The Senate’s Regulated Industries and Utilities Committee is set to have its first hearing of the bill that would amend the Official Code to legalize casino gambling in Georgia.
Senate Bill 79 is about to have its first hearing in the Regulated Industries and Utility Committee on the 23rd of February. The bill would amend the Official Code and create the regulatory framework for casino gambling in Georgia. According to US gambling news, SB 79 would allow for two casino venues to be built in the state. The venues – one in Atlanta, valued over $2 billion – will have to produce half of their profits from non-gambling related services. The bill proposes a tax rate of 20% on the casinos’ yearly revenues. Part of the tax revenues would go towards education and healthcare.