Atlanta Casino Bill

Georgia has a bill moving through its state legislature which would provide up to six land-based casino licenses. MGM Resorts International wants in on the ground floor of Georgia’s casino gambling, and has pledged to build a $1 billion gaming complex in Downtown Atlanta. Georgia casino bill would benefit HOPE Scholarship. Casino developers would be required to invest $1 billion in the Atlanta-area casino and $200 million for a license in other parts of the.

Georgia’s casino bill that would put a billion-dollar casino in Atlanta—possibly from MGM Resorts International—is in trouble.

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According to a report from the Atlanta Journal Constitution, a Senate committee hearing planned for Thursday has been scrapped. There was supposed to be a vote on the proposal.

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There’s an early March deadline for the bill being able to move out of the Senate and into the Assembly, according to the report.

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The bill would not officially be dead if it still sits in the Senate after Mar. 3, but it would make it even more of a long shot, according to legislative procedure in the Peach State.

That was the case for last year’s efforts.

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Thursday’s cancellation comes despite the governor shifting his position on casinos. The revised bill called for just two Las Vegas-style facilities, down from 4-5 that were proposed in a previous bill.

The proposed tax rate on casino revenue is 20 percent. Georgians spend an estimated $600 million each year at casinos in other states.

Atlanta Casino Bill Pass

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