Penske Media eyes a Rolling Stone-themed Vegas casino, while Charles Barkley shows interest in owning a casino if Alabama legalizes them.
Tag:
Alabama
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Alabama’s gaming bills, HB 151 and HB 152, fell short by one Senate vote, halting hopes for a state lottery and broader gambling reforms. Senator Greg Albritton’s dissent, citing concerns about dilution and PCI involvement, underscored challenges in reaching consensus on gambling legislation.
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Alabama’s legislative session ended without passing any gaming bills, despite initial momentum for proposals that included a state lottery and sports betting. The failure to pass these bills means Alabama will not see any significant changes to its gambling landscape this session.
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Alabama Senate’s gaming package stalls by a single vote. With time dwindling in the legislative session, hopes linger for a reconsideration and passage. Stakes are high with divergent visions for Alabama’s gaming future.
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The Alabama House approved a compromise gaming bill, advancing it to the Senate for a three-fifths majority vote. The bill includes a state lottery, casino gambling, and slot-only casinos. If passed by the Senate, it will go to a statewide referendum.
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The Alabama House of Representatives sent a comprehensive gaming package to the Senate but when it returned, the bill had been drastically amended, with sports betting excluded among other items.
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HB 151, backed by Rep. Blackshear, underwent significant changes in the Senate, shedding retail and mobile sports betting. Senator Albritton pushed for its passage, but resistance led to stripping revenue generators, leaving a bill offering $350 million annually, prompting further review by Governor Ivey.
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Alabama’s Senate altered a comprehensive gambling bill, omitting sports betting but keeping the lottery provision. The revised legislation now returns to the House for further discussion. It’s a pivotal moment for Alabama voters seeking a voice in the state’s gambling landscape.
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A betting package has advanced from the House to the Senate but that’s where it has stalled. However, the comprehensive gambling legislation is not dead but merely delayed thanks to the efforts of Senator Greg Albritton.
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The fate of Alabama’s gaming expansion rests on Senate support for a November vote. Despite a Republican majority, securing two-thirds votes seems challenging. Representative Blackshear’s legislation, already House-approved, aims to bring casinos, sports betting, and a lottery to Alabama, potentially generating $936 million to $1.2 billion for the state.
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