Unfortunately, Georgia sports betting remains on the sidelines despite efforts by lawmakers to get it over the finish line.
Out of all the ways to gamble, sports betting has been the closest to be legalized in Georgia. COAMs: Popular with Georgians and regulators It’s yet another question for gaming Georgians who again saw their Legislature kick the can down the road on legal sports betting in the state. But it’s unclear how or if Lucky Bucks continues to operate amusement machines in Georgia. The company announced that it had reached a deal that would eliminate $500 million in debt and divvy up the company’s equity to lenders. Lucky Bucks, an Atlanta-based coin operated amusement machines operator, has filed for Chapter 11 bankruptcy protection, citing $50,000 in estimated assets against $610 million in debt. Georgia is a state starved for legal gaming options, and one of its largest vendors is in financial jeopardy.
