Georgia's Governor Shifts Position On Casino Gambling As New Bill MaterializesLegislation Calls For Two Casinos, Down From Five In Previous Plan |
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A new casino plan in Georgia calls for two, one in Atlanta and the other in one of three cities.
According to the Atlanta Journal-Constitution, the legislation is a scaled-back version of a five-casino bill that was briefly considered last year. The Atlanta casino would need an investment of at least $2 billion, while the other casino in either Savannah, Columbus or Augusta would need at least $450 million.
Gambling would be taxed at a 20 percent rate.
MGM Resorts International has already pitched a $1 billion casino in Atlanta.
Georgia Gov. Nathan Deal last week broke from his previous casino position by saying he no longer opposes the idea. He said he’s willing “to keep the discussion going.”
“We need to be absolutely certain that if a casino bill passes, that it doesn’t adversely impact the lottery program of this state,” Deal added.
A poll conducted earlier this month showed that the majority of Georgians favor casinos.
Georgians spend an estimated $600 million a year at out-of-state casinos.
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