Lawsuit against VGW’s social casinos in Georgia
A class action lawsuit against virtual gaming company VGW has brought into question the legality of social and sweepstakes gambling websites in Georgia.In this lawsuit,...
Georgia reviews mobile sports betting legislation
A measure to legalize mobile sports betting in Georgia was recently considered by the House of Representatives.
This law would allow sports bettors to use mobile phones to make wagers. The House Higher Education Committee heard the measure for the first time, but there hasn’t been a vote on it yet.
Sixteen licenses for online sports betting would be available if the measure is approved, some of which would be connected to Georgia’s professional sports clubs. Companies that offer daily fantasy sports also wish to be part of the measure. In addition, the plan would impose a tax of 20 percent, permit wagering on college sports, and mandate that accounts be filled exclusively with cash. Sports betting would be governed by the Georgia Lottery, and license applications and renewals would incur costs.
Before a complete vote, the House would need to merge the measure with a constitutional change, according to the chair of the committee. While some groups worry about the social consequences of gambling, others support the law in the hopes that it would increase tax revenue.
The Georgia General Assembly will reconvene on March 28, providing a constrained window of time for the bill’s decision.
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Georgia’s sports betting bill fails over tax dispute
There was an attempt to legalize sports betting in Georgia, however there were issues with the way the revenue from taxes would be used.The division of tax revenue...
