State Bingo

by Brennen on February 26th, 2010

Bingo is master in Georgia. Georgia is where Bingo came from in America, way back in 1929. But in the decades after Bingo showed up (via Italy) at a fair in Georgia, the game was made against the law together with most other forms of betting.

In 1976, Bingo was legalized for non-profit businesses. Since Bingo is 1 of only 3 kinds of betting authorized in Georgia (along with raffles and the state lotto), the game has become a big crowd pleaser.

There are well over Two hundred bingo providers in Georgia today. Georgians brought in more than $35,000,000 in revenues for its Bingo providers in 2005, for an average of about 130,000 dollars per provider. Georgians won over 20 million dollars in prizes over the same span. Georgian non profit organizations saw $1,500,000 in proceeds from the Bingo sector.

Georgia has several of the strictest bingo laws inside the U.S. Operators are restricted in the amount of cash prizes they can pay out at any one time. Games can hand out prizes with a $1,500 per session and $3,000 per week, which is far lower than the restrictions in specific states.

The GBI: Bingo Unit regulates bingo games inside the state. During the last 25 years, close to Fifty organizations have forfeited their permit in Georgia for continued violations of the state betting laws and regulations. The outcome is that almost all bingo parlours in Georgia are V.F.W.s and assistance organizations, the kind of agencies which run a game to pay for their not for profit actions.

Of course, as long as bingo is really a large money venture, there will be those who discover a way to skirt the law. With twelve thousand or more individuals employed within the charitable gambling sector of Georgia, the Bingo Unit is going to be busy during the years to come.

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