Gaming license Georgia

The Rosloto company provides high-quality services to those entrepreneurs who have decided to open a gambling business in Georgia. Our brand is a reliable partner.

We offer complete gambling solutions, as well as professional support at all stages of launching a casino in Georgia.

Gambling Business in Georgia

The gambling industry in a country is concentrated in the free territory of Kutaisi. This is an industrial economic zone with an area of ​​360 thousand square metres, located in the vicinity of the city of the same name. The project was launched in 2012 and was fully completed in 2015. The main sponsor of the construction was the Chinese conglomerate Hualing Group.

Currently, the territory grants good benefits for industrial, consulting, and trading activities. Easing of many requirements and tax abatements will be provided to those companies that have decided to own a casino of Georgia. Free Zone Kutaisi attracts investors from all over the world, providing a quick return on investment.

Advantages of Obtaining a License in Kutaisi

Obtaining a license for gambling in FIZ Kutaisi has many advantages:

1. Loyal tax policy. Any organization that works in Kutaisi is exempt from VAT (18%), dividend tax (5%), property tax (1%), and corporate expenses (15%). A casino of Georgia pays only the profit tax, the interest rate of which depends on the income level of the company.
2. Comfortable conditions for starting an online business. A gambling license in Georgia does not is granted without carrying-out of such requirements as the presence of an office in the country, placement of servers and other equipment in a special zone, and the recruitment of staff.
3. Easy access to interbank transactions. In this jurisdiction, it is easy to open a merchant account in any bank of the world. Operators are automatically connected to international transfers SWIFT and IBAN.
4. The ability to work with all types of gambling. A casino license in Georgia applies to all types of gambling, including betting, selling of lottery tickets, organisation of poker tournaments and sweepstakes, and establishment of an online casino.
5. High level of the related services. Modern business is committed to the Kutaisi FIZ, offering successful iGaming solutions, which include the production and maintenance of equipment, financial and legal support, and marketing promotion from professionals of their craft.
6. The lack of quarterly and annual reporting. This approach helps to optimise costs for accounting outsourcing for all casinos in Georgia.
7. Minimal currency control. The ability to conduct transactions in any currency of the world.

Support from the authorities. The gambling sector has always been closely connected with tourism, which, according to the government, can generate up to 20% of total GDP. Therefore, not only Kutaisi has significant benefits but also other big cities ― Batumi, Tbilisi, and Borjomi.

How to Obtain a Gambling License in Georgia?

The permit is valid for 5 years. All issues related to casino licensing are handled by the gambling regulator of Kutaisi. The commission works quickly and efficiently: on average, the application response time does not exceed 20 working days.

An application should be sent in electronic form along with the necessary package of documents. This is a scan of a copy of the registration data, information on the shareholders and beneficiaries, and documents that confirm that the activity of the company is legal. All data must be presented in English and certified by the seal of the apostille.

Obtaining a license for gambling in FIZ Kutaisi is distinguished by a loyal approach to all entrepreneurs. However, applicants must meet the following requirements:

• The firm should have a director or a Chairman of the Board.
• It is necessary to open an account in one of the Georgian commercial banks.
• Contracts with gambling software vendors and suppliers of the equipment should be signed.

The competent authority does not have any specific requirements for the size of the authorised capital, which is atypical for the European practice.

The Cost of Licensing

A gambling permit in Georgia has an optimal price, and there are no additional expenses in the form of contributions and deductions.

The legislation is protected from any changes until 2030. This is a good signal for those businessmen who are planning long-term investments in the gaming sector.

Well-Coordinated Work of the iGaming Vertical

In 2024, the government changed the procedure for obtaining permits. Previously, those entrepreneurs who decided to open licensed online casinos in Georgia had to first receive the necessary certificates to operate an offline establishment with slot machines. The authorities cancelled this requirement, separating online and land-based gambling.

The updated order of legalisation has opened many opportunities and performed several tasks:

• simplified casino licensing in Georgia;
• attracted foreign companies to the market;
• expanded the geography of entertainment for money;
• made the state one of the most popular jurisdictions in Europe.

Today, promising startups are opening here, and already existing projects are actively expanding. All this contributes to the popularisation of the casino and sportsbook industry. The region receives multi-million dollar revenues from foreign investors, and the public budget increases thanks to taxes, fees, as well as state duties.

Let us consider how to obtain a casino licence in Georgia in 2024. We offer a step-by-step guide:

1. Foundation of a company. The enterprise must be registered in accordance with the requirements of local legislation. Its director can be either a resident or a citizen of another country.
2. Getting an RSI permit. This is an analogue of a personal digital key. It opens access to the jurisdiction’s online monitoring service, to which all gaming sites must be connected.
3. Registration of the application. It is submitted electronically, along with supporting documents. To buy a casino licence in Georgia, operators must provide the brand’s development plan, send certificates of conformity for games to the regulator, launch platforms and payment services, and create sketches of the future online platform.

The Revenue Service considers the request within 20 working days. Then entrepreneurs receive a notification of a positive result and continue working on the opening of an online casino with a Georgian licence.

Main Expenses for Launching an Entertainment Site

The country has a multi-level system of paying state duties. In addition to the annual fee, representatives of the iGaming vertical also need to transfer quarterly deductions, GGR tax, and social fees for hired employees to the budget.

How much does a casino licence cost in Georgia in 2024:

• $1.7 million — annual fee for permit holders;
• from $92.9 to $111.5 thousand — quarterly payment;
• 15% — gambling tax (the sum of all bets placed by players minus their prize money).

The basic expenses of operators also include:

• rental fees for the software used;
• commission to the providers of settlement methods;
• utility bills (if there is a physical office);
• staff salaries;
• marketing costs, etc.

One of the main advantages of launching a turnkey casino with a Georgian licence is the absence of requirements for the formation of a financial guarantee. Thanks to this, entrepreneurs save tens of thousands of dollars, which can be redirected to the strategic development of their companies.

Recall that in most European countries, the insurance payment is $50 thousand and higher. The sum must be held in a special bank account before you start accepting bets. This causes difficulties for all business owners since it increases the cost of implementing an entertainment project several times.

Focus on Responsible Gambling

A Georgian online casino licence is not just a formal document. It is a confirmation of fair and transparent work in a rapidly growing market.

The local government actively monitors the situation in the global industry and implements the following principles:

1. High age limit. Only customers who are no less than 25 years old can enter a gaming site. Foreign tourists can visit land-based locations from 18.
2. Mandatory verification. A casino licence in Georgia prohibits the acceptance of bets from citizens previously included in the self-restriction lists. Such digital platforms are also unavailable to civil servants, low-income individuals, and recipients of the state’s help (for example, subsidies or benefits).
3. Limited advertising. Operators are not allowed to promote entertainment for money on the Internet, radio, or TV. The only legal marketing technique is sponsorship of sports teams, as well as international and regional competitions.
4. Round-the-clock monitoring. A gambling licence in Georgia obliges its holders to connect to the supervision system. The program automatically compares the brand’s GGR data with the amount of reported taxes. Compliance with RTP standards is also extremely important.

Thus, a licence for a casino business in Georgia is a guarantee of honest and responsible work in the market within the current legislation. Obtaining permission is an excellent image step and a signal to B2B partners that an entrepreneur can be trusted.

The local certificate is issued for 5 years. This period is quite enough to launch and scale an iGaming startup, gather an impressive customer base, and earn a good profit.

Where to Buy a Casino License in Georgia?

The Georgian license is a profitable investment that can provide a decent profit in the shortest possible time. More and more entrepreneurs are thinking to obtain a permit in Batumi, taking into account the excellent tax and legal framework in this jurisdiction.

The Rosloto company will help you to launch a gambling project quickly and with minimum expenses. In our arsenal, we have more than 1000 successful gambling projects in Europe, including the Kutaisi FIZ.

We offer operators both turnkey solutions (turnkey online casinos) and individual products. These are the software development, creation of any casino game on the basis of HTML5 technology, and customisation of affiliate programs.

For more detailed information, please contact our manager.