Georgia Bingo
Bingo is king in Georgia. Georgia is where Bingo came from in The United States, way back in 1929. But during the years just after Bingo showed up (through Italy) at a fair in Georgia, the game ended up being made against the law with most other varieties of betting.
In 1976, Bingo was made legal for non-profit businesses. Since Bingo is 1 of just three kinds of wagering legalised in Georgia (along with raffles as well as the state lotto), the game has develop into a huge crowd pleaser.
There are above Two hundred bingo operators in Georgia nowadays. Georgians grossed more than Thirty Five Million dollars in income for its Bingo operators in 2005, for the average of about $130,000 per operation. Georgians won over 20,000,000 dollars in prizes during the same period. Georgian non profit organizations saw $1,500,000 in income from the Bingo industry.
Georgia has a few of the strictest bingo laws and regulations in the U.S. Operators are restricted in the amount of cash prizes they can pay 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 oversees bingo games inside the state. Within the last 25 years, around 50 establishments have forfeited their permit in Georgia for continued violations of the state betting laws. The result is that almost all bingo palaces in Georgia are V.F.W.s and support organizations, the sort of organizations which operate a game to fund their non-profit activities.
Of course, as long as bingo is really a big money venture, there will be people who find a way to work around the law. With twelve thousand or more folks employed in the charitable betting industry of Georgia, the Bingo Unit is going to be busy in the years to come.
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