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Could Slots Come to
Underground Atlanta?
One of the many proposals for Underground Atlanta,
a troubled twelve-acre retail and entertainment complex in downtown
Atlanta, Georgia, is a gambling establishment filled with some
fifty-five hundred slot machines. The biggest problem with this bid?
Slots are not currently legal in Georgia, where the only
officially-permitted form of gambling is the state lottery.
Promoters are trying to turn Underground Atlanta into a glitzy
casino resort, to the tune of four hundred million dollars. Many
city residents and lawmakers who have watched the complex change
hands several times over the years and rise and fall in reputation
and public perception are eager to see something substantial made of
the space and resources. But the law against slot games is a major
barrier to forward progress. The state lottery funds college
scholarships for needy students, and is currently the only legalized
gambling allowed in Georgia. But John Aderhold and Dan O’Leary, the
business partners behind the Undergroud Atlanta casino proposal,
believe that they may have found the ticketto getting around this
legislative hurldle.
First of all, they claim, the gambling devices at the Underground
would not be true “slot machines” – they would only be slot-like
terminals. Secondly, they support a constitutional amendment that
would pledge half the revenues from the machines into the lottery
coffers. Additionally, the developers are claiming that the new
complex would bring two thousand jobs and almost three billion
dollars a year in tourism to the state – two badly-needed
commodities. O’Leary’s argument is that other states nearby have
their hands in the proverbial honey pot of legalized gambling… why
should Georgia not do so as well?
Back to February 2009 Archive.
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