Business

Total 196 Posts

New machines, games help video lottery revenues rebound in SD

Eight years after a smoking ban dealt South Dakota video lottery owners a heavy blow, the industry has quietly remade itself, last year recording nearly its highest revenue in 30 years. The games brought in $221 million in fiscal 2018, substantially higher than the $176.6 million achieved at the

Lawmakers spar over potential reduction in state sales tax rate

A debate is raging in Pierre this legislative session over how – and some say even if – taxpayers will see a reduction in the sales tax rate now that South Dakota has begun to collect new money from online retailers. When it comes to legislative intrigue, the contentious wrangling over the

Governor proposes higher payment rate, grant program for nursing homes

South Dakota Gov. Kristi Noem on Wednesday announced a plan to aid South Dakota’s financially troubled nursing home industry by raising the rate of Medicaid payments and providing $5 million in grants to facilities that innovate. Noem shared her ideas as part of her first budget address to both

Jobs abound, but low wages hamper South Dakota workforce

Jobs are plentiful in South Dakota, but most positions pay far below the national average and lower than neighboring states. In fact, South Dakota has the third-lowest average wage for employed people in the country behind only Arkansas and Mississippi. A News Watch analysis shows that the lowest-paying jobs — in

Breaking news: Shopko plans to close Chamberlain, Custer stores

The struggling ShopKo retail chain has added Chamberlain and Custer to the growing list of small towns in South Dakota that will lose their only department store in the coming months. A spokeswoman for the Wisconsin-based retail chain said Thursday that it will begin liquidating merchandise at its stores in

Economic fears follow ShopKo store closures in SD small towns

WAGNER, S.D. – The pending closure of ShopKo department stores may have devastating effects on six South Dakota small towns that will suffer job losses, decreased access to basic necessities and reductions in sales-tax collections that could limit municipal services. The announcement that the retail chain will close several stores

In 30 years, gaming has revitalized and challenged Deadwood

As Deadwood saunters into its 30th year with legalized gaming, the Wild West town made famous by Wild Bill Hickok, Calamity Jane and a posse of other western legends, doesn’t resemble its former self. The historic place perched in the highest reaches of the northern Black Hills once glittered
You've successfully subscribed to South Dakota News Watch
Great! Next, complete checkout for full access to South Dakota News Watch
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.