Casino Legislation in Georgia Falls Flat

A bill to legalize casino gambling in the state of Georgia has been on the table for some time, expected to be voted upon over the past few days in Committee. Since last year, efforts have been made to see Georgia offer Las Vegas-style casino gaming, with Senate Bill 79 being a possiblity to finally allow casinos in the state. The bill was proposed by Senator Brandon Beach and would create two casinos, but the measure was unable to receive the support it needed and did not moved out of committee. Senate Bill 79 has now been declared dead for 2017.

Beach stated that his bill was unable to receive the votes needed to move out of committee so he will be working in the future to prepare the bill for 2018. The measure would have given residents in Georgia the ability to decide if they would like to see casino gaming in their state. The two casinos would have been destination resorts, with one located in the metro Atlanta area. The minimum investment for this casino was set at $2 billion.

The second casino would have been in another area, with cities such as Savannah, Augusta and Columbus on the list for consideration. According to Beach, the two casinos would have provided the state with tax revenues of $450 million every year. This amount would be created via the 20% tax rate proposed by the Senator.

Georgia is one of ten states in the US that does not have casino gaming. Residents of Georgia currently travel outside the state to be able to enjoy casino gaming. As much as $600 million has been estimated to be spent by Georgians each year at gambling venues in other states. For now, that money will continue to travel out of state until Beach can revive his casino bill or other efforts are made to provide casino gaming to Georgia residents.

 

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