$/€ Georgia Cracks Down on Gambling Boom: Taxes to Go Up in 2024
Kate Marshal
09 November 2023
Comment 0
Pictured: the Prime Minister of Georgia Irakli Garibashvili
Georgia is planning to raise taxes on gambling from 2024, according to the country’s Prime Minister Irakli Garibashvili.
The changes will affect both gambling companies and their customers: for companies, tax deductions will go up from 10 to 15%, and for players, from 2 to 5% (when cashing out).
Garibashvili said the move was aimed at curbing the explosive growth of gambling in the country. He noted that previous measures to tighten the grip on the industry last year did not work: the industry’s turnover hit a record 52 billion GEL ($19.2bn).
The Prime Minister expressed his shock at this trend: “I want to express surprise, on the one hand, on the other hand, it is very sad that the turnover of the gaming business is increasing”.
But the new taxes might not stop the gambling craze either. Some experts warn that they could drive gamblers to the illegal gambling market. According to statistics, 20% of the adult population of Georgia has a gambling problem.
Best Bonuses
Official PINCO Promo Code
Активен до: 22.12.2026
New players at Pinco can claim a 160% casino bonus on their first deposit by registering with the promo code GPARK.
Official Fonbet Promo Code 2026 for €3,000
Активен до: 22.12.2026
Choose a multi-stage casino bonus and get up to €3,000 and 225 free spins across your first five deposits.
Bonus Promo code PIN-UP — Special Promo
Активен до: 22.12.2026
Profitable bonus with using our promo code up to €5,000
Registration Promo Code 22Bet for 2026
Активен до: 22.12.2026
Super profitable bonus on our promo code: up to $122 for betting
Bet-at-home Bonus Code for €300 Bonus
Активен до: 31.12.2026
Activate your bonus $/€300 with the Bet-at-home bonus code! Up to 100% bonus on the first free deposits.
Valid Bet365 Bonus Code for Free Bet €30
Активен до: 31.12.2026
Use unique Bet365 bonus code – claim €30 free bet. You have up to 30 days from registering your account.
