Georgia

    Coat of Arms

    Coat of arms of the country of Georgia

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    Population
    • Population: 3720400 people.
    • Official Language: Georgian
    • HDI: 0,814
    • Salary: $490
    • Poverty rate: 55.4%
    • Gini: 34.2%
    • The believing population: 93%
    • Main religion: Christianity (88.5%)
    • Second religion: Islam (10.7%)
    Harmful habits
    • Alcohol: 7.5 litres/year
    • Smoking: 31.7%
    Internet
    • Internet users: 91.7%
    • Mobile Internet: 70.3%
    • Landline Internet: 28.9%
    • Internet speed: 30.7 Mbps
    • Country Top Level Domain: .GE
    General information about the country
    • Country name:
      Georgia
    • Code (2-digit):
      GE
    • Continent:
      Asia
    • Country level:
      Tier 3
    • Capital:
      Tbilisi
    • Country area:
      69700 sq km.
    • Telephone code:
      995
    • Currency (code):
      Lari (GEL)
    Geographical features of the country

    Administrative division into regions

    Autonomous Republic: Adjara.
    City of state significance: Tbilisi.
    Region (10): Guria, Imeretia, Kakheti, Kvemo-Kartli, Mtskheta-Mtianeti, Racha-Lechkhumi and Kvemo-Svaneti, Samegrelo - Zemo Svaneti, Samegrelo - Zemo-Svaneti, Samtskhe-Javakheti, Shida-Kartli.

    Peculiarities of the country

    The modern territory of the country was partially or fully occupied by the states of: Diaoha, Colchis Kingdom, Pontic Kingdom (Pontus), Iberia (Kartli), Great Armenia, Roman Empire, Laz Kingdom (Egrisi), Sassanid State, Byzantine Empire (Eastern Roman Empire), Alania, Arab Caliphate, Khazar Khaganate, Umayyad Caliphate, Abbasid Caliphate, Abkhazian Kingdom, Georgian Kingdom, Ottoman Empire, Timurid State, Ak-Koyunlu, Russian Empire, Union of Soviet Socialist Republics.

    Georgia is washed by the seas: Black Sea.

    The following rivers flow through the territory: Kura, Chorokh, Alazani, Iori, Inguri, Khrami, Debed, Big Liakhvi, Ksani, Lekhura.

    Mountains on the territory of the country: Shkhara, Dzhangitau, Kazbek, Katyntau, Tetnuld, Gestola, Shota Rustaveli Peak, Jimara, Ushba, Shan, Diklosmta, Khojal, Tsitelikhati.

    Gambling regulation
    • Online casinos:
      Regulated
    • Online sports betting:
      Regulated
    Online Gambling in the country

    From 1 December 2024, new regulations will come into force. The main innovation is the possibility for licensees to operate ‘offshore’, i.e. to serve not only Georgian but also foreign audiences.

    What is changing?

    • Dual licences
      Each licence can now cover up to two domains. This will allow operators to create separate brands for local and international markets.
    • Expansion of the currency corridor
      Previously, bets were only accepted in the national currency, the lari. Now players will be able to bet in euros and US dollars.
    • Differentiated taxes
      Operators focusing exclusively on foreign players will get more favourable tax conditions - the rate will be only 5% of gross gaming revenue (GGR). For those targeting local audiences, the rate will remain the same at 15%.
    • Simplification of the procedure for online slots
      The quarterly levy is abolished, significantly reducing the financial burden on operators.
    • Softening of requirements
      The procedure for obtaining a licence remains largely unchanged, but additional clarifications are introduced.

    What does this mean for the industry and players?

    The new rules will make the Georgian market more attractive to international companies, which will lead to an influx of investment and job creation.

    The number of online casinos is expected to increase, which will lead to more competition and, as a result, more favourable offers.

    Players will get more games, bonuses and promotions. Due to this, Georgia may become the new centre of online gambling in the region.