Georgia Democratic gubernatorial candidate Stacey Abrams recently unveiled her economic plan, should she become the state’s chief executive. Included in that plan: substantial gambling expansion.
Abrams said she is in favor of legislation that legalize casino gambling, Poker and sports betting. Currently, the only legal gambling in Georgia is the state lottery.
The Georgia lottery funds pre-K programs and the HOPE Scholarship, the latter of which partially pays tuition for students who attend in-state colleges and universities, both public and private. Tax revenues generated from legal gambling would bolster these programs.
“This will serve as a permanent source of revenue to underwrite broader access to education,” Abrams said at a recent public appearance.
Studies projected the potential for billions to exist in economic impact funds that will not only finance our efforts to replenish and expand the Hope Scholarship, but it will also provide new economic opportunities for Georgia that can grow jobs and make our economy stronger for everyone.
The HOPE Scholarship program has been a resounding success in Georgia since it was created in 1993. But therein lies the problem. So many students have taken advantage of the program’s benefits that the state has had trouble keeping up with the scholarships. Several years ago, the program made the requirements more difficult to earn a grant in order to reduce the amount of money given out.
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