The Georgia Lottery Commission has brought a study to check the potential and feasibility for establishing casinos in Georgia.
Spectrum Gaming Group has come up with an 84-page report to the GLC, delivered to the Governor to check last week. The report has a bidding process, regulation, revenue streams, types of games and machines, and locations for such a move.
Jim Galloway from the AJC filed a request for that report, which he has graciously shared. (Be warned, it's a large download and might take some time.) The report indicates that the opportunity revenue that may be realized to the state of Georgia could approach one billion dollars - no small sum for any state that has spent the past 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 depending on the upfront auction of casino applications and also on annual licenses and tax receipts. The upfront application fee, though, can't be too large, or it would hamper the new site's capability to generate revenue in the years ahead.
The six Atlanta locations were determined to have downtown Atlanta, Cobb County with the Galleria, DeKalb County at the intersection of I-20 and I-285, South Cobb County near Six Flags, Clayton County nearby the airport, and the Lake Lanier area in Gwinnett County.
The two locations with all the highest potential gross gaming revenue (GGR) were the downtown location ($791.5 M) as well as the Galleria locations ($788.2 M). The DeKalb option was analyzed to have a potential GGR of $770.2 M. Clayton County has a projected GGR of $741.8 M, while the South Cobb and Lake Lanier option had the lowest projected GGR.
The plan three card poker queen 6 4 with the most potential income for Georgia included one casino inside Atlanta area, one casino inside Savannah area, and one inside Jekyll Island area. The sites were evaluated depending on proximity with tourist attractions, as the new casino in the Atlanta area would look to enhance the city's tourism aspects.
The study also drew upon evaluations of other states' programs, for example Indiana, Pennsylvania, and New Jersey, in addition to looking abroad to Singapore's gaming control board. It suggested a strong regulatory framework, supplied with the Georgia Lottery Corporation, to ensure honest gaming and prevention of potential corruption.
The report projects that the earliest hawaii could start seeing revenue from your passage of an gaming bill was 2014. Considering how long it latched onto move a Sunday alcohol sales bill forward, such a fast-track may not be possible. Talk has previously been supply about casinos in Atlanta, but was quickly sloughed off. If there is support from Georgia's us president this time, then a plan could meet with a different fate.