SuperTalk FM
Lawmakers nearing compromise on Medicaid expansion plan amid gridlock
SUMMARY: Mississippi Senate conferees, after initially missing a meeting, are now open to negotiating Medicaid expansion with the House. The Senate’s original proposal covers individuals up to 100% of the federal poverty level with a work requirement, while the House’s plan aims for 138%, potentially benefiting 200,000 residents. The Senate’s compromise includes managed care up to 100% and federal exchange coverage between 100% and 138% of the poverty level. The federal government would cover 90% of expenses and the state 10%. Both plans necessitate a work requirement, with the Senate ready to legalize such measures. Governor Tate Reeves, a Medicaid expansion opponent, facilitated Medicaid reimbursements for hospitals, as Mississippi remains among the 10 states without expanded Medicaid coverage. Any passed proposal would likely have to be resistant to a gubernatorial veto.
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Meridian native Rodney Hood announces retirement from NBA
SUMMARY: Rodney Hood, a native of Meridian and a former NBA player, has announced his retirement after eight seasons in the league. Hood, a first-round pick by the Utah Jazz in 2014, played for several teams, including the Cleveland Cavaliers, where he reached the NBA Finals in 2018. His career was marred by injuries, including an Achilles tear that limited his performance. After a brief comeback attempt with the Memphis Hustle in the G League, Hood decided to retire. He now plans to coach and mentor young players, drawing on his experiences and challenges throughout his career.
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Mississippi recorded $21.5 million drop in Q3 gaming revenue
SUMMARY: Mississippi casinos experienced a revenue decline in the third quarter of 2024, contrasting with the overall growth of the U.S. gaming industry, which reported an 8.1% increase. Mississippi’s gaming revenue fell by 3.5% to $605.8 million, following a 2.3% decrease in the second quarter. This marks two consecutive quarters of downturns after a strong start to the year. Despite legal sports betting in the state, revenue could improve with the legalization of mobile sports betting, which was proposed but failed to pass this year. Lawmakers aim to revisit this issue in the 2025 session.
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Long Beach amends lease to begin process for developing casino
SUMMARY: During a Long Beach Board of Aldermen meeting, a unanimous decision was made to restate a lease agreement for a casino development in an area without casinos along the Mississippi Gulf Coast. This follows earlier lease negotiations with Long Beach Harbor Resorts for land where an old Kmart was located. Mayor George Bass noted amendments are needed before the final ratification at the next meeting, with plans for a 40-year lease allowing extensions. The city anticipates $500,000 in annual gaming revenue during the initial years. Construction must begin within three years, with gaming operations launched within five years.
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