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TOMMY SHEPHERD: What do Delaware’s early sports betting numbers tell us about Mississippi’s potential?

Recently, the State of Delaware released data from the first 20 days of sports wagering in the state. These numbers may provide some insight into the anticipated success of sports betting in Mississippi. But first, let’s review what some of the experts have previously estimated gross gaming revenue (“GGR”) from sports wagering could be in the Magnolia State. On May ...

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BEN WILLIAMS — The one 2018 U.S. Supreme Court opinion to read

The U.S. Supreme Court wrapped up the sitting portion of the 2017-2018 term on June 28, 2018. The nine lifetime Justices left 59 signed merit opinions and a stunned public in their wake. The June opinion releases overshadowed the term. In rapid fire decimation of liberal aspirations, the Court announced a slew of controversial, conservative opinions. Swing vote Justice Anthony ...

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Analysis: ‘Uniform justice’ a tall task for sentencing group

Do some Mississippi judges sentence criminals more harshly than others? Do black defendants get longer sentences than white defendants? And if so, should the state try to get judges to do something about it? Those are some of the thorny questions that could be answered by the Sentencing Disparity Task Force, a group of 14 elected officials, lawyers, judges, and ...

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BILL CRAWFORD: Mississippi GOP candidates quiet on Trump tariffs and bailout

Agriculture is a huge part of Mississippi’s economy and soybeans are a major export.   The tariffs imposed by President Donald Trump, particularly on China, have resulted in retaliatory tariffs impacting U.S. exports, including soybeans.    “Tariffs are the greatest,” Trump recently tweeted. But when farmers and farm state politicians started complaining, Trump suddenly came up with a scheme to provide a ...

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MATTHEW McLAUGHLIN — Show me the money

Having served as lead, co-, or local counsel on greater than $10 billion in debt and equity financings, I have experienced transactions that have closed relatively smoothly and I have also seen transactions fall apart at the closing table. Regardless of whether your company is raising debt or equity, there are some common themes and best practices that business owners ...

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STEAK WARS — Koestler Prime strikes first

An hour after the city of Ridgeland issued its last permit to the restaurant mid-afternoon last Thursday, Scott and Julie Koestler decided – what the heck – let’s open tonight. And so they did. Julie posted it on Facebook. But it was not like there was  a complete  surprise to the opening of Koestler Prime in Renaissance at Colony Park. ...

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ALAN TURNER — Adding up the benefits of healthy workplaces

There are many reasons why employers should adopt and support workplace wellness programs for their employees, but for our purposes, let’s consider just two of these. First, workplace wellness programs make major contributions to the health and happiness of employees and their families, and in many cases, have actually saved lives. More on this later in this article. Second, workplace ...

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THE PARTNERSHIP LAWYER — New IRC Sec. 1061 three year holding period requirement

The new tax cut and Jobs Act adds section 1061 to the Code, addressing the taxation of “applicable partnership interests.” Under the provision, if one or more “applicable partnership interests” were held by a taxpayer at any time during the tax year, some portion of the taxpayer’s long-term capital gain with respect to those interests may be treated as short ...

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Analysis: Even modest revenue growth good news for lawmakers

End-of-the year revenue collections suggest Mississippi’s lawmakers could have a little extra money to spend when they return for their election-year session in January 2019. Preliminary numbers released by the Legislative Budget Office show that thanks to strong May and June collections, the state’s General Fund ended $88 million over the level that budget writers had estimated back in the ...

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BILL CRAWFORD — Is government the problem or part of the answer to rural poverty?

Rural poverty skyrockets as jobs move away,” read a headline on TheHill.com.  “The number of rural Americans living in poverty has skyrocketed in recent years amidst an economic evolution that has cost hundreds of thousands of manufacturing and mining jobs.”    The problem is twofold, the article says – key employers in rural areas have shut down or moved away and educated ...

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