Bill > SR131

This resolution proposes a constitutional amendment to authorize the Georgia General Assembly to legalize and regulate sports betting and casino gambling in the state. The amendment would establish a new gaming commission to oversee licensing, taxation, and regulation of these activities. Specifically, the resolution allows for at least eight casino gaming licenses, with each licensee permitted to operate only one casino facility. The proposed amendment would impose a 20% tax on gross gambling income, with the proceeds to be deposited into a new "Georgia Gaming Proceeds Fund." The first $2 billion collected would be evenly distributed to county governing authorities, and subsequent proceeds would be appropriated by the General Assembly, with at least $500 million annually going to counties until a total of $5 billion is distributed. Additionally, at least 5% of additional proceeds would be allocated to programs addressing gambling addiction. The amendment requires that casino gambling only occur at licensed facilities and prohibits individuals or entities from holding more than one casino gaming license. If ratified, this constitutional amendment would fundamentally change Georgia's current prohibition on most forms of gambling by creating a structured, regulated gambling environment with specific revenue-sharing and oversight mechanisms.

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https://www.legis.ga.gov/legislation/69932