The Georgian PM has called for banning online casinos
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Georgia's independence has led to a steady increase in its economic freedoms in the last few decades. Georgia is currently classed as 'very high' on the Human Development Index. The Georgian economy is forecast to grow by 6.5% in 2022.
Georgian PM wants to ban online casinos. Georgia has world-leading economic freedom. The country ranked 12th in the world on The Heritage Foundation’s Index of Economic Freedom.
Irakli Gharibashvili wants to ban online casinos in Georgia. He has criticized the harms of gambling addictions and the export of Georgian Lari in the online casino market. He is in favor of a substantial increase in taxes on online gambling, an increased legal age limit for online gamblers, and a total ban on gambling-related advertisements.
Georgia's PM wants to ban online casinos. The US has recently legalized online gambling. The global market is growing rapidly. Online casinos create new jobs, increased taxable revenue and opportunities for worldwide brand partnerships. A ban would cut Georgia off from the lucrative global markets. It would also have negative consequences for people involved in the industry.
Georgian PM wants to ban online casinos. Online gambling is a lucrative industry. PM has concerns about gambling addiction and financial problems. He wants a renewed regulation of the industry and stricter regulations. It will be interesting to see how the proposed ban pans out. and how Georgia approaches the gambling market in the coming years. The PM is willing to work with the nation's parliament to develop ‘optimal and reasonable’ solutions to the problems caused by online gambling.
Georgian PM has called for banning online casinos.
