Georgia Considers Legalization of Casino Gaming and Horse Racing
A Georgia committee that is legislative to review techniques to fill a budget space in the lottery-funded HOPE scholarship system held its very first general public meetings in Atlanta on Monday and Tuesday. Proponents associated with legalization of gambling enterprises in Georgia used the chance to introduce their plans as a solution to the funding gap that is serious.
The said legislative committee has up to December 1 to propose feasible methods for increasing funds for the scholarship program. HOPE was initially designed to finance its expenses through lottery profits. But, demand for scholarships exceeded lottery revenue, which sooner or later led to Georgia Gov. Nathan Deal reducing the amount of HOPE recipients back 2011.
State legislators have actually formerly proposed the legalization of casinos and/or horse race within Georgia’s borders but have met quite vocal opposition. Now, while the state is seeking ways to fill the scholarship program’s budget gap, it seems become willing to once again discuss the prospective gambling expansion.
Recently, State Representative Ron Stephens (R-Savannah), Chairman of the home’s Economic Development and Tourism Committee, proposed a constitutional amendment, which called for the establishment all the way to six gambling enterprises in Georgia, but a maximum of two in a given area.
The gambling venues would be charged millions of dollars for licensing fees if Rep.Read More