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Biloxi Mayor Worried About Losing Casino Revenues

BILOXI, Mississippi – As reported by the Biloxi Sun Herald: "The cash-strapped 2005 Legislature has Biloxi Mayor A.J. Holloway sweating bullets, worried it might try to take gambling tax money from local governments that have casinos.

"Such a move, Holloway said, would be devastating to his city, which relies on casino revenue for about 35 percent of its budget, and for South Mississippi.

"So, this week, he was haunting the Capitol halls, doing a little preemptive lobbying. He said he plans to be a frequent visitor over the next couple of months.

"…As of late in the week, no bills had been filed to specifically take local gambling taxes away, but several have been filed that would put gambling tax laws on the table and possibly allow such a change.

"…Mississippi taxes casinos at 12 percent, with the state keeping 8 percent and local governments, police departments and schools in areas with casinos splitting the remainder…"

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