December 13, 2018

December 13, 2018

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December 12, 2018

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December 11, 2018

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Mississippi Gaming Commission Adopts Final Sports and Race Book Regulations

On Thursday, June 21, the Mississippi Gaming Commission (“MGC”) took a major step toward the goal of licensed sports and race books in state casinos by adopting governing regulations. A copy of the final regulations can be accessed here.

Differences between the draft regulations and the final regulations, as adopted, indicate that betting using smartphone apps while on casino properties will be permitted, as will establishing wagering accounts off-site subject to account holder identity verification at the casino property.

The next steps include:

  1. Licensing of manufacturers and distributors to provide sports betting services, systems, and equipment;
  2. Amendment of casino internal controls; and,
  3. Gaming lab approval of systems and equipment.

Several companies have already filed licensing applications, and the MGC staff is busy conducting due diligence investigations of the applicants and their principals.

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About this Author

Zachary Branson, Jones Walker Law Firm, Jackson, Business and Transaction Attorney
Associate

Zachary W. Branson is an associate in Jones Walker's Business & Commercial Transactions Practice Group, working in the Jackson office. Mr. Branson's practice includes commercial real estate, commercial transactions, and corporate counseling. He has experience in complex, multi-forum litigation and has represented clients in a range of industries, including construction, manufacturing, and entertainment.

Mr. Branson received his juris doctor degree from the University of Virginia School of Law, where he served on the Editorial Board of the...

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Thomas Shepherd, Gaming Attorney, IAGA President, 2014, Jones Walker Law FIrm
Partner

Tommy Shepherd is a partner in the firm’s Business and Commercial Transactions Practice Group. As an accomplished gaming attorney, he served as President of the International Association of Gaming Advisors (IAGA) in 2014.

Tommy represents major casino companies, Native American tribes, manufacturers, suppliers, and financial institutions regarding all matters relating to the development, financing, licensing and operation of gaming and resort facilities. His extensive experience in such matters includes public-private leases, financings, land use approvals, statutory and regulatory interpretation and compliance, gaming operations, and administrative hearings. He regularly serves on panels and speaks at national and international gaming conferences. Mr. Shepherd’s clients include many of the largest gaming operators, gaming equipment manufacturers, suppliers, and tribal operators in the world, as well as major private equity and investment banking firms and large commercial lenders involved in secured and unsecured lending, and debt offerings and bond offerings in connection with the development of various gaming projects.

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