• Loading stock data...
Thursday, January 23, 2025

Georgia Strikes Down Legal Sports Betting Again

  • Sports betting legalization in Georgia likely won’t be discussed again until 2024.
  • The state had sports betting bills on the docket in 2021 or 2022, neither of which passed.
A view of the University of Georgia Bulldogs as they enter the field.
Kirby Lee-USA TODAY Sports

Once again, the state of Georgia has nixed sports betting legislation.

Monday was Crossover Day at the Georgia state capitol — the deadline for bills to be included in the current legislative session — and Senate Resolution 140, Senate Bill 172, and House Bill 380 did not advance to a vote.

This comes just days after the Georgia State Senate rejected Senate Bill 57, which would have permitted the state lottery to oversee legal sports and horse betting. The bill had advanced out of committee in February.

General view of the Georgia state capitol building in Atlanta.

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

The state’s Senate Economic Development Committee approved Senate Bill 57.
February 21, 2023

Sports betting legalization is now very unlikely to happen for Georgia in 2023 — and likely won’t be discussed again until 2024.

Since the Professional and Amateur Sports Protection Act of 1992 (PASPA) was overturned in 2018, Georgia had sports betting bills on the docket in 2021 or 2022, neither of which passed.

SB57’s chief sponsor, Sen. Billy Hickman, claims sports betting could generate $300 million to $400 million annually for the state, as well as create $1 billion in state economic impact and more than 8,500 jobs.

Gov. Brian Kemp would likely be game to sign a potential bill after changing his stance on sports betting in the runup to the 2022 gubernatorial election — he had previously opposed it.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Premier League Clubs Claim 14 of Top 30 Revenues, but Real Madrid..

Real Madrid becomes the first club to surpass €1 billion in annual revenue.
Comcast

Can Comcast’s Sports-Centric Skinny Bundle Compete in Crowded Market?

The No. 2 cable distributor is the latest to offer a skinny bundle.

More Golfers Are Trading Fairways for Simulators: What It Means

More than 47 million Americans played golf in 2024.

Ichiro Mania Set to Descend on Cooperstown for HOF Induction

Suzuki’s election introduces a heightened international flair to the induction class.

Featured Today

Jeremiah Smith

Ohio State’s Title Isn’t As Simple As $20 Million in NIL

Three lessons from the Buckeyes’ title beyond “pay the best players.”
January 22, 2025

Can Upstart Sports Leagues Beat the Grim Start-Up Odds?

Investors think they can buck the massive failure rate of new enterprises.
January 21, 2025

Amateurism Dilemma on Full Display at the College Football Playoff

The sport has never looked or operated more like a pro league.
January 19, 2025

Unrivaled’s Impeccable Timing Pressures WNBA to Give Players More

The league could “blow the lid off” the business of women’s sports.
A Delta flight takes off from Phoenix Sky Harbor International Airport on July 12, 2024, in Phoenix.

Is Sports Gambling on Planes Next?

A 1962 law prohibits the use of gambling devices on commercial aircraft.
Detroit Lions quarterback Jared Goff (16) hands the ball to running back Jahmyr Gibbs (26).
January 15, 2025

Crypto.com Continues Super Bowl Futures Contract Despite Feds’ Pause Request

A showdown between Crypto.com and the CFTC is on the horizon.
Kelce
January 22, 2025

Prediction Market Company Kalshi to Launch Super Bowl Betting

Crypto.com launched a similar offering recently.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 9, 2025

Sports Betting Is Growing, but Match-Fixing Continues to Drop

The number of suspicious matches globally falls 17% in 2024.
Dec 14, 2023; Los Angeles, CA, USA; Ippei Mizuhara, the translator for Los Angeles Dodgers designated hitter Shohei Ohtani, during an introductory press conference at Dodger Stadium
December 25, 2024

The Biggest Sports Betting Scandals of 2024

The NBA, MLB, and college basketball were rocked by sports gambling misconduct.
December 23, 2024

Another Major Crypto Site Wants In On Sports Prediction Markets

Crypto.com says its Super Bowl market is “not sports betting.”
DraftKings
December 9, 2024

Sens. Say DraftKings, FanDuel May Have Conspired to Crush Competition: ‘One Company’

The senators asked the FTC and DOJ to investigate the gambling companies.