The prime minister of Georgia, Irakli Garibashvili, has begun revamping the country’s online gaming regulations as a way to help the economy.
In conjunction with the Finance Ministry the proposed changes are moving through Executive Government Meetings. Garibashvili said in a statement: “Legislative initiative will be submitted to the Parliament of Georgia as a draft law. This is our desire and we are committed to intensively work with the legislature on this topic of course.”
Among the new regulations proposed, some groups will be banned from online gaming and a 25-year-old age limit will be introduced. Those banned will include those who are paid state allowances, government employees and those who are self-limited from casinos.
The government is also mulling raising taxes on the gaming sector by up to 70 percent and banning most marketing and advertising of gaming—although sponsorships will still be permitted in some cases.
