Georgia PM calls for the prohibition of online casino

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Zelenskyy positively responds to a petition calling to ban online casinos during martial law

The petition's author was a serviceman from the 59th Brigade, Pavlo Petrychenko. According to the petition, online casinos negatively influence some soldiers who lose large sums of money there amid high stress. According to Ukraine's National Bank, Ukrainians spent nearly UAH 150 billion ($3.9 billion) in gambling in 2023. Not all this sum was…

Law ・ 30 March 2024

World Casino News

Kazakhstan Revising Gambling Framework

The Kazakh government has revealed that it will demand every gambling operation in the country to file direct reports on the profiles and gambling activities of Kazakhstani residents. Approval by Parliament: The order was officially validated by the Mazhilis, aka Parliament, which instructed the latest gambling reporting obligations to be added…

Law ・ 25 November 2023

iGaming Business

Georgia raises gambling tax rates

In his budget speech, Irakli Gharibashvili said that sector turnover grew from GEL48bn to GEL52bn ($19.2bn/£15.5bn/€17.9bn). This 2022 level was described as a "catastrophic figure" by the Eastern European nation's prime minister. Gharibashvili noted his surprise at this increased participation rate, which came despite the imposition of a ban on…

Law ・ 06 November 2023

Yogonet

Australian govt. to launch online gambling self-exclusion platform BetStop to curb addiction

In an attempt to curb gambling addiction, the Australian Communications and Media Authority (ACMA) has announced that it will set up a voluntary betting exclusion scheme starting in August. The national self-exclusion platform, BetStop, will enable Australians to exclude themselves from all 150 licensed online gambling companies for a period from…

Gambling Addiction ・ 11 July 2023

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Gambling News

CreedRoomz Partners with Lider Bet, Offers Live Casino in Georgia

Image Source: CreedRoomz CreedRoomz, a tech company providing high-quality live casino solutions, has unveiled a new partnership with Lider Bet/Leader-Bet, a Georgia-based iGaming and betting operator. Under the agreement, the former party will fuel Lider Bet's leading platform with live content. As announced, CreedRoomz's full catalog of live…

Industry ・ 07 July 2023

iGaming Business

Georgia shakes up gambling laws despite licence fee concerns

Irakli Garibashvili, the prime minister of Georgia, has signed off on a package of reforms to the country's gambling laws, including new rules that limited online casinos to land-based organisations. The reforms are the largest shake-up to the country's gambling laws since 2021, when Georgia attempted to reform its regulatory regime due to safer…

Law ・ 23 February 2023

Casino Guardian

Online Gambling Companies in Australia to Include New Taglines in Their Responsible Gambling Messages as of Early 2023

Online gambling operators will be required to implement new mandatory advertising taglines under the National Consumer Protection Framework's new set of rules. The decision for the move has been based on new behavioural research that has been carried out alongside a current increase in problem gambling rates in online punters in Australia. The…

Industry ・ 02 November 2022

Yogonet

Georgia's Ministry of Finance meets with gambling industry representatives to discuss sector requirements for EU bid

According to an announcement from the Ministry of Finance of Georgia, Deputy Ministry of Finance Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the nation the membership candidate status. The discussion…

Industry ・ 20 September 2022

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Armenia approves final reading of gambling cash payment ban

Betting and gaming operators in Armenia can expect the payment options available to them to be significantly restricted following a legislative decision. The Bill passed with a total of vote count of 67 and the law will come into effect in 10 days, prohibiting cash payments for gambling. . After six months, bettors will be unable to conduct…

Politics ・ 25 May 2022

The Jerusalem Post

The Georgian PM has called for banning online casinos

Georgia's independence as a nation has led to a steady increase in its economic freedoms in the last few decades, and the country is currently classed as'very high' on the Human Development Index. With a population of 3.7 million, Georgia is a member of many influential international organizations, and despite a period of economic and political…

Covid ・ 23 February 2022

Eurasianet

Georgian government moves to rein in gambling

Giorgi started gambling when he was 14. He started small, betting one lari (about $0.30), on online roulette. Soon, though, he was playing poker, roulette, and slots online, at a friend's home, and only going to school to try to borrow money from his classmates. A big win might amount to 500 lari ($160), which he would spend on some new clothes,…

Finance ・ 27 January 2022

AmoMama

Georgian authorities declare war to online casinos

The Georgian authorities came up with an initiative to ban online casinos in the country, Sputnik Georgia reports. At the first stage, it is planned to increase taxes for them, ban advertising, introduce an age limit (25+), and at the second stage, ban the activities of all online casinos altogether. The authorities moved from words to actions -…

Incidents ・ 07 January 2022

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Yogonet

Georgia passes bill with gambling restrictions, higher taxes and age limit, advertising ban

Georgia's parliament passed a bill Wednesday imposing restrictions on gambling, including the rise of the age limit for gambling, banning advertisements, and increased taxes on the industry. The package law includes the imposition of a 10% tax on gross gaming revenue as opposed to the current tax on profits, as well as a 2% tax on winnings. The new…

Finance ・ 23 December 2021

OC Media

Georgia passes sweeping gambling restrictions

Georgia's parliament has passed a bill imposing serious restrictions on gambling, including raising the age limit for gambling, banning advertisements, and increasing taxes on the industry. The law was voted through by the Georgian Dream MPs on Wednesday following expedited hearings in parliament. Activists have long campaigned for restrictions on…

Strategy Guide ・ 22 December 2021

Fingerlakes1

Online casinos in the Netherlands: Games, players and regulation

Traditionally the Dutch have been regarded as having a very liberal approach to taboo topics. You might think online gambling wouldn't be a big deal in such a liberal country. On the subject of online gambling, the Dutch Government has generally taken a conservative stance. The Netherlands' government strictly regulates all legal forms of gambling.…

Law ・ 17 December 2021

SBC News

Georgia PM moves forward on tax, age and advertising clampdown of gambling

Georgia PM Irakli Garibashvili has followed through on his demands for drastic restrictions to be placed on the online gambling industry protecting citizens and the economy. In an update at the Executive Government Meeting, Garibashvili backed a new draft proposal recommending that taxation on online gambling be increased, to an'overall tax base of…

Finance ・ 01 December 2021

Gambling News

Georgia Outlines New Gambling Rules, Blocking Ads and U-25 from Gambling

The government of Georgia has detailed new prohibitions on online gambling along with the suspension of advertisement and a new tax regiment. This comes at the behest of the country's prime minister, Irakli Gharibashvili, who urged lawmakers to act on gambling last week. Gharibashvili has cited gambling-related harm as the reason why Georgia should…

Winnings ・ 30 November 2021

Gambling News

Georgia Turns on Gambling as PM Envisions Banning Online Casinos

Georgia, a once pro-gambling nation, is now making a 180-degree turn as the government considers cracking down on online casinos amid fears of money flowing out of the country. Georgia's Prime Minister, Irakli Gharibashvili, explained that the government's ambitions are to enforce the strongest online casino rules among all countries in the…

Jobs ・ 23 November 2021

The Border Mail

Online gambling companies need to be taxed for community harm

This week, an Australian gaming giant found its way into the finance pages of our major newspapers. And no, it wasn't the well-known casino company you're thinking. It was the virtually-unknown Virtual Gaming Worlds. More profitable than the highly-regard Canva and Atlassian, Virtual Gaming Worlds has a valuation of $3.38 billion. VGW is now being…

Law ・ 08 November 2021

Gambling News

Polish Offshore Online Gambling Market Shrinks to 25%

The offshore gambling market shrunk to 25% of the total in 2020, new research by H2 Gambling Capital has indicated. The legalization of online gambling in Poland has significantly shrunk the share of the offshore betting and gaming market in the country, a new report by H2 Gambling Capital, commissioned by Totalizator Sportowy, has…

Industry ・ 07 September 2021

SBC News

Garzon warns of tougher Spanish gambling reforms

Alberto Garzon, Spain's Minister of Consumer Affairs, has warned licensed gambling incumbents to prepare for further drastic changes to the country's gambling laws, which will focus on raising all-around consumer protections and operator conduct. Appointed last year by Spain's coalition government to overhaul a fragmented gambling regime, Garzon…

Law ・ 10 August 2021

Yogonet

Slotegrator analyzes Lithuania's igaming market amid licensing reform

small but prosperous country on the eastern shores of the Baltic Sea, Lithuania experienced a boom in online gaming over the past two years. The local gambling market's spectacularly quick shift towards iGaming was further solidified by last year's lockdowns, and local authorities were pushed to revise existing regulations to guarantee a good mix…

Law ・ 14 July 2021

SBC News

Suicide Prevention Australia demands stricter federal controls of online gambling

Suicide Prevention Australia has submitted its response to the Federal Government's review of online gambling, stating that "stricter regulation of the gambling sector is required across all Australian states". Canberra's Government has commissioned a' Senate Standing Committee' to review and draft new federal amendments to update…

Incidents ・ 15 May 2021

Agenda

Deputy finance minister, gambling industry representatives discuss business-related conditions for Georgia’s EU candidacy

Georgian deputy finance minister Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the country the membership candidate status, the ministry of finance said. The discussion involved a review of articles in the…

Industry ・ 19 September 2022

Agenda

Over 1 mln individuals on gambling ban list in Georgia

Over one million Georgian citizens have been included in the list of individuals banned from online gambling and not allowed in brick-and-mortar casinos in the country since the introduction of new regulations for the gambling business on March 1. The Revenue Service said on Thursday 1449124 had been included in the list since the Law on Organising…

Lottery ・ 18 August 2022