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Casinos in Georgia will have the opportunity to organize international gambling tournaments. Organizing events of this type is added to the types of permitted activities. The parliament is considering a bill that would establish the rules for holding competitions of this type. A tournament with a guaranteed prize fund in which at least 70% of the participants are foreigners will be considered international. They can be held both on the territory of the casino and outside it with a special permit. If the prize fund exceeds 3 million lari ($1.2 million), the organizer is exempt from the playing fees for the tables involved in the tournament. At the same time, the annual licensing fee will be 100 thousand lari ($38.4 thousand). The fine for violating the terms is 50,000 per iced, for organizing a tournament without a license - 150,000.

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Pro Georgia / Про Грузию · · Source

Casinos in Georgia will have the opportunity to organize international gambling tournaments. Organizing events of this type is added to the types of permitted activities. The parliament is considering a bill that would establish the rules for holding competitions of this type. A tournament with a guaranteed prize fund in which at least 70% of the participants are foreigners will be considered international. They can be held both on the territory of the casino and outside it with a special permit. If the prize fund exceeds 3 million lari ($1.2 million), the organizer is exempt from the playing fees for the tables involved in the tournament. At the same time, the annual licensing fee will be 100 thousand lari ($38.4 thousand). The fine for violating the terms is 50,000 per iced, for organizing a tournament without a license - 150,000.

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