Rural Metro Fire Department North Tunica County, MS closing

Declining revenues from the county’s casinos are reportedly responsible for the coming departure from north Tunica County by the Rural Metro Fire Department at the end of next month.

The late May exit comes on the heels of the recent announcement by Pennsylvania-based gaming and racing operator, Penn National Gaming, Inc. (PENN: NASDAQ) that operations at its Resorts Casino Tunica property in Mississippi will cease on June 30, 2019.

According to News Channel 3 WREG Memphis citing a Rural Metro news release…

Subsidy reliant:

Due to the retraction of the gaming industry in the county, the tax base has been reduced to below what the district requires in order for service to be maintained. The news release further states that a subsidy from Tunica County had…