A welcoming climate for gambling: Slotegrator’s overview of Georgia
The gambling industry in Georgia has been steadily developing for quite a long time, aided by fair legislation and a stable demand for gaming and entertainment services. Recognizing the essential role the industry plays in the country’s economy, Georgia’s government is working hard to implement transparency by developing new regulations — which are also meant to bring the gambling business to a new level.
Slotegrator, one of iGaming’s leading developers, keeps a close eye on the legislative aspects of the industry, providing its clients with up-to-date information and guiding them towards the most promising opportunities. In its new article, the company examines the critical components of Georgia’s gambling market, focusing on the legislation and regulations — both currently existing and those that will soon come into effect — that govern the iGaming landscape.
Georgia turned out to be one of the first countries in Europe to recognize the economic importance of the gambling industry. While many countries sought to inhibit the sector — by banning online casinos, for example — in Georgia, license holders never hit any speed bumps, continuing to smoothly operate their land-based and online businesses.
Operators will undoubtedly wonder how to get a gaming license in Georgia. The process is simple enough; applicants send all the necessary documents via an electronic system, and within a couple of weeks, they will receive a response from the regulatory body. Moreover, there are also expedited ways of obtaining a license, among which is the possibility of getting permission to organize gambling activities the day after submitting an application.
As for the taxation system in Georgia, it varies from state to state, depending on location, tourist zones, types of gaming business, and other factors.
The biggest current trend in the online space is increased player activity. As a result, the Georgian government has developed a number of new regulations aimed at streamlining gambling industry regulations to eliminate legislative contradictions and loopholes.
Read more about the new iGaming regulations in Georgia on the Slotegrator website and stay up to date with the most current events!…
The post A welcoming climate for gambling: Slotegrator’s overview of Georgia appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: Eastern European Gaming
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