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The state House committee in Georgia approved legislation to legalize sports betting in the state. The new act called “Georgia Lottery Mobile Sports Wagering Integrity Act” would give the Georgia Lottery Corporation oversight powers for six or more vendors.
Interested vendor would have to pay a $50,000 fee for application and the annual licensing fee is $900,000, according to the legislation.
Source:
www.casinonewsdaily.com
Interested vendor would have to pay a $50,000 fee for application and the annual licensing fee is $900,000, according to the legislation.
Source:
Georgia Sports Betting Bill Receives Key Approval
House Committee in Georgia approved a bill for legalizing sports betting that was filed last month. The estimated profit from legalization is $43 million in revenue.