Georgia

Beneficial for Whom? Requirement to Provide Beneficial Ownership Information for Business Entities Begins January 1, 2024

On January 1, 2024, the Corporate Transparency Act, a US federal law, will begin requiring certain corporations and limited liability companies to disclose their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. The corporate ownership structures of many gaming companies, particularly those that utilize … Continue Reading

2021 Regional Gaming Highlights

Alabama In 2020, Governor Kay Ivey appointed a Gaming Task Force to study the feasibility of legalizing gaming in Alabama. Since voters rejected the last attempt in 1999 to amend the Alabama constitutional prohibition on gambling, numerous attempts to pass gaming legislation have failed. But with the proliferation of gaming in surrounding states, bingo casinos … Continue Reading

2020 Regional Gaming Highlights

Alabama In late 2019, the Birmingham Race Course placed 301 historical horse racing machines at its facility. The machines, known as historical pari-mutuel betting, allow users to place wagers on horse races that have already taken place. The machines use historical information from previously run races, allowing bettors to pick the favorites or handicap for … Continue Reading

Challenging Times: Specific Issues Facing the Gaming Industry During the Coronavirus Crisis

With nearly all (980 of 989) commercial and tribal casinos in the United States closed, affecting more than 650,000 directly employed persons during the novel coronavirus shutdown, there are specific sets of issues facing the gaming industry. We summarize some of the more important ones below. Employee Issues Many gaming industry employers have taken one … Continue Reading

Casino Gaming in Georgia? Don’t Bet On It Just Yet

Casino gaming is, at present, not permitted in the State of Georgia. Indeed, some commentators have gone as far as to categorize Georgia as one of the three least gambling-friendly states in the nation. Yet, others believe that Georgia’s casino-gaming prohibition may soon come to an end. In fact, some legislators and commentators are of … Continue Reading

Georgia: Is expansion of gaming the best hope for the HOPE Scholarship Program?

On November 2, 2015, members of the Georgia House and Senate Study Committees on the Preservation of the HOPE Scholarship Program met to consider testimony relative to expansion of gaming in the state to include casino gaming and pari-mutuel wagering on horse racing to supplement the funding shortfall that threaten the continued viability of the … Continue Reading
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