Fitch Affirms Mississippi Gaming Revs at ‘A+’; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the following rating of the state of Mississippi: –$196.595 million gaming tax revenue bonds, series 2015E at ‘A+’. The Rating Outlook is Stable. SECURITY The bonds are limited obligations of the state, payable from Dedicated Gaming Tax Revenue, which is an allocation of gross gaming tax revenue less a portion allocated to local government. Debt service is not subject to appropriation. KEY RATING DRIVERS GENERALLY DECLINING REVENUE STREAM: