Legislation
December 7, 2023

Georgia Introduces Major Gambling Tax Increases and Strict Compliance Measures

Georgia is set to implement significant changes in its gambling sector, as Prime Minister Irakli Gharibashvili signs an executive order for sweeping new gambling laws. These changes include substantial tax hikes on gambling profits and stricter compliance measures to enforce the country’s ban on gambling for individuals under 25 years old. The new tax rates, […]

Regulation
November 6, 2023

Georgia Implements Higher Gambling Tax to Curb Soaring Participation

Gamblers and stakeholders in Georgia face a new reality as the government addresses a gambling participation surge labeled as “catastrophic”. With a remarkable increase in sector turnover, Prime Minister Irakli Gharibashvili is taking a decisive stance. Through tax hikes and regulatory reforms, the goal is to protect particularly vulnerable demographics and instill a sense of […]