The Georgia Lottery Commission has gotten a study to check the potential and feasibility for establishing casinos in Georgia.
Spectrum Gaming Group has put together an 84-page report for that GLC, delivered for your Governor to review last week. The report has a bidding process, regulation, revenue streams, forms of games and machines, and locations for this type of move.
Jim Galloway with the AJC filed a request to the report, which he has graciously shared. (Be warned, this is a large download and may even take some time.) The report indicates that the possible revenue that might be realized for the state of Georgia could approach one billion dollars - no small sum for any state that has spent the very last several years wanting to close budget gaps of similar size.
The report analyzed the potential for a casino at several different locations in Atlanta and at Savannah and/or Jekyll Island. Such locations would generate revenue for that state using the upfront auction of casino applications and on annual licenses and tax receipts. The upfront application fee, though, couldn't be too large, or it might hamper the newest site's capacity to generate revenue to come.
The six Atlanta locations were determined to be in downtown Atlanta, Cobb County from the Galleria, DeKalb County nearby the intersection of I-20 and I-285, South Cobb County near Six Flags, Clayton County at the airport, and the Lake Lanier area in Gwinnett County.
The two locations with the highest potential gross gaming revenue (GGR) were the downtown location ($791.5 M) and the Galleria locations ($788.2 M). The DeKalb option was analyzed to possess a potential GGR of $770.2 M. Clayton County includes a projected GGR of $741.8 M, as the South Cobb and Lake Lanier option had the cheapest projected GGR.
The plan using the most potential income for Georgia included one casino within the Atlanta area, one casino within the Savannah area, and one in the Jekyll Island area. The sites were evaluated based on proximity to other tourist attractions, as the new casino inside Atlanta area would attempt to enhance the city's tourism aspects.
The study also drew upon evaluations of other states' programs, like Indiana, Pennsylvania, and New Jersey, as well as looking abroad to Singapore's gaming control board. It suggested a robust regulatory framework, supplied with the Georgia Lottery Corporation, to be sure honest gaming and prevention of potential corruption.
The report projects that this earliest hawaii could start seeing revenue in the passage of the gaming bill was 2014. Considering how long it loved move a Sunday alcohol sales bill forward, this kind of fast-track might not be possible. Talk has previously been do about casinos in check here Atlanta, but was quickly sloughed off. If there is support from Georgia's us president this time, then your plan could talk with a different fate.