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Mississippi gaming bonds.
From $100.

As a condition of a gaming license, the Mississippi Gaming Commission can require an establishment to post a bond payable to the State of Mississippi — backing license fees, taxes, penalties, interest, fines, and the faithful performance of the license conditions. The Commission sets the amount; the price is 2% of that amount, $100 minimum.

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Required as a condition of a MS gaming license under Miss. Code § 75-76-85
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Backs license fees, taxes, penalties, interest, fines, and faithful performance of the license conditions
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No credit check up to $30,000 — above that, a soft pull at most, which never affects your score
2% of amount$100 minimum — exact price in the calculatorInstantapproval for mostNo credit check up to $30,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Mississippi gaming bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard gaming bond — enter your amount, pay, and file with the Gaming Commission. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Commission set, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay. No credit check up to $30,000. Above $30,000, a soft pull may add a short review.

SAME DAY

File with the Gaming Commission

Submit the executed bond as a condition of your license. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the gaming bond actually covers

Mississippi licenses gaming establishments under the Mississippi Gaming Control Act (Miss. Code § 75-76-1 et seq.), administered by the Mississippi Gaming Commission. As a condition of issuing a license, the Commission can require the applicant to post a bond payable to the State of Mississippi.

Under Miss. Code § 75-76-85, the bond is conditioned upon the payment of license fees, taxes, penalties, interest, and fines, and upon the faithful performance of all requirements imposed by law, regulation, or the conditions of the license. The amount is set by the Commission, so it varies by establishment.

An applicant may deposit cash or another form of security the Commission authorizes in lieu of a bond — but the surety bond costs a fraction of tying up that much capital. If the establishment defaults, the state can recover against the bond, and if the surety pays, you repay the surety. Enter the amount the Commission set; pricing is variable, from $100, and no credit check up to $30,000.

Miss. Code § 75-76-85Under the Mississippi Gaming Control Act, Miss. Code § 75-76-85 lets the Mississippi Gaming Commission require, as a condition of a gaming license, a bond executed by the applicant as principal and a qualified surety, payable to the State of Mississippi and conditioned upon the payment of license fees, taxes, penalties, interest, and fines and the faithful performance of all requirements imposed by law, regulation, or the conditions of the license. Cash or other authorized security may be deposited in lieu; the amount is set by the Commission.

You need this bond if you are

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Applying for a MS gaming license the Commission conditions on a bond
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A casino or gaming establishment posting security for fees, taxes, and license conditions
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Renewing a license whose bond requirement is continuing or being re-set
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Choosing a bond over a cash deposit to avoid tying up capital with the Commission
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Gaming Commission. Submit the executed bond as a condition of your license. Wet-ink originals mailed whenever the Commission insists.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $30,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with the bond amount the Commission set — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Mississippi gaming bond?The price is 2% of your bond amount, $100 minimum. The amount itself is set by the Gaming Commission as a condition of your license, so it varies. Enter the figure the Commission set and see your exact price at the application.
What does the bond guarantee?It backs the payment of license fees, taxes, penalties, interest, and fines, and the faithful performance of all requirements imposed by law, regulation, or the conditions of your license. If you default, the state can recover against the bond.
Is there a credit check?No credit check up to $30,000. Above that, the carrier may run a soft pull, which never affects your score. At the amounts shown — most applications approve instantly.
Can I post cash instead?Yes — the statute lets you deposit cash or another form of security the Commission authorizes in lieu of a bond. Most licensees use the surety bond rather than tie up the full amount in cash.
Who sets the amount?The Mississippi Gaming Commission sets the bond amount as a condition of your license. Confirm the figure on your licensing correspondence, or send it to us and we will issue the bond at that amount.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Gaming bond, issued today.

Pricing from $100. Enter the amount the Commission set and file the same day.

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