Staff Analysis of the Legislation
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This legislation, mirroring HB 158, legalizes gambling in Georgia. Two casino licenses will be granted. One license will be granted within a county having a population of at least 900,000, will be at least a $2 billion investment, located in a convention district and have a hotel with at least 1000 guest rooms. The other license will be granted within a county with at least 250,000 people, be at least a $450 million investment, and located near a convention district. Casinos can be open 24 hours a day, every day of the year, and will pay a 20-percent tax on gross receipts - 70 percent of proceeds go to the HOPE scholarship and 30 percent will go to a needs-based college scholarship. . . |