CIS and Baltic states market focus: Georgia

In the third of this five-part series, EGR Compliance examines emerging gambling markets for operators in the CIS region and Baltic states, in partnership with law firm Dentons

Dentons

22/05/2020

EGR ComplianceTermLicence fee

slot machine halls from €14,000 to €290,000
lotto and bingo: €4,000 for each
sports betting from €9,000 to €87,000
gambling club from €3,000 to €14,000
casino[1]across the entire territory of Georgia (except for the city of Batumi, the adjacent territory of Bazaleti Lake in Dusheti Municipality, Gudauri recreational territory, the territory of settlement of Bakuriani, as well as the territories of Kobuleti, Borjomi, Tskaltubo and Signagi Municipalities): not more than €1.4m.

Ilya Machavariani is a gambling and gaming lawyer for Europe, Russia and the CISheading the Russian and CIS gambling practice group at Dentons. He has extensive experience advising on gambling issues and advises clients on operating in the Russian Federation and the CIS, on the full range of regulations relating to the activities of gambling operators, as well as drafting the necessary contracts and internal documents.He also handles licensing processes for gambling operators that are entering new markets throughout the world.Ivan Kurochkin being an associate at CIS gambling practice group at Dentons has broad experience on gambling issues, especially in regulatory matters. His work involves advising clients doing business in the Russian Federation on various activities of gambling operators (including bookmakers), focusing on issues related to compliance with gaming licence requirements, applicable AML requirements, and issues relating to advertising of gambling operators.