centers.

However, events such as MJBizCon, a conference on various aspects of the marijuana growing industry, have attracted the attention of the gaming industry due to its strong participation.

Cbadandra Farrington, who started the conference, told the committee that the event attracted some 18,000 people to the Las Vegas Convention Center last month and that it is only expected to grow. He noted that marijuana products are not allowed in the showroom and people who violate that rule are expelled.

Fairs such as the Farrington conference can generate millions of dollars in tax revenue, said Deonne Contine, director of the Nevada Department. Taxes. Contine told the committee that a show with close to 15,000 people can produce an economic impact of $ 28.2 million in the city.

Attorney Brian Barnes said that any marijuana business in gambling facilities could be considered organized crime or money laundering under federal regulations.

The marijuana business is illegal in virtually every aspect of federal law, "said Barnes.

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