#Batumi

iGaming Business

Georgia shakes up gambling laws despite licence fee concerns

Irakli Garibashvili, the prime minister of Georgia, has signed off on a package of reforms to the country's gambling laws, including new rules that limited online casinos to land-based organisations. The reforms are the largest shake-up to the country's gambling laws since 2021, when Georgia attempted to reform its regulatory regime due to safer…

Law ・ 23 February 2023

Sigma

Batumi increases casino fees to maximum level, angering operators

The city of Batumi in Georgia has doubled fees for gaming tables and slot machines, angering operators. Gambling licence fees in Georgia are administered by the central government, but additional table and slot machine fees are handled at municipal level. Fees for gaming tables are set between a range of GEL20000 (£6100/€6900/$7400) and…

Finance ・ 12 January 2023

iGaming Business

Batumi hikes casino taxes to maximum level

While general gambling licence fees in Georgia was administered by the country's central government, additional fees per gaming table or machine are applied at the municipal level, in this case by the Batumi City Assembly. These fees may be set within a range, with a minimum of GEL20000 (£6100/ €6900/ $7400) per gaming table up to a maximum of…

Law ・ 09 January 2023

Adotas

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Movies ・ 01 April 2022

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Eurasianet

Georgian government moves to rein in gambling

Giorgi started gambling when he was 14. He started small, betting one lari (about $0.30), on online roulette. Soon, though, he was playing poker, roulette, and slots online, at a friend's home, and only going to school to try to borrow money from his classmates. A big win might amount to 500 lari ($160), which he would spend on some new clothes,…

Finance ・ 27 January 2022

Yogonet

Georgia passes bill with gambling restrictions, higher taxes and age limit, advertising ban

Georgia's parliament passed a bill Wednesday imposing restrictions on gambling, including the rise of the age limit for gambling, banning advertisements, and increased taxes on the industry. The package law includes the imposition of a 10% tax on gross gaming revenue as opposed to the current tax on profits, as well as a 2% tax on winnings. The new…

Finance ・ 23 December 2021

Casino Beats

StarCasinò recruits Authentic’s live roulette suite

Authentic Gaming has strengthened its presence in the Italian online casino market after undertaking an integration of its suite of titles with the Betsson Group's StarCasinò brand. Under the deal, players at StarCasinò will be able to access games from the live roulette specialists flagship Arena Studio, including Blaze Roulette, Grand Roulette,…

Roulette ・ 04 March 2021