House Bill 86, which would create a legal sports betting market in Georgia, is sponsored by six representatives.
US.- A bill that would legalise sports betting in Georgia has been introduced to the state’s House of Representatives.
House Bill 86, also known as the Georgia Lottery Mobile Sports Wagering Integrity Act, would amend Chapter 27 of Title 50 of the Official Code of Georgia by adding a section on sports betting.
If the bill is passed, Georgia’s Lottery Corporation would regulate the sports betting market and would be responsible for the licensing process.
In terms of licensing, operators would pay an initial fee of $50,000 then a yearly payment of $900,000 to retain the licence. Sports betting revenue would be taxed at 16 per cent.
A debate on legalising sports betting in Arizona also advanced last week after Governor Doug Ducey expressed his support in a document sent to state lawmakers.