• Fri. Sep 17th, 2021

Georgia Lawmakers Hope to Deliver Casinos, Horse Tracks to Peach State 

BySpeed Casino

Feb 2, 2021

Posted on: February 1, 2021, 03:19h. 
Final up to date on: February 1, 2021, 03:31h.

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Two Georgia lawmakers have launched laws to permit business casinos and horse tracks within the Peach State. 

Georgia Sen. Brandon Seashore carries a doc on the Capitol in Atlanta. Seashore has launched laws to permit horse tracks within the state. (Picture: Atlanta Journal-Structure)

Sen. Brandon Seashore (R) filed a measure final week that will arrange a Georgia Horse Racing Fee. Below Senate Invoice 30, the fee may license as much as three racetracks in Georgia.
Additionally final week, Rep. Ron Stephens (R) launched a decision to ask Georgia voters throughout the subsequent election whether or not they need casinos within the state. That measure is Home Decision 30.
A constitutional modification is required earlier than casinos or horse tracks may start working in Georgia, in response to the Atlanta Journal-Structure.
Constitutional amendments are tough to realize. They require a two-thirds vote in each legislative chambers and a majority vote in a public election.
In earlier years, lawmakers on the Capitol in Atlanta have been unsuccessful in passing payments to broaden playing.
Opponents have argued that playing results in increased crime charges and thrusts households into financial hardship when cash losses mount. 
Sports activities Betting Invoice
Earlier this 12 months, Stephens launched Home Invoice 86 to permit on-line sports activities betting within the state. Stephens is chairman of the Home Tourism and Financial Growth Committee. 
Stephens has stated sports activities betting doesn’t require a constitutional modification. This implies the invoice solely would want a majority vote in every legislative chamber earlier than going to the governor.
Below his invoice, sports activities wagering can be managed by the Georgia Lottery, with proceeds benefitting the HOPE scholarship fund. The lottery was established in Georgia in 1992.

If authorized, HB86 in its present type would require the businesses offering sports activities betting companies to pay a 16 % tax on income.

The invoice’s proponents say sport betting creates jobs and might enhance schooling within the state by pumping cash into the HOPE scholarship fund.  
“We’re again at making an attempt to backfill the HOPE scholarship and pre-k, and the vacation spot resorts, together with the tourism piece, is the way in which to do it,” Stephens advised the newspaper.
The capital metropolis’s 4 skilled sports activities groups have expressed assist for on-line sport wagering. These are the Atlanta Falcons, Atlanta Braves, Atlanta Hawks, and Atlanta United.
Southern States Search Gaming Progress
In pushing sport betting laws, Stephens has stated greater than $1 billion already is being spent on unlawful sports activities betting within the state. 
As well as, cellular sports activities betting turned authorized in Tennessee in November for anybody betting inside the Volunteer State. Chattanooga, a southeastern Tennessee metropolis on the Georgia border, is simply two hours from Atlanta. 

Laws to permit sports activities betting is also up for consideration in different Southern states. These embody Texas, Florida, and Mississippi. 

In Louisiana, legislators throughout the subsequent session in April will determine whether or not to permit cellular sports activities betting or prohibit it to in-person wagers positioned at sportsbooks inside casinos. In the course of the November election, voters in a majority of Louisiana parishes authorized sports activities betting inside their parish. With taxation and different points unresolved, sports activities betting isn’t anticipated to be authorized in Louisiana till a minimum of 2022.

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