Miss. Code Ann. § 75-76-187: Continuing operations and transfer of license; credit for prepaid license fees.

(1) If the commission approves the issuance of a license for gaming operations at the same location, within thirty (30) days following a change described in subsection (2) of this section, for the purpose of Section 75-76-177 and Sections 75-76-181 through 75-76-191, inclusive, the gaming license shall be deemed transferred and the previously licensed operation shall be deemed a continuing operation.

(2) Credit must be granted for prepaid license fees as described in subsection (1) if:

(a) The securities of a corporate gaming licensee are or become publicly held or publicly traded and the gaming operations of that corporation are transferred to a wholly owned subsidiary corporation;

(b) A corporate gaming licensee is merged with another corporation which is the surviving entity and at least eighty percent (80%) of the surviving entity is owned by shareholders of the former licensee;

(c) A corporate gaming licensee is dissolved and the parent corporation of the dissolved corporation or a subsidiary corporation of the parent corporation, at least eighty percent (80%) of which is owned by the parent corporation, becomes the gaming licensee.