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Jackson council weighs option to sell 93 acres for proposed casino site

Regulation

Jackson City Council considered an ordinance on 6 October authorising Mayor John Horhn to negotiate an option to sell 93 acres of city-owned land to LeFleur Development LLC. The developers would pay $111,000 for the land if state lawmakers allow a casino in Jackson; the council suspended the request while seeking more details.

The council has not approved negotiations, and any land sale depends on state lawmakers allowing a casino in Jackson.

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Regulation

Brazil finance ministry weighs betting secretariat's future amid proposed ban

Brazil's Ministry of Finance is considering reducing or closing its Secretariat of Prizes and Betting if sports betting and online casinos are prohibited, according to a media report. Options include retaining basic functions to monitor illegal activity and lotteries or ending the secretariat. The report cites projected annual betting revenue of R$2.5bn that would be at risk under a ban; no prohibition has been enacted in the material.

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