Home » Tag Archives: gambling

Tag Archives: gambling

Mississippi regulators could approve sports betting rules

Mississippi gambling regulators are set to vote today on whether to approve final rules allowing sports betting, clearing the way for sports books to open in the state’s 28 casinos in July. The state Gaming Commission has placed the rules on its agenda for consideration Thursday. Commission Executive Director Allen Godfrey said commission staff will propose some slight tweaks to ...

Read More »

3 Mississippi Choctaw casinos plan to offer sports betting

Three casinos run by the Mississippi Band of Choctaw Indians will offer sports betting, but tribal leaders haven’t said when it will start. Betting will be available on collegiate and professional sports, including horse racing, Tribal Chief Phyllis J. Anderson said in a news release this week. The tribe has two casinos, the Silver Star and the Golden Moon, outside ...

Read More »

Mississippi casino revenue fell 2 percent in 2017

Casino revenues fell in 2017 across Mississippi, as slight gains by Gulf Coast casinos couldn’t overcome continued declines at gambling halls along the Mississippi River. State Revenue Department figures released this week show statewide revenue fell 2 percent for the year to $2.08 billion, down more than $40 million from 2016. December was better, with gamblers losing $176 million statewide, ...

Read More »

Developers appeal rejections of Mississippi casino sites

Developers are appealing denials of two casino sites on the Mississippi Gulf Coast. Jacobs Entertainment wants to build a casino in Diamondhead, while RW Development seeks to build one in Biloxi. The Mississippi Gaming Commission on March 16 rejected both sites. Such approval is a key step in getting a casino licensed in Mississippi. In its appeal, Jacobs says Gaming ...

Read More »

Penn National Gaming to buy 2 Tunica County casinos for $44M

Bally’s Casino Tunica and Resorts Casino Tunica are changing hands. Penn National Gaming of Wyomissing, Pennsylvania, said Tuesday that it will pay $44 million to buy the two Mississippi gambling halls, which had been handed over to creditors after bankruptcy. The company already owns three Mississippi casinos, including Hollywood Casino Tunica. Penn National CEO Timothy Wilmott says it will centrally ...

Read More »

Casino revenue falls sharply across Mississippi in February

Gamblers stayed away from Mississippi casinos in February, sending revenue tumbling 10 percent compared with the same month in 2016. State Revenue Department figures show gamblers lost $172 million last month, compared to $190 million in February 2016. The 12 coastal casinos posted revenue of $95 million, down 9 percent from $105 million in February 2016. It was the second-sharpest ...

Read More »

House approves tax, regulation of fantasy sports contests

The Mississippi House has reversed itself and passed a bill to regulate and tax operators of daily fantasy sports contests. House Bill 967 failed Wednesday, but it passed after a second vote Thursday. The bill would set an 8 percent tax and authorize the Mississippi Gaming Commission to regulate fantasy sports contests online or in casinos. Mississippi legalized fantasy sports contests ...

Read More »

Mississippi mulls regulations for fantasy sports betting

Fantasy sports betting operators could soon face an 8 percent tax on their Mississippi revenue. House Bill 967 would establish the tax and authorize the Mississippi Gaming Commission to regulate sports betting operations online or in casinos. The bill passed the House Gaming Committee on Thursday and moves to the full House for more debate. Mississippi legalized fantasy sports betting last ...

Read More »

Casino developers reapply to build 2 new casinos along coast

An official says that developers have reapplied to build two casinos along the Mississippi Gulf Coast whose proposed sites were previously rejected by gaming commissioners. Allen Godfrey, executive director of the Mississippi Gaming Commission, tells The Sun-Herald that developers RW Development and Jacobs Entertainment have reapplied. RW Development proposed building South Beach Casino on the northeast side of Veterans Avenue ...

Read More »