Tag Archives: georgia

The tectonic plates are shifting between Western and Eastern European gambling as noted by Temur Mikeladze, Chairman and Co-Founder of Crocobet. Sharp contrasts appear, as market maturity and regulatory tightening begin to set across multiple Eastern jurisdictions. An expert in scaling EE and former CIS markets, Mikeladze tells SBC that igaming’s future winners recognise the unique “cultural, regulatory, and economic …

Armenia continues to modify its gambling regime, as Parliament has approved a package of new amendments to rectify existing laws related to gambling. Approved on Wednesday, 12 June, legislative changes will introduce new tax charges on ‘gambling winnings’, categorised as “large win” and “regular win” for customers. A “large win” is defined as any single win exceeding 5 million drams …

EGT Georgia has been revealed as the presenting partner for the upcoming edition of SBC Summit Tbilisi, jointly organised by SBC and SMH. SBC Summit Tbilisi is scheduled for 25-26 June at the Sheraton Grand Tbilisi Metechi Palace. With over 1,500 senior sports betting and iGaming executives in attendance, this gathering in Georgia’s capital aims to strengthen ties and provide …

The Ministry of Finance of Georgia has updated the ‘electronic registry of citizens’ to comply with upcoming changes to the Caucasus nation’s gambling laws. Applied via an executive order from the Prime Minister, Irakli Gharibashvili, from 1 July 2024, the new laws of the ‘Code of Administrative Offences’ will come into force in Georgia, which involves a strict tightening of …

CIS gambling expert, Viktoriya Zakrevskay, Founding Member and Deputy Chair of the Ukrainian Gambling Council (UGC) shares her insights from the SBC Summit Tbilisi, as regional stakeholders still view Ukraine’s market ambitions positively. The recent symposiums held at the SBC Forum Tbilisi, sparked an illuminating discussions centered on Ukraine’s burgeoning gambling industry. Nestled on the border between Eastern Europe and Central …

Irakli Gharibashvili, the Prime Minister of Georgia, has signed an executive order to implement new gambling laws, penalties and protections. Gambling businesses in Georgia have been warned to prepare for a regulatory overhaul beginning in 2024. From 1 July 2024, the laws and amendments of the new ‘Code of Administrative Offences’ will come into force in Georgia, which oversees a …

 In a move set to make waves in the gaming and esports world, London based Esports Insider and SMH Global, with its HQ in Tbilisi, Georgia, have announced a strategic collaboration aimed at conquering the realms of esports and gaming in  Eastern Europe, Central Asia and Middle East. Sam Cooke, Co-Founder and MD of Esports Insider said of the news: …

Irakli Gharibashvili, Prime Minister of Georgia, has instructed ministerial agencies to proceed with increasing taxes on gambling businesses.    The PM declared the command as a primary directive of the Budget Speech, citing concerns that gambling had reached “catastrophic levels”, as Georgians are reported to have wagered GEL 52bn (€17bn) in 2022. As a direct response to growing concerns, Gharibashvili has …

Playtech will roll out its sports betting and igaming services to Adjarabet in Georgia and Armenia, with the live casino vertical highlighted as a particular area of focus. The delivery of Playtech’s products to the two markets has been enabled by the London-based firms’ agreement with FTSE100 global gaming group Flutter Entertainment. Having embarked on a global expansion strategy in …

SBC Summit Tbilisi is poised to present an all-encompassing series of conference sessions that will deeply delve into the boundless opportunities in Georgia and its neighbouring regions, spanning the Black Sea Region, Central Asia, Eastern Europe and the Balkans. As the foremost iGaming and sports betting conference for Georgia and its adjoining areas, SBC Summit Tbilisi is jointly organised by SBC …