In a significant move, Horry County in South Carolina has decided to nearly double the surcharge on casino boat passengers. The county’s Administrative Committee has approved an ordinance to increase the surcharge from $10 to $15 per passenger in 2025, and further to $18 by 2030. This decision aims to boost county revenues and address the financial needs arising from the operations of casino boats in Little River. The Big M Casino, the only casino boat operator in the state, will be directly impacted by this change.
Financial Impact on Casino Operations
The new surcharge is expected to have a notable financial impact on the casino boat operations. The Big M Casino, which operates two gambling boats, will see a significant increase in operational costs. This surcharge hike is projected to generate additional revenue for the county, which has already benefited from $15.6 million since the casino boats began docking in Little River in 2008. The increased revenue will be used to fund various county projects and services, ensuring that the community benefits from the casino operations.
The decision to increase the surcharge was not made lightly. County officials conducted thorough research and consultations before arriving at this decision. They considered the economic benefits and potential drawbacks, ensuring that the new surcharge would not adversely affect the casino’s business. The goal is to strike a balance between generating revenue for the county and maintaining a thriving casino industry.
The Big M Casino has expressed concerns about the increased surcharge, fearing it might deter passengers. However, county officials believe that the unique experience offered by the casino boats will continue to attract visitors, despite the higher costs. The surcharge increase is seen as a necessary step to ensure the county can continue to provide essential services and infrastructure improvements.
Legal and Regulatory Considerations
The decision to increase the surcharge is backed by state law, which allows counties to impose such fees on casino boat operations. The Gambling Cruise Act provides the legal framework for these surcharges, ensuring that they are implemented fairly and transparently. The county’s ordinance aligns with state regulations, providing a clear legal basis for the increased fees.
County attorney David Jordan emphasized the importance of adhering to legal guidelines while implementing the new surcharge. He assured that the county would follow all necessary procedures to ensure compliance with state laws. This includes regular reviews and adjustments to the surcharge, based on the economic conditions and operational needs of the casino boats.
The legal framework also ensures that the surcharge is used for its intended purposes. The additional revenue generated will be allocated to specific county projects, such as infrastructure development, public safety, and community services. This ensures that the funds are used effectively and benefit the residents of Horry County.
The county’s decision has sparked discussions among other counties in South Carolina, with some considering similar measures. The success of Horry County’s surcharge increase could set a precedent for other regions, leading to broader changes in the state’s approach to casino boat operations and revenue generation.
Community Reactions and Future Prospects
The community’s reaction to the surcharge increase has been mixed. Some residents support the decision, recognizing the potential benefits for the county. They believe that the additional revenue will lead to improved services and infrastructure, enhancing the quality of life in the area. Others, however, are concerned about the potential impact on tourism and local businesses.
Local business owners have expressed worries that the increased surcharge might reduce the number of visitors to the casino boats. They fear that this could have a ripple effect on the local economy, affecting restaurants, hotels, and other businesses that rely on tourism. County officials have acknowledged these concerns and are working to address them through various initiatives and support programs.
The future prospects for the casino boat industry in Horry County remain positive. Despite the increased surcharge, the unique appeal of the casino boats is expected to continue attracting visitors. The county is also exploring additional revenue streams and partnerships to further boost the local economy. This includes promoting other tourist attractions and events to complement the casino boat operations.
The decision to nearly double the casino boat passenger surcharge in Horry County is a strategic move aimed at boosting county revenues and supporting community development. While it presents challenges for the casino operators, the overall impact is expected to be positive, benefiting both the county and its residents in the long run.
