New Jobs from Atlanta Casino

New Atlanta jobs could result from a new casino. On Monday, March 2, the Atlanta City Council unanimously gave their support for a possible up and coming casino. The $450 million gaming establishment tied to the Georgia lottery.

The casino would be located in historic Underground Atlanta. The current owners of the Underground currently have almost a billion dollar plan for a casino and hotel before the Georgia Lottery Board.

“We look forward to the opportunity to work with the City to make this redevelopment a reality, and bring economic vitality to the City," said Dan O'Leary, owner of Underground Atlanta.

According to Georgia Department of Labor, the unemployment rate for the city has increased to 7.4%, a steady increase from past months due to increasing jobs lose. If passed, numerous jobs could be created throughout the hotel, casino, restaurant, and more.

The Council has high expectations for the establishment. According to The Weekly, City Councilman Jim Maddox, Chair of the City Council’s Community Development Committee, stated that, “The development has the potential to create 1,000 new jobs in the first phase of the development and a cumulative 2,000 direct jobs in the second phase. Additionally, we expect $42 million to be spent on food and beverages the first year and a total general and administrative payroll of more than $20 million."

If passed, the casino could increase tourism and therefore financially benefiting the city.