(Media release from the Georgia Senate Press Office):
On Thursday, The Georgia Senate passed Senate Bill 386 to regulate and tax sports betting under the oversight of the Georgia Lottery Commission. The measure, sponsored by Sen. Clint Dixon (R – Gwinnett), will allocate the proceeds to student financial aid programs, including the HOPE college scholarship and Georgia Pre-K programs.
Sen. Dixon applauded the passage of the measure, stating, “In passing SB 386, we’ve paved the way for responsible and regulated sports betting in Georgia. As our state evolves, it’s crucial to acknowledge the existing landscape with neighboring states already engaging in this activity. With millions in potential revenue, SB 386 ensures that these funds contribute to the growth of Georgia, supporting essential programs such as the HOPE scholarship and pre-kindergarten initiatives. By implementing safeguards, like prohibiting credit card use for betting and providing tools for self-limitation, we prioritize responsible gambling. The bill’s bipartisan support exemplifies a united commitment to the well-being of our citizens and the prosperity of Georgia’s future. SB 386 is more than a legislative milestone; it’s an investment in education and our economy.”
SB 386 will now be considered by the Georgia House of Representatives.
You can read the full text of SB 386 here.
