Legislative committee wraps up review of slot machine small business in Ga | Local News

ATLANTA – A point out Senate analyze committee made to examine Georgia’s coin-operated amusement machines enterprise has wrapped up its get the job done with some recommendations but no specific legislative proposals.

In a remaining report launched this week, the senators endorsed the chance of awarding gift cards to sport winners as a way to discourage funds prizes, which are illegal under state regulation.

The Ga Lottery Corp., which oversees the COAM industry, has released a pilot challenge that will take a look at the present playing cards idea at 100 to 300 areas across the condition, primarily benefit retailers and eating places.

Lottery officers like the notion but have not dedicated to it still since the four-to-six thirty day period pilot undertaking has not been accomplished, Gretchen Corbin, the lottery’s president and CEO, advised members of the research committee Thursday.

“Everyone we talk to hopes that it is effective,” she explained.

The report also proposed escalating the profits the condition derives from COAM proceeds but doesn’t endorse how to carry out that intention.

Solutions include either increasing the state’s share of the profits pie from the existing 10% or increasing the profits alone by growing the variety of destinations with COAM game titles.

The COAM sector has taken off considering the fact that the lottery company assumed jurisdiction more than the equipment in 2013.

Georgians invested more than $3 billion throughout the very last fiscal yr actively playing COAM games. Soon after players redeemed prizes valued at $2.1 billion, that remaining additional than $900 million in web revenue for COAM license holders, the businesses housing the games and the point out to divide.