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Gambling business tax in Georgia has been increased by 5 percentage points to 15% as the sector’s turnover continues to expand rapidly. Cashout tax for players has also been upped to 5% from the previous 2%. ....
Georgia s iGaming industry stands as a rapidly expanding market, with an impressive 7.6% annual growth rate and an average revenue per user of $360.50 in online casinos. This, coupled with Georgia s favorable business environment, a booming tech industry and strategic location for serving both eastern and western markets, makes it an emerging hotspot for new entrants. The market offers a promising and supportive environment for growth and investment in the industry, and the gateway to explore these prospects is the iGaming Crossroads Summit 2023. ....
Georgia PM signs off on higher gambling taxes sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.
Market Digest at SBC Summit Tbilisi: Key Market Dynamics sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.