Treasurer Fitch warns bond bill spells trouble for credit rating

By TED CARTER You can expect the confidence national debt rating agencies have in Mississippi’s debt repayment abilities will be diminished by the Legislature’s approval of about $560 million in new debt in a year revenues are $100 million below projections and dropping still further,
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Despite declining revenues, Mississippi makes $415 million in tax cuts over 12 years – Mississippi Business Journal

Democrats provided the crucial votes Monday in the Mississippi Legislature to approve $415 million in tax cuts, with some lured by the promise of construction projects paid for with borrowed money. The House voted 73-44 Monday to approve a House-Senate agreement on Senate Bill 2858, w
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IT’S OVER — Mississippi Legislature adjourns 2016 session – Mississippi Business Journal

The Mississippi Legislature has concluded its 2016 session. The House of Representatives adjourned for a final time Thursday after meeting briefly and disposing of a procedural block on one bill. That measure allows people in designated districts in certain places to carry alcoholic b
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VictoryLand looks beyond Alabama Supreme Court

The ruling handed down by the Alabama Supreme Court on March 31 will not be appealed by VictoryLand’s legal team; instead, they will look to either federal court or to the United States Supreme Court for relief. In regard to the justices ruling, casino owner Milton McGregor said that
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Survey describes Las Vegas’ average tourist

Steve Marcus Tourists take photos at the Welcome to Fabulous Las Vegas sign Saturday, March 14, 2015, on the Strip. By John Katsilometes (contact) Sunday, April 10, 2016 | 2 a.m. Who are the 41 million people who visited Las Vegas last year? Whence do they originate, and what brought
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Online Poker Revenue To Highest Total In Two Years

The New Jersey online poker industry registered its highest revenue tally since April 2014, largely thanks to the timely entry of PokerStars. In total, the state’s three operators, now consisting of Stars, WSOP/888 and PartyPoker/Borgata, generated $2,461,064 in March, up a cool 23.4
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Gaming board to consider Pinnacle deal

The Louisiana Gaming Control Board is scheduled to consider a deal that would allow Pinnacle Entertainment to sell its real estate assets to the owner and operator of Hollywood Casino Baton Rouge. The board has placed an item on the agenda for its April meeting, which will be held at
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Palace Casino wins nine Best of Dining awards

Palace Casino Resort in Biloxi has won nine Gulf Coast Best of Dining awards from Casino Player Magazine, including Best Overall Dining and an Editor’s Choice Award. The other awards were for Best Service, Best Burger Joint, Best Deli and Best Lane Night Dining for Stacked Grill
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Atlantic City casino operating profits up 40 percent in 201

TLANTIC CITY — As one casino after another went belly up during an agonizing 2014 in Atlantic City, casino industry executives predicted the culling of the herd eventually would benefit the survivors. Statistics released Thursday by the New Jersey Division of Gaming Enforcement proved
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Alabama Supreme Court rules against VictoryLand

The Alabama Supreme Court on Thursday ruled against VictoryLand in a forfeiture case, overturning a lower court’s ruling issued last year in finding that the State of Alabama acted within the law in conducting a raid on the casino’s electronic bingo hall. The decision, which allows th
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