• Loading stock data...
Friday, December 19, 2025
Breakfast Ball is heading to San Francisco with hosts Joe Montana and Jerry Rice. Request to Attend

Georgia Eyes $400M Annual Boost As Sports Betting Bill Gains Steam

  • The state’s Senate Economic Development Committee approved Senate Bill 57 by an 8-1 vote.
  • The Georgia Lottery Corporation would oversee the state’s legal sports betting infrastructure.
General view of the Georgia state capitol building in Atlanta.
Kirby Lee-USA TODAY Sports

Georgia is one step closer to finally legalizing sports betting.

The state’s Senate Economic Development Committee approved Senate Bill 57 by an 8-1 vote, sending it to a full vote.

The Georgia Lottery Corporation would oversee the state’s legal sports betting infrastructure, essentially adding it to the list of games already authorized by the creation of the lottery in 1992.

As a result, the state would not have to amend its constitution to legalize sports betting — it could become law without any vote from the general public and would need only a simple majority from both the state Senate and House.

SB 57 would legalize betting both online and at in-person kiosks — which could be deployed at a variety of businesses, including sports venues.

Sports gambling reached an all-time high in 2022.

Expanded Legal Betting Access Leads to Record Year

It’s a whopping 72.7% increase from 2021’s record of $4.3 billion.
February 16, 2023

Per the bill’s chief sponsor, Sen. Billy Hickman, 20% of the adjusted gross income raised by legal sports betting would go to the Georgia Lottery Corp. to benefit education.

Hickman recently claimed sports betting could generate $300 million to $400 million annually for the state, as well as creating $1 billion in state economic impact and more than 8,500 jobs.

Georgia has been in this position before and has a long way to go before sports betting actually legalizes: The state Senate introduced bills in 2021 and 2022 — with the former actually passing the Senate — but neither made it into law.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 13, 2025; Omaha, Nebraska, USA; Kansas State Wildcats guard PJ Haggerty (4) drives around Creighton Bluejays guard Josh Dix (4) during the first half at CHI Health Center Omaha.

Kalshi Under Fire for Potential Transfer Portal Event Contracts

Polymarket has already had at least one live transfer portal market.

Heat Still in Limbo With Terry Rozier: ‘No Obvious Solution’

Terry Rozier was arrested in October in a gambling case.
Terry Rozier

DOJ Raises Alarm About Terry Rozier Paying Friend’s Legal Fees

Prosecutors say Rozier has been paying for De’Niro Laster’s lawyer.
Dec 1, 2025; Foxborough, Massachusetts, USA; New England Patriots running back TreVeyon Henderson (32) runs the ball against New York Giants safety Dane Belton (24) during the fourth quarter at Gillette Stadium.

Polymarket Returns to U.S. After Nearly Four Years

The wait list is more than 200,000 people long.

Featured Today

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena
December 13, 2025

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.
December 7, 2025

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
Buffalo Bills quarterback Josh Allen runs with the ball looking to throw to a receiver during second half action at Highmark Stadium in Orchard Park on Dec. 7, 2025

NFL, NCAA Rail Against Prediction Markets: ‘Catastrophic’

Executives for the leagues offered fresh criticisms of the lack of regulation.
Aug 1, 2025; Chicago, IL, USA; Baseball commissioner Rob Manfred announces Major League Baseball and the Chicago Cubs will host the 2027 All Star game at Wrigley Field
exclusive
December 5, 2025

MLB Sent Memo Warning Players About Prediction Markets

The league told players its same betting rules apply to prediction markets.
December 9, 2025

Goodell: NFL Not Ready to Align With Prediction Markets

The NHL has partnered with both Kalshi and Polymarket.
Sponsored

Brian Hoyer: Patriots Lessons, NIL Chaos & His Post-NFL Career

The former Patriots QB talks to FOS about college football’s radical transformation.
Feb 14, 2024; Kansas City, MO, USA; A general overall aerial view of Kauffman Stadium (foreground) and Arrowhead Stadium at the Truman Sports Complex.
December 1, 2025

Missouri’s Betting Debut Comes As Chiefs, Royals Eye New Homes

The state had been one of the largest without legalized wagering.
Shayne Coplan. 60 Minutes/YouTube
December 1, 2025

Polymarket and Kalshi CEOs Say They’re Changing the World

They also insist they don’t run gambling platforms.
John Fisher
opinion
November 30, 2025

Tanking Is Hurting Pro Sports More Than Gambling Ever Could

Something much worse than gambling is killing sports.
November 29, 2025

Polymarket and Kalshi Are Shitposting Their Way to Legitimacy

Polymarket and Kalshi’s social media posts are unhinged. Investors call it “authenticity.”