2022-05-24

Georgia Horse Race Betting Struck Down by State Senate

Georgia Horse Race Betting Struck Down by State Senate

Bill misses two-thirds vote requirement

The Georgia Senate struck down a constitutional amendment that would have allowed citizens to vote on legalizing horse race betting.

I am disappointed in my colleagues.”&nbsp

“I am disappointed in my colleagues,” stated Chickamauga Republican Senator Jeff Mullis following the measure failed. “I was actually hoping you would let this go to the ballot. That’s all this does is send it to the ballot.”

State Senators voted 33-20 in favor of Senate Resolution 131, but did not meet the two-thirds requirement for it to get on the ballot both Republicans and Democrats voted in favor of the bill. This implies that the plan, even though supported, will not be progressing to the Residence and will not go to the public for a vote.

Senate Bill 212 was drafted in conjunction with Resolution 131 and would create 5 horse racing tracks in Georgia. Proponents pointed to widespread economic positive aspects which integrated tax income for education, well being care, and other areas.

Academic horse racing study

The Senate also referenced a Georgia Southern University study that located horse racing could increase the state economy by $1.28bn annually. The identical study also revealed that upwards of 15,800 jobs could be designed inside the decade.

We must be rolling out the red carpet for this business.”

“We ought to be rolling out the red carpet for this sector,” stated Alpharetta Republican Senator Brandon Beach.

Opponents of the bill felt that horse racing could not survive with out slots and other so-known as “vices” of gambling. The bill would have banned these.&nbspCritics also pointed to the increases in addiction and controversial moral standing as motives of objection. This comes despite the state’s lottery collecting hundreds of millions per year.

Ramifications of the vote

In a 2019 report, the Lewis Group estimated that Georgia horse racetracks would create an economic output from operations of almost $1.8bn in the initial year and $9m over the 1st 5 years, and this assumed the state would have 3 racetracks, not 5. From that, the state and nearby communities would receive $1.4bn in tax income in the very first 5 years.

By striking down horse race betting, Georgia is placing a pause on advancing toward a future with widespread sports betting. This has been the trend of the nation in recent years as states continue to push for legalization and, after passing legislation, incorporate betting with other facets of sports.

Everyday fantasy sports are active in Georgia, although conventional sports betting is nonetheless illegal. All DFS players must be 21 and internet sites should operate within the regulations set by the Georgia Lottery. Any future sportsbooks licensed to operate in Georgia will likely report to the state lottery, as effectively.

The Georgia legislature has not successfully passed gambling legislation since 1992. The Residence has been specifically unreceptive, though Home Speaker David Ralston recently mentioned there was increased interest in the matter.

“There is an appetite this session that I hadn’t seen prior to to do anything,” Ralston mentioned in January.

Senate Bill 142, another sports betting-related piece of legislation, is nonetheless making rounds in the Residence. Georgia horse race betting could be revisited if it comes to a vote.