iGN x 4H: Georgia’s iGaming License Overview
Key License Features
- Online casinos and slots: separate licenses, no land-based tie required (effective 2024).
- Online betting: only available to operators holding a land-based license.
- Term: 5 years (for betting — duration of land-based license + 60 days after closure).
Approximate Licensing Costs
| License Type | Approx. Cost | Notes |
|---|---|---|
| Online Casino (standalone) | $1,800,000 | Separate license |
| Online Casino (based on land-based) | $36,100 | Available if a land-based license is held |
| Online Slot (standalone) | $361,000 | Separate license |
| Online Slot (based on land-based) | $36,100 | Available if a land-based license is held |
| Online Betting (based on land-based) | $36,100 | Only available via land-based license |
| Land-based Casino | $90,200 — $1,800,000 | Ranges from free in designated resort areas, $90.2k in Batumi/Kobuleti/Borjomi, up to $1.8M elsewhere |
| Betting Shops | $10,800 — $108,300 | Depends on size and location |
| Slot Halls | $18,000 — $361,000 | Varies by scale and region |
| Poker Clubs | $3,600 — $18,000 | Reduced fees if licensed in Tbilisi |
Applicant Requirements
- Licenses are available only to Georgian-registered legal entities with no outstanding tax liabilities.
- Up to two domains may be used under one online license.
- Mandatory compliance: AML/FT and KYC procedures, data storage in Georgia, certified gaming systems.
- Protection of minors and self-excluded players, complaint handling, and clear player information policies.
Taxation
- Online: business tax approx. $90,200–108,300; cash register tax approx. $540–7,200.
- 20% GGR from Georgian players (except betting); 7% of deposits for betting; 5% GGR from foreign players.
- Land-based casinos: table/machine/card table fees — approx. $7,200–14,400 per table, $722–1,440 per machine, $1,440–5,050 per card table; 30% GGR applies only to slots.
Market Insights
- Transparent system with a flexible regulatory approach.
- Attractive conditions for international operators — examples include Flutter, Entain, and Betsson already active in the country.
- High player engagement and strong tourism growth.
- Low entry barriers for foreign companies.
Source: 4H Data Georgia’s licensing model stands out for its moderate taxes, relatively simple application process, and investor-friendly climate. It offers operators a legal foothold in an emerging Eastern European market, fostering a transparent and sustainable iGaming ecosystem that benefits both businesses and players.