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Casino gaming revenues in U.S. top $16B in second quarter

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www.wxxv25.com – WXXV Staff – 2023-08-16 09:43:13

SUMMARY: The U.S. commercial gaming sector recorded its 10th consecutive quarter of annual growth in Q2 2023, reaching a record $16.07 billion. This represents an 8.1% increase on Q2 2022. However, Mississippi was one of three U.S. states not to record year-on-year growth. Tunica, in particular, showed a significant revenue decline. On the other hand, the online sports betting and iGaming sectors significantly contributed to the industry’s growth. Total revenue from these sectors increased by 43.1% year-on-year in Q2.

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MGCCC receives $7.1 Million RESTORE Act Grant to advance nation’s first statewide AI initiative

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www.wxxv25.com – WXXV Staff – 2024-11-13 16:03:00

SUMMARY: The Mississippi Governor’s Office announced a $7.1 million RESTORE Act grant for the Mississippi Gulf Coast Community College to enhance the Mississippi Artificial Intelligence Network (MAIN). This initiative, the nation’s first statewide AI program, aims to transform Mississippi’s economy and workforce through AI education and training. The funding will establish an AI hub on the Gulf Coast to provide advanced training in high-demand fields like machine learning and data science. This initiative is expected to drive economic growth, foster innovation, and create a skilled workforce, positioning Mississippi as a leader in the national AI landscape.

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Mississippi’s $110 Million Investment Lays Foundation for Future Economic Development Success

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www.wxxv25.com – WXXV Staff – 2024-11-13 15:36:00

SUMMARY: Governor Tate Reeves announced Mississippi’s investment of over $110 million aimed at boosting economic development, infrastructure, workforce training, and tourism. More than $97 million will enhance site development and infrastructure projects to stimulate private sector investments and job creation. Key initiatives funded include the Site Development Grant Program, which allocates funds for various industrial sites across the state. Additionally, funding will go towards improvements in education, workforce training, and essential infrastructure in various counties. Reeves emphasized the significance of this funding in maintaining Mississippi’s economic growth and increasing high-paying job opportunities for residents.

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Trump makes a victor’s return to Washington and pledges a ‘smooth’ transition of power from Biden

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www.wxxv25.com – WXXV Staff – 2024-11-13 12:19:00

SUMMARY: Donald Trump returned to the White House for a nearly two-hour meeting with President Joe Biden, marking a significant political comeback after his defeat in 2020. Initially rivals, both leaders emphasized a commitment to a smooth transition of power. Trump, who left Washington as a diminished figure in January 2021, now prepares to assume power again, supported by a Republican resurgence. During the meeting, Trump acknowledged the challenges of politics and expressed gratitude for the transition process, contrasting his current demeanor with his earlier nervousness when meeting President Obama. The occasion highlighted Trump’s regained dominance within the GOP.

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