Gaming license in Georgia
Due to the favorable legislative policies, gaming business is developing rapidly in Georgia. There are also not many restrictions for the gaming business, which makes Georgia attractive for the investors to start this kind of business there.
Requirements
- Company registration in the form of a Limited Liability Company (LLC);
- Opening a corporate bank account;
- Opening a personal bank account (optional);
- Applying to the Ministry of Finance for permission to open/establish a casino;
- Certificate from the State Register of Legal Entities;
- A document confirming the payment of the registration fee;
- A contract between the Applicant (or business) and the lottery tickets provider (except for the games organized in an electronic form) indicating the number of tickets produced;
- Terms and conditions of the proposed activity;
- A sample of the lottery ticket (except for the games organized in electronic form);
- In case of organizing sweepstakes, a document confirming the availability of the prize fund by the amount of at least GEL 10,000 (US$3600).
Additional requirements for the online gaming:
- The actual address where the project will be managed;
- The list of games;
- The rules of these games;
- The place(s) and the deadline for issuing winning rewards;
- Information concerning the prohibition of underage (18 and below) participation in games and processing of personal data/documents.
