Gambling site has Atlanta as the favorite in the Amazon sweepstakes

Gambling site has Atlanta as favorite to land Amazon's HQ2 - Oct. 24, 2017
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Paddy Power, which mostly takes wagers on sports but ventures into politics and other topics, gives Atlanta 2-to-1 odds against winning the competition. That's way better than Philadelphia at 7-to-1, Boston at 8-to-1 and Toronto at 9-to-1.

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Amazon, which already has headquarters in Seattle, is considering bids from more than 200 cities and regions to be its second home. The winner gets 50,000 jobs and a big boost in economic development.

Amazon did not respond to a request for comment. The company says bids have come from 54 states, provinces, districts and territories in North America.

Related: Cities woo Amazon as home for second headquarters

Atlanta did not make details of its bid public. But Mayor Kasim Reed told The Atlanta Journal-Constitution last week that it will be "the most aggressive economic attraction package that the state of Georgia has ever put forward." Reed didn't immediately respond to a request for comment from CNNMoney.

Cities are trying hard to woo Amazon(AMZN, Tech30). Tucson, Arizona, sent a giant cactus to CEO Jeff Bezos, and the Atlanta suburb of Stonecrest offered to de-annex land and rename it Amazon, Georgia. New York City lit up the Empire State Building in Amazon orange.

CNNMoney (New York) First published October 24, 2017: 11:05 AM ET

Read more http://rss.cnn.com/~r/rss/money_latest/~3/ruQ76QUXQII/index.html

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