State Bingo
by Heath on February 26th, 2010
Bingo is emperor in Georgia. Georgia is where Bingo originated in America, back in Nineteen Twenty Nine. But during the years just after Bingo arrived (from Italy) at a fair in Georgia, the game was made against the law with most other varieties of betting.
In 1976, Bingo was made legal for non-profit agencies. Since Bingo is 1 of just three kinds of wagering legitimate in Georgia (along with raffles and the state lotto), the game has grow to be a huge crowd pleaser.
There are above Two hundred bingo providers in Georgia these days. Georgians brought in above $35,000,000 in profits for its Bingo providers in 2005, for the average of around One Hundred and Trity Thousand dollars per provider. Georgians won over 20 million dollars in cash over the same span. Georgian non profit organizations saw $1,500,000 in proceeds from the Bingo sector.
Georgia has a few of the toughest bingo laws and regulations within the U.S. Operators are restricted in the sum of cash prizes they can pay out at any one time. Games can hand out cash prizes with a $1,500 per session and $3,000 per week, which is far below the limits in particular states.
The Georgia Bureaus of Investigation: Bingo Unit regulates bingo games in the state. In the last Twenty five years, close to Fifty establishments have lost their licence in Georgia for recurring violations of the state gambling laws. The outcome is that almost all bingo palaces in Georgia are Veterans of Foreign Wars and assistance organizations, the kind of groups which operate a game to fund their not for profit activities.
Obviously, as long as bingo is really a huge cash venture, there will be those who discover a way to work around the law. With twelve thousand or more folks employed within the charitable gambling sector of Georgia, the Bingo Unit is going to be busy in the years to come.
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