Bingo is king in Georgia. Georgia is where Bingo came from in The United States, way back in Nineteen Twenty Nine. But during the decades immediately after Bingo appeared (by way of Italy) at a county fair in Georgia, the game was outlawed together with most other forms of wagering.
In 1976, Bingo was legalized for not for profit corporations. Since Bingo is one of just three types of betting not illegal in Georgia (along with raffles and the state lotto), the game has grow to be a huge crowd pleaser.
You can find above 200 bingo providers in Georgia today. Georgians brought in around Thirty Five Million dollars in revenues for its Bingo providers in Two Thousand and Five, for the average of about One Hundred and Trity Thousand dollars per provider. Georgians won over Twenty Million dollars in prizes during the same period. Georgian charities saw $1.5 million in proceeds from the Bingo industry.
Georgia has a few of the toughest bingo laws inside the U.S. Operators are restricted in the sum of cash prizes they can pay at any 1 time. Games can hand out cash prizes with a one thousand five hundred dollars per session and $3,000 per week, which is well lower than the limits in particular states.
The Georgia Bureaus of Investigation: Bingo Unit regulates bingo games in the state. During the last 25 years, around Fifty establishments have forfeited their license in Georgia for recurring violations of the state gambling regulations. The end result is that nearly all bingo parlours in Georgia are Veterans of Foreign Wars and support agencies, the type of organizations which operate a game to pay for their not for profit activities.
Of course, as long as bingo is really a big money venture, there will be those who discover a way to work around the rules. With twelve thousand or more people working in the charitable betting sector of Georgia, the Bingo Unit is going to be busy in the years to come.
Leave a Reply
You must be logged in to post a comment.
