Georgia’s Sports Betting Bill Gains Ground, Eyes 2026 Vote
Georgia’s sports betting legalization took a step forward. The House Higher Education Committee passed a key bill, and now, it faces tight deadlines in the full House and Senate. If successful, voters could decide its fate in November 2026.
A Two-Part Plan
The bill has two pieces. First, it amends the state constitution. This needs two-thirds approval in both chambers. Then, voters weigh in during 2026. Second, an enabling act sets up to 16 online betting licenses. Some tie to pro sports teams, others don’t. For instance, the Georgia Lottery Corporation gets one automatically. Teams like the Atlanta Braves and Hawks could too.
The tax rate jumped to 24% from an initial 20%. Most revenue funds the HOPE scholarship and pre-K programs. Plus, 15% of the first $150 million yearly goes to gambling addiction support. However, time’s ticking and legislative approval must wrap up soon.
Licenses break down clearly. The Georgia Lottery takes one slot. Five go to pro teams: Falcons, Hawks, Braves, Dream, and United. Augusta National, the PGA Tour, and Atlanta Motor Speedway each snag one. Seven more open to public bidding.
Application fees hit $100,000, with full licenses costing $1 million annually. Additionally, the bill bans college prop bets and mandates two-step account verification.
Money and Motives
The 24% tax rate stands out. It’s higher than originally planned. Lawmakers shifted it to boost revenue. The HOPE program and pre-K services get the lion’s share.
Meanwhile, addiction prevention gets a dedicated cut. “This balances opportunity with responsibility,” a committee member noted. Yet, the $1 million license fee could deter smaller players.
The bill’s fate hangs on swift action. It needs House and Senate nods before the session ends. Then, it’s up to voters in 2026. For now, Georgia’s betting future rests on legislative speed and public support. If it passes, the state could join the online wagering wave.
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