Pros and Cons of Georgian License
The Georgian gambling license presents a mix of opportunities and challenges, offering valuable insights for operators navigating this competitive market.
Benefits
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A 5% GGR tax applies to foreign-player operations, compared to 15% for Georgian residents.
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Businesses in the Kutaisi Free Industrial Zone enjoy tax exemptions, including VAT, dividend, and property tax.
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Both online and offline gambling are fully legalized.
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Starting December 1, 2024, international operations will be allowed for online casinos, slots, and betting.
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Operators can accept bets in EUR and USD.
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No specific authorized capital requirements are imposed.
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Legislation is set to remain stable until 2030.
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Licenses are processed within a standard 20-day timeframe.
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Simplified interbank transactions and reduced currency controls make operations smoother.
While these points highlight the license's appeal, there are notable challenges operators must address.
Limitations
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Gambling promotion faces strict advertising restrictions.
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The legal gambling age is set at 25, impacting over 1.45 million Georgian citizens [6].
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Georgian payment providers are prohibited from processing foreign gambling transactions.
Operational Challenges
While these hurdles may add complexity, the stable legal framework and favorable tax policies for international operations provide a solid foundation for businesses.
How to Apply
Getting a gambling license in Georgia involves a clear, step-by-step process managed by the Revenue Service. Here's what you need to know to navigate the procedure.
Setting Up a Company
Before you can apply, you’ll need to register a legal entity in Georgia. Here are the basics:
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Establish a local presence in Georgia.
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Make sure all funding documents are up-to-date.
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Create a corporate structure that aligns with the country's regulations.
Submitting Documents
Once your company is registered, the next step is to gather and submit the required paperwork.
Key Documents to Prepare:
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Corporate registration paperwork and extracts.
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A detailed operational outline, including bet limits, products, loyalty programs, and gaming layout.
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RNG (Random Number Generator) certificates from approved labs like eCOGRA, GLI, or QUINEL.
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Platform and game certifications.
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Technical documentation.
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Proof of funds and evidence of technical compliance.
Technical Requirements:
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Gambling platforms must integrate with the regulator's monitoring system.
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Anti-Money Laundering (AML) risk management systems must be in place.
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Systems should comply with responsible gambling protocols.
After completing the documentation and technical setup, you’ll move on to the approval phase.
Getting Approved
To proceed, ensure all documents and system integrations meet the necessary standards.
1. Initial Application
Submit your initial application through the Selected Person's portal. The processing time is 20 days, and if no decision is made within this period, the permit is automatically approved. [8]
2. Technical Integration
Complete the integration of your system with the Selected Person. Once successful, you’ll receive an authorization certificate within two days. [8]
3. Final Steps
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Pay the annual permit fee of 100,000 GEL. [8]
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Finalize a service agreement with the Selected Person.
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Submit your authorization certificate to the Revenue Service. [8]
Need Faster Processing?
You can opt for expedited processing at the following rates:
| Days |
Cost |
| 1 |
$742 |
| 5 |
$296 |
| 10 |
$148 |
B2C and B2B License Types
Main Differences
B2C licenses are designed for direct gaming operators like online casinos, land-based venues, sports betting companies, and slot halls. On the other hand, B2B licenses cater to service providers such as game software developers, RNG suppliers, and technical platform providers. Software suppliers without a B2B license can still collaborate with licensed aggregator platforms. This distinction determines the range of activities each license type allows, as outlined below.
Allowed Operations
Georgia's licensing system supports a variety of activities under both B2C and B2B licenses:
| License Type |
Activities Covered |
| Universal License |
Both land-based and online operations |
| Online-only License |
Digital gambling services only |
| Land-based License |
Physical venues, sometimes with online options |
B2C licenses cover a wide range of activities, including casino operations (both land-based and online), slot halls, sports betting, poker clubs (for specific license holders), and betting on non-sports events. B2B licenses, meanwhile, focus on areas like game development, platform services, RNG software, and technical infrastructure.
One notable change was the removal of the requirement for online casino operators to first open a physical slot machine hall. This adjustment has made the market more attractive to international investors and B2B service providers.
Both license types are governed by the 2005 Gambling Regulation Act, which enforces strict compliance with standards set by the Revenue Service [8].
License Renewal
Once a license is granted, staying compliant and renewing it on time is essential to keep operations running smoothly.
Renewal Steps and Deadlines
Licenses are issued for a 5-year period, with a streamlined renewal process available for operators who meet all requirements. The Revenue Service of Georgia manages the renewal, which involves:
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Submitting a renewal application using your existing authorization certificate [8].
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Undergoing a regulatory review to confirm adherence to AML (Anti-Money Laundering) rules and responsible gaming standards.
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Ensuring that key personnel have clean police records and fulfill economic substance criteria.
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Verifying that your platform remains connected to the Regulator’s system.
Ongoing compliance not only simplifies the renewal process but also helps maintain operational stability.
Costs and Required Documents
The annual license fees depend on the location of operations:
| Location |
Annual Fee |
Special Conditions |
| Tbilisi |
GEL 5 million (US$1.8 million) |
Standard rate applies |
| Batumi |
GEL 250,000 (US$90,000) |
10-year fee exemption for hotels with 100+ rooms |
| Kazbegi |
No fee |
Full exemption |
| Tskaltubo |
No fee |
Full exemption |
| Sighnaghi |
No fee |
Full exemption |
Failing to renew properly or on time can lead to penalties, including fines of up to GEL 20,000, license revocation, or even imprisonment for up to five years.
Operators must stay up-to-date with all regulatory requirements. This includes providing proof of legitimate funding, using certified platforms and games, maintaining active AML systems, and keeping responsible gambling documentation.