Legislative committee wraps up analyze of COAM business in Ga | Condition

Catrina P. Smith

Gretchen Corbin, Georgia Lottery Corp.

ATLANTA – A point out Senate analyze committee designed to analyze Georgia’s coin-operated amusement machines (COAM) organization has wrapped up its do the job with some tips but no unique legislative proposals.

In a final report produced this week, the senators endorsed the chance of awarding reward cards to sport winners as a way to discourage cash prizes, which are illegal beneath point out law.

The Georgia Lottery Corp., which oversees the COAM field, has released a pilot task that will exam the gift playing cards principle at 100 to 300 areas across the state, mainly comfort retailers and places to eat.

Lottery officers like the plan but have not fully commited to it however because the 4-to-6 month pilot task has not been accomplished, Gretchen Corbin, the lottery’s president and CEO, advised members of the research committee Thursday.

“Everyone we speak to hopes that it performs,” she explained.

The report also recommended increasing the income the state derives from COAM proceeds but doesn’t endorse how to attain that target.

Possibilities include things like possibly increasing the state’s share of the profits pie from the present-day 10% or rising the income by itself by increasing the number of spots with COAM game titles.

The COAM marketplace has taken off since the lottery company assumed jurisdiction in excess of the devices in 2013.

Georgians expended extra than $3 billion in the course of the very last fiscal year taking part in COAM games. Soon after players redeemed prizes valued at $2.1 billion, that still left extra than $900 million in net income for COAM license holders, the businesses housing the video games and the point out to divide.

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