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We can help! Atlanta Economy View count:. Sign up for more articles like this. Also subscribe to Bisnow's Economy Newsletter. But like any great Vegas-style bet, casino investors face long odds — albeit slowly tipping in their favor — to see their dream become reality. Stephens chairs the economic development and tourism committee in the state House of Representatives. The lottery was then-Gov. HOPE also is the primary focus for passing casino gambling. If casino gambling comes to fruition in Georgia, the search for potential sites will become a game in and of itself, The Friedman Management Group founder Bill Friedman said. Enter your email below; we'll send you a link to reset your password. I'm ok not receiving emails. Of course, major casinos need lots of land. He also authored the bill that led to Georgia's lucrative tax breaks for TV and film productions , one that has spurred an industry boom. Boyd said the monetary impact of casino gambling to a state's coffers is often enough to melt political opposition; it is just too large to ignore. Stephens declined to identify what areas of Atlanta could secure a casino resort, but said it would be within the Interstate ring. X Don't Forget!{/INSERTKEYS}{/PARAGRAPH} Forgot your password? Stephens himself is up for re-election and facing Democratic challenger Alicia Scott in November. It's entertainment, the whole thing is entertainment. Also subscribe to Bisnow's National Newsletter. It's not distance, it's speed. Sound good? Ron Stephens, whose South Georgia district covers portions of Savannah , is intending to push a bill in the next legislative session that will legalize casino gambling at three huge Georgia sites that will allow for massive resort complexes. For Georgia residents, the appetite to roll the dice is there. Bullock said he suspects casino backers would push a new bill early in the new legislative season after the election. Use the form below to reset your password. Zell Miller's plan to create the HOPE program, which funded various education initiatives , including covering some or even all tuition expenses for state colleges and universities for in-state students. We need additional data to finish your registration. We want to take 15 seconds to tell you what's going on: We need you to be cool with us holding onto your email address if we already have it and for us to email you about commercial real estate news and events. Postal Code:. Sign In. I accept the terms of use. Boyd's firm is a site selection consulting agency that has worked with casino operators in evaluating casino sites. Not receiving emails? {PARAGRAPH}{INSERTKEYS}The political father of Georgia's generous tax credits for TV and movie production in Georgia has another vision: three multibillion-dollar resorts spread throughout the state — including one in Metro Atlanta — that also will feature casino gambling. Just hit yes and continue on your way. But, more importantly, they need to be at sites that allow people to access them easily and quickly, he said. Backers of legalized casino gambling in Georgia envision tables like these at three destination resorts throughout the state. There is strong likelihood that such a measure would pass muster with voters, according to an Atlanta Journal-Constitution poll last year. Click here to find out why. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Friedman and his firm consult with casino operators. Atlanta Economy. Sites along major interstates are always preferred, and they need to be near significant population centers where there is a healthy amount of affluence and disposable income. Like a previous version of the bill, Stephens said the next one would create a measure that would allow a statewide referendum to approve the legalization, which would ultimately need to be amended to the state constitution. August 1, Jarred Schenke, Bisnow Atlanta. You are subscribed to the Bisnow Atlanta E-Newsletter. Hey, this is important! We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend. That way, tourists have an easier time to get to the gaming. I have an account. The sites are unidentified, but Stephens told Bisnow that they would most likely be near Savannah, along the Georgia-Florida border and in Metro Atlanta. Nathan Deal has voiced opposition to casino gambling in the past. Few would want to vote on a measure closer to a primary race for the office. Edit Story. We want to take 15 seconds to tell you what's going on:. Email Story x. National Event Popup. That report found that HOPE could run out of money by Revenues from new casinos could plug up the funding holes and fully finance HOPE again, Stephens said. Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow. Related Topics: University of Georgia , casinos , gambling , Gov. To use comma to separate multiple addresses :. It is a very powerful drive. Republican state Rep. I don't have an account.