The Georgian Parliament is advancing legislation to introduce five-year operating permits for foreign-facing casino, slot, and sports betting companies. The new framework aims to position the country as a viable alternative to Curaçao for international gaming operators.
Tax Structure and Licensing Fees
Under the proposed regulations, licensed entities will pay a monthly tax equal to five percent of their gross gaming revenue. This rate aligns with the existing provision for foreign-player revenue established in Georgia’s 2024 amendments, which the current bill formalizes as a separate permit category. Operators must also cover an annual fee of GEL 100,000, approximately €33,000.The permits are exclusively limited to international markets, as Georgian residents are entirely excluded from accessing these platforms. Each license is tied to a single domain, and regulatory violations carry a fine of GEL 20,000. For comparison, the standard domestic license requires an annual payment of GEL 5 million.
The legislation remains under parliamentary review. By combining a reduced tax structure with the removal of domestic player compliance requirements, the framework targets overseas operators seeking direct market entry. Source: MGL News channel report.