Seth Schorr, the CEO of Fifth Street Gaming, said Las Vegas tourism would benefit if laws and regulations allowed casinos to host cannabis lounges and allowed their customers to have it delivered to their hotels.
Schorr made his remarks at a panel discussion this week hosted by the Cannabis Policy Institute and International Gaming Institute on the campus of the University of Nevada Las Vegas.
The discussion included cannabis operator David Goldwater and former Nevada Gaming Control Board member and UNLV law professor Terry Johnson.
When recreational cannabis use was legalized a decade ago, regulators were cautious, since cannabis use is illegal at the federal level. But Johnson mentioned the option to revisit the issue in the future.
“Now it’s been a decade and the question is, is it time we push the envelope?” Schorr said. “In Las Vegas, we’re competing against other jurisdictions. Online gaming wasn’t a thing 10 years ago. Visitation is down in Las Vegas. We need every tool in the toolbox as a city to drive visitation. Maybe 10 years ago, you had to be conservative, but today it’s got to be on the table.”
Johnson said they didn’t want to encourage federal oversight of the Nevada gaming industry. Casinos have also been leery, fearing being at risk of federal banking laws.
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