Georgia is one of the largest markets without legalized sports betting, and the state could rival others that have already legalized such wagering.

While the state does not have sports wagering, it does have a lottery. Last week, the Georgia Lottery Corp. reported its most profitable first quarter since its start in 1993.

The analysis found that Georgia, one of 15 states without legalized sports betting, could generate $600 million of revenue annually. The Empire State of the South could rival states like Michigan or Virginia if it legalized sports betting.

The Peach State’s “population rivals Ohio’s, and officials in Georgia have shown some recent interest in legalization, too,” PlayUSA said in a report. “The strength and positioning of the state lottery could complicate the proposed implementation, but we’ll choose to be optimistic for now.”

PlayUSA, a content and resource center for the legal gambling industry that focuses on the United States, predicted that at least two states will legalize sports betting next year. Georgia lawmakers have considered legalizing sports betting and casino gambling in the past.

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