Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lawmakers press auditors on coin-operated amusement machine revenue model and possible effects on lottery HOPE funding
Summary
Matt Taylor and university researchers told lawmakers a sales-tax model on coin-operated amusement machines would have yielded about $203 million in FY24 while Georgia's current licensing-and-net-share model would have yielded roughly $10 million less.
During the joint briefing on audits of tax incentives, presenters singled out the coin-operated amusement machine (COAM) sales-tax exemption for a separate discussion of revenue models and downstream effects.
Matt Taylor (Department of Audits) and Ben McCain (Georgia Southern University) described two alternative revenue approaches: a states-levied sales tax on gross game receipts (used in some states) and Georgia's existing model, which relies on licensing plus a 13% share of net revenue (net defined as gross receipts minus non-cash payouts). McCain said the researchers "kept it very narrow to the southeast" in comparative work and found Georgia's approach "stood out as being as having a net benefit over what some of the other states were doing in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
