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Georgia’s “Special Equine Study Committee” voted this morning to include a referendum for voters to decide on legalizing horse racing in the state. It would also, in turn, legalize gambling on those races. As of this time, thirty-two states have at least one horse racing track and many have off-track betting parlors. Georgia is looking to capitalize on the gambling issue by allowing it into the state’s legislature.

The debate over legalizing gambling is raging in the US. States, one by one, are working to come up with legislation that legalizes and regulates gambling for the purpose of the huge tax revenue dollars available.  The recession wreaked havoc on economies and left states with the difficult task of overcoming huge deficits. Each state has a long list of projects it is trying to fund, with no reasonable way of funding it.  For this reason, almost every state is looking to the billions of dollars in gambling and looking for citizen support in terms of finding laws to bring it into the mix.  Of course there are proponents who believe that increasing casinos, race tracks and other gambling locations will create jobs and bring in money to the economy.  On the other hand there are critics who believe that increased and legalization of gambling will surely bring in other corrupt activities and crime to the areas. They also worry that making gambling legal will inevitably increase the number of addictions.

Overall, legislators are looking to push for gambling’s legalization and regulation. Though there are societal concerns such as addiction and crime, many believe that the amount of money available is too much to deny.  They believe that if the proper safeguards are built into the system it can work and not jeopardize American citizens.  Only time will tell if the plan works, but due to the huge tax dollars potentially available, most states and legislators will put their best efforts into legalizing and regulating gambling.  As of the latest poles in Georgia, the decision was split at about 50/50. It may come down to which side has the most advertising dollars to sway the voting public.