Mississippi Administrative Code
Title 35 - Department of Revenue
Part 5 - Gaming
Subpart 02 - Records
Chapter 01 - Bond Required
Section 35-5-02-01-102

The amount of the gaming licensee's bond shall be calculated based upon the licensee's liability for two (2) weeks of all gaming taxes, one (1) month sales tax, use tax and withholding tax liabilities, but in no case shall the bond amount be less than $250,000. The amount of the manufacturer's or distributor's bond shall be calculated based on any tax liabilities due to the State of Mississippi for an average three (3) month period. The bond amount will be reviewed once a year by the Commissioner or his designated agent to determine if it is sufficient. The Commissioner will give the taxpayer/licensee a sixty (60) day notice when they are required to increase the amount of the bond.