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Bingo is master in Georgia. Georgia is where Bingo all began in America, back in 1929. But during the years just after Bingo appeared (from Italy) at a fair in Georgia, the game had been outlawed with most other varieties of wagering.

In Nineteen Seventy Six, Bingo was made legal for not for profit businesses. Since Bingo is one of only three types of wagering legalised in Georgia (along with raffles as well as the state lottery), the game has turn out to be a big crowd pleaser.

You can find well over 200 bingo providers in Georgia nowadays. Georgians brought in more than Thirty Five Million dollars in income for its Bingo providers in 2005, for the average of about $130,000 per operation. Georgians won more than 20,000,000 dollars in prizes during the same period. Georgian non profit organizations saw 1.5 million dollars in income from the Bingo sector.

Georgia has a few of the toughest bingo laws and regulations within the U.S. Providers are limited in the sum of prizes they can pay out at any 1 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 specific states.

The GBI: Bingo Unit regulates bingo games in the state. Within the last Twenty five years, around 50 businesses have lost their licence in Georgia for repeated violations of the state wagering laws and regulations. The outcome is that the majority of bingo palaces in Georgia are V.F.W.s and assistance organizations, the type of groups which operate a game to fund their non-profit actions.

Of course, as long as bingo is really a huge money venture, there will be those who discover a way to skirt the law. With 12,000 or more people employed in the charitable gambling industry of Georgia, the Bingo Unit is going to be busy in the years to come.