The Georgian casino sphere is closely related to the local tourism industry. The well-known resort areas of Gudauri, Adjara, Kazbegi, and Sighnaghi bring huge profits to casino operators and good revenues to the state budget. The lion's share of the earnings comes from the gambling segment, so the government has developed transparent working conditions and offered a policy of reduced taxation in the industry.
The decision to launch a casino start-up in Georgia is very prestigious and profitable. All entrepreneurs need is to order a turnkey solution from the Rosloto studio.
We have implemented dozens of lucrative projects in Georgia and are well acquainted with the peculiarities of licensing and the nuances of working in the country. From us, you can order a turnkey product along with a permit, a catalogue of slot machines, a CRM system, and a payment service.
The described region was one of the first in the CIS territory to legalise the casino sector, which greatly contributed to the successful development of the industry.
In 2005, the government adopted 2 important laws:
The above-mentioned legislative acts determined the features of working in the niche:
It is necessary to obtain a permission document for each form of gambling. The document is valid for 5 years.
The government offers a simplified licensing procedure:
Operators pay 3 types of deductions: annual, quarterly, and monthly.
Let us consider the core contributions in more detail:
Its amount is always fixed: it cannot be affected by the operator's profit for the reporting period and other temporary factors (suspension of activities, tax holidays, etc.).
The size of the fee is determined for each type of gambling service:
The sum depends on the region in which the land-based project is registered. The fee is charged for each unit of equipment placed in the casino or a gambling hall.
The legislation provides for the following deductions:
Besides, owners of the lottery business must pay 10% of the fixed prize pool every quarter
It should be paid by representatives of all sectors of the economy, including construction, retail, and gambling.
Monthly fees include:
Despite the complexity of the Georgian taxation system, the local government has provided several tax exemptions for legal entities.
Among the key benefits, we can name:
Virtual gambling platforms can be launched by a company that already has a working land-based location. There is no monopoly or oligopoly in the country, and the market is evenly divided among dozens of independent participants.
A legal entity must be registered in Georgia and pay taxes to the public treasury. Any activity related to offshore zones is strictly prohibited.
To develop an iGaming website, entrepreneurs need certified software. The solution should provide for a smooth operation of the resource and the presence of a catalogue of video games from partner brands. Business owners will also need to conclude agreements with payment operators in order to organise secure transactions on the Web.
Such in-demand products as slot machines are available via online casinos, mobile platforms, and offline terminals.
The local authorities are actively developing the niche and offer loyal working conditions, a simplified licensing procedure, as well as tax allowances.
The Rosloto studio proposes a full range of services for launching and developing a casino start-up in Georgia.
Our specialists can:
With us, you can quickly establish a promising and profitable business.
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