Georgia Sports Betting Bill Yet To Move Out Of House Committee

An effort to legalize sports betting in Georgia (Senate Bill 386 and Senate Resolution 579) remains stagnant in the state's House of Representatives. With just three days left in the state's legislative session — the session ends Thursday — time is running out to pass the legislative effort.

The state's House Higher Education Committee met Monday, and the sports betting bill was discussed, but there wasn't a vote on the bill.

A few changes to the bill were made, including raising the tax rate from 20% to 25%. Tax revenue distributions were tweaked, with unspecified amounts set to benefit the state's HOPE Scholarship fund, pre-K education, capital improvements, and teacher training.

The bill would not legalize daily fantasy sports sites, but would bring up to 16 betting apps to Georgia. Wagering on both college and professional sports would be allowed.

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