New gambling rules for Georgia
21 August, 2018
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia. It is thought that around 600 000 Georgians may presently be addicted to gambling, especially online-casinos. Georgia’s total population is approximately 3 729 600 people, so it is easy to see that the number of addicted gamblers makes up a large percentage of that population.

Everyone should know that gambl
ing is a fool’s game and rarely does it result in the punter winning. Invariably the addiction only makes them spend more in the hope of getting rich quicker. But they end up losing and being poorer. But they still keep trying, and spending more money in the hope they will have some luck next time.

Unsurprisingly, whilst having these problems within the country, profits of online-casinos continue to increase and equate to billions of GEL.

Palitra Media has refused to advertise online-casinos but instead runs a social campaign “Don’t Play, Live!”

The government is also keen to introduce strong measures which it hopes will help curb addiction and emphasize the importance of the problem among the public.
geotv.ge
Gambling is attractive for international visitors in Georgia as well. Photo courtesy: worldcasinodirectory.com

The need for new legislation was announced some three years ago but a draft of the new law was only prepared last October. There were suspicions that the delay was caused by lobbyists getting involved and trying to influence the process.

About a month ago information was leaked which suggested that the government didn’t like the first draft of the new law as they considered it may have a detrimental effect on Gambling businesses. So they decided to make some amendments to the text of the draft.

The Patriarchate of Georgia has also become involved recommending that the minimum age for gambling be raised from 21 to 25. It is thought that the suggested government amendments to date will also prohibit, public service personnel and state beneficiaries from gambling.

According to the new plan, players will be allowed to make transactions only via official banks. Georgian bank cards will be blocked for foreign online-games.

Experts think that the new regulations should be effective and benefit the country.

Levan Gogichaishvili, one of the initiators of the draft law, says that a special list will be created of those not allowed to play. Public services personnel and socially vulnerable people will be included on the list as well. “There are occasions when a person is socially vulnerable and receives material help from the State, but still gamble online”.
geotv.ge
Addiction to gambling and online-casinos is a huge problem in Georgia

“We think that people aged between 18 and 24 are the most prone to gambling, and that is why we intend to raise the minimum age for gambling to 25” – says Levan.

The reason why won’t be banning gambling and online-casinos completely is the number of foreign visitors who visit these places they spend a large amount of money which is beneficial for the state, emphasized the lawmaker. “After these measures are implemented, we think that the number of online-gamblers will decrease by 70 percent.”

Author: Ema Tukhiashvili

Related stories:



Print
Other Stories
Georgian citizens are granted the right to work in France
The French Embassy in Georgia made remarks on granting Georgian citizens the right to work in France
The New York Times: Bitcoin declines but Georgia still bet on it
The New York Times has recently published an article about reasons, challenges and causes of generating Bitcoin in the former Soviet country Georgia.
EU to allocate € 13 billion for Eastern Partnership countries, including Georgia
The European Union together with the World Bank plans to allocate investment worth € 13 billion for infrastructure projects in the Eastern Partnership countries.
Anaklia Port and its importance for Georgia
In 2016, Anaklia Development Consortium was authorized to launch the construction of Anaklia Port.
Cryptocurrency mining threatens electrical network in Abkhazia
In the breakaway region of Akbhazia rampant cryptocurrency mining is threatening the shaky electrical network, reports an article of the news portal EuroNet.
Caucasus Wine University to be opened in Gurjaani
In the Kakheti region a new viticulture campus of the Caucasus University is in the process of planning.
Photos describing life of the poorest in Georgia
Fight with poverty should be among top priorities of every government in every country.
Training farmers to rescue the organic hazelnut production in Georgia
Even drizzling rain and unpleasant gusts of wind can’t prevent the farmers from coming and participating in the agricultural training.
Bleak times for organic farmers in Georgia – but there is hope
Organic hazelnut production is a delicate plant in Georgia that has emerged just a couple of years ago. Various pests, among them the Asian stink bug Parosana, trouble hazelnut farmers and menace their livelihood – even before their businesses could really take off.
Hybrid car imports are going through the roof in Georgia
Thanks to their fuel economy, the popularity of hybrid cars is increasing in Georgia, where fuel affordability is low and prices for fuel are unstable.
The New Year offer from MAQRO Construction - Apartments with unbelievable discounts and the parking spaces for FREE!
Location, green yard, spaces for various needs, experience of the construction company and parking space are the main important criteria for potential buyers of apartments.
Interview with the co-founder of Kiwi Vegan Café – the first vegan place in Tbilisi
Behind the Kiwi Vegan Café stands a group of activists who wants to raise Georgian’s awareness for animal rights and welfare.
Biblusi opens first shop for tourists - Georgian
The largest book shop in Georgia Biblusi opens the first shop specially designated to the needs and interests of tourists and named it Georgian.
Georgia improves by five ranks in the Prosperity Index
In the overall Prosperity Index rankings, Georgia has climbed by 5 positions from 85 to 80 when compared to last year. As such, Georgia is the best performing country in the CIS zone.
The future is bright for electric cars in Georgia
The numerous hybrid cars in the streets of Tbilisi cannot be overlooked. Entrepreneur Sulkhan Gvalia calls them “pagers”, referring to the predecessor of mobile phones.
Georgia’s fight against the big tiny enemy – Asian Parosana
It’s a tiny creature, but the harm it did to the Georgian agriculture sector was and still is immense.
New cable route: from Kobi to Gudauri in 15 minutes
On the 15th of December, cable transport is scheduled to be opened connecting Kobi and Gudauri.
Tourist boom in Gudauri – majority of hotels are booked by foreigners
Gudauri is among the most popular winter resorts in Georgia.
Medical tourism increases in Georgia
In the last 9 months, Georgia was visited by 19 500 foreigners for medical and recovery purposes.
Doing business in Georgia has become easier than in America
According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year.
Problems that foreigners frequently face in Georgia
The importance of Georgia as a tourism hub is growing year after year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
22.03.2019
23.03.2019
USD
1
USD
2.6793
2.6793
EUR
1
EUR
3.0515
3.0515
GBP
1
GBP
3.5182
3.5182
RUB
100
RUB
4.2031
4.2031
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.6793
EUR
1
EUR
3.0515
GBP
1
GBP
3.5182
RUB
100
RUB
4.2031
March 2019
Mon Tue Wed Thu Fri Sat Sun
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31