Georgia Bingo
Saturday, 27. February 2010
Bingo is ruler in Georgia. Georgia is where Bingo came from in The US, way back in 1929. But during the decades just after Bingo appeared (from Italy) at a fair in Georgia, the game ended up being made illegal together with most other kinds of wagering.
In 1976, Bingo was made legal for not for profit businesses. Since Bingo is one of just 3 forms of gambling legal in Georgia (along with raffles and also the state lottery), the game has become a big crowd pleaser.
There are above Two hundred bingo providers in Georgia these days. Georgians brought in above $35,000,000 in income for its Bingo providers in 2005, for the average of around 130,000 dollars per operation. Georgians won over $20,000,000 in cash over the same span. Georgian charities saw 1.5 million dollars in income from the Bingo sector.
Georgia has some of the toughest bingo laws in the U.S. Providers are limited in the number of cash prizes they can pay at any 1 time. Games can hand out prizes with a $1,500 per session and $3,000 per week, which is well lower than the limitations in certain other states.
The Georgia Bureaus of Investigation: Bingo Unit oversees bingo games inside the state. Within the last Twenty-five years, around 50 establishments have lost their license in Georgia for continued violations of the state wagering regulations. The result is that nearly all bingo palaces in Georgia are Veterans of Foreign Wars and assistance agencies, the kind of groups which run a game to fund their non-profit actions.
Obviously, as long as bingo is a huge cash venture, there will be those who discover a way to skirt the law. With twelve thousand or more people employed in the charitable gambling sector of Georgia, the Bingo Unit is going to be busy in the years to come.
Posted in Bingo by Taryn