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Melton deemed sports betting essentially a lottery game, meaning it could be overseen by the Georgia Lottery Corp., which voters already incorporated into the constitution in a 1992 statewide ...
Casinos would produce much more economic impact than sports betting, Sen. Carden Summers, R-Cordele, chief sponsor of Senate Resolution 538, told committee members Thursday.
As of September 2023, sportsbooks are legal in 38 states, the District of Columbia, and the territory of Puerto Rico, Online sports betting also legal in 30 states, Washington D.C. and Puerto Rico. The American Gaming Association reported a 2022 handle of $93.2 billion and a revenue of $7.5 billion in commercial sportsbooks. [ 26 ]
Adding fantasy sports could generate $40 million to $50 million a year in Georgia on top of the estimated $100 million sports betting expected to be raised in the Peach State annually, said an expert.
Gambling was banned in Georgia during the Soviet era. [1] In the 2000s, gambling experienced significant growth in Georgia. In 2013, a minimum of 1.4% of the State Budget for Georgia was from gambling sources; while in the late 2010s continuing on through the present, problem gambling has become a rather significant issue in Georgia. [2]
Georgia senators passed a bill to allow sports gambling Thursday, but not before deciding that the measure also requires a state constitutional amendment, throwing ultimate passage into doubt. The ...
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