News

Nevada sports betting could be a $5 billion industry

Bookmaker Jay Rood at the Race & Sports Book betting counter at The Mirage where crowds place bets for Super Bowl 50 Sunday, Feb. 7, 2016. (Rachel Aston/Las Vegas Review-Journal) Follow @rookie__rae In the late 1970s, as Jimmy Vaccaro tells the story, there were times when ticket
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Biloxi’s Southern Gaming Summit is fun and games

By MARY PEREZ meperez@sunherald.com Twitter: MaryPerezSHBILOXI — This year’s Southern Gaming Summit reflected the belief that people visit casinos for more than slot machines — they go for the fun. Along with new slots to try and educational sessions on the latest tr
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Hearings look into how Pa. casinos can stay competitive

(Harrisburg) — The state House Gaming Oversight Committee has opened a series of hearings this month on how Pennsylvania casinos can remain competitive. The first was held Monday in Dauphin County. As gambling continues to expand in neighboring states, casino operators across th
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Global Gaming Women brings support, events to Coast

Global Gaming Women brings support, events to Coast Global Gaming Women will be an even larger part of this year’s Southern Gaming Summit, sponsoring a luncheon program Tuesday at Island View Casino and hosting a panel discussion Wednesday at 10:15 a.m. moderated by Virginia McD
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Restocked historic tax credits give new life to restoration projects

By TED CARTER Restorations and conversions of historic buildings across Mississippi stalled when the state ran out of historic tax credits are back in motion with the Legislature’s $60 million replenishment of the credits. The $60 million allocation is for five years and limits the st
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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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