EurAsia
The Gov’t of Georgia is considering online gambling prohibition
The Republic of Georgia is considering a total prohibition of online gambling as part of its gambling regulatory overhaul, although not all members of the government are convinced that it’s a good idea.
Special commissions are currently working in the parliament and the Ministry of Finance on the introduction of new regulations on gambling.
Unlike the Ministry of Finance, the parliamentary group is inclined to make a radical decision of a complete ban on online gambling.
Deputy Finance Minister of Georgia Lasha Khutsishvili confirms that this issue is being discussed, but notes that international practice shows the ineffectiveness of the prohibitive measures in this field.
“We analyze the world experience to understand how effective are those or other measures taken with respect to online gaming. The international practice shows that at present there are no effective mechanisms to actually prohibit online games. Millions are spent from the state budget on such measures, but in vain, “- said Deputy Finance Minister of Georgia Lasha Khutsishvili.
In his opinion, the ban in reality does not work, as modern technologies make it easy to circumvent such regulations, and full control over the Internet is the only real alternative.
“The Finance Ministry is also considering this issue from the point of view of fiscal policy, full control over the Internet is associated with very high costs,” commented the deputy minister.
In July, the Ministry of Finance announced plans to establish a Gambling Business Policy Division, which was given a mandate to develop the nation’s gambling regulations in conjunction with stakeholders, while ensuring appropriate consumer protections for local gamblers.
EurAsia
Push Gaming expands in Georgia with Ambassadoribet
B2B gaming supplier Push Gaming has amplified its European growth via a new partnership with Ambassadoribet in Georgia.
The provider’s entire portfolio of hits will become available to players of the popular brand, including recent releases like Big Bam-Book and Razor Ways alongside popular legacy titles such as Jammin’ Jars.
Ambassadoribet has amassed a large following of players in Georgia, catering to both land-based and online sectors since its launch in 2023, with this latest agreement further bolstering its offering.
The deal solidifies Push Gaming’s position in the Georgian market, enhancing its reputation as a leading provider across Europe. With a pipeline of highly anticipated games on its roadmap, the supplier is poised for continued expansion following this partnership.
Fiona Hickey, Chief Business Development Officer at Push Gaming, said: “Ambassadoribet has quickly established itself as a prominent operator in Georgia since launch. We are delighted to partner with a brand trailblazer as it epitomises our own ambitions for growth in the country and elsewhere.
“With a focus on quality content and player engagement, we are excited to see how its player base responds to our innovative titles and look forward to continued growth in the Georgian market.”
A Spokesperson at Ambassadoribet, added: “Push Gaming has developed a reputation for creating some of the most well-recognised and thrilling slots on the market and we are proud to offer them on our platform.
“Having its entire portfolio available will be a huge draw for players and offer existing users new experiences to enjoy. Integrating them into our offering adds huge strength and further diversity in content.”
Compliance Updates
GOLDENRACE SECURES A NEW CERTIFICATION IN GEORGIA
GoldenRace, leading B2B provider of award-winning Virtual Sports and betting solutions, is thrilled to announce that it has successfully secured certification for its games in Georgia, further solidifying its presence in the rapidly growing European market.
Georgia is quickly emerging as a key player in the iGaming industry, and achieving this certification is a crucial milestone for GoldenRace. Despite global challenges, the gambling sector in Georgia has experienced impressive growth, surging by 23% – a clear indicator of the market’s potential.
With this new certification, GoldenRace is now fully compliant with Georgian regulations, enabling the company to offer 19 of its top games to the Georgian audience. Fans in Georgia can now enjoy a wide range of virtual sports, including GoldenRace’s leading Virtual Football, MMA, Greyhound Racing, and Historical Horse Racing, as well as popular number games like Keno, Perfect6 and Spin2Win.
These certified games have been seamlessly integrated into the Georgian online gaming environment, with a robust setup that supports both Scheduled and Instant modes across Desktop and Mobile platforms.
This achievement follows GoldenRace’s recent certifications in Croatia and the Netherlands, as the company continues to strengthen its presence in key European markets, where it already holds a leadership position in countries like Italy, commanding 60% of the Virtual Sports market.
“Securing certification in Georgia is a proud moment for GoldenRace, especially as we introduce top-performing games like Historical Horse Races and our Football Leagues to a market that highly values these Virtual Sports,” said Martin Wachter, CEO and Founder of GoldenRace.
Compliance Updates
CT Interactive Certifies More Games for the Georgian Market
CT Interactive has certified 51 more games for the Georgian market. This is yet another step in the company’s commitment to providing top-tier gaming content and enhancing the player experience in the Eastern European country.
Dimitar Muhovski, Product Analyst at CT Interactive, said: “The Georgian market has shown tremendous growth. By adding these 51 titles, we reaffirm our dedication to delivering premium gaming content that meets the preferences of our players.”
Following the successful certification of numerous titles last year, CT Interactive continues to strengthen its presence in the Georgian market. The new games include popular titles such as Doctor Winstein Buy Bonus, The Magic Goblet, Banana Merge, Mega Gnome, Hyper Cuber, and Fruits & Sweets. These games, known for their engaging mechanics and high-quality graphics, are set to offer Georgian players a rich and diverse gaming experience.
This expansion reflects CT Interactive’s broader strategy to enhance the gaming landscape in Georgia.
“Our latest certified titles demonstrate our commitment to innovation and meeting market demands. These additions will further solidify our position among the leading gaming content provider in Georgia,” added Muhovski.
The company’s dedication to compliance and quality ensures that all its games meet regulatory standards, providing a safe and enjoyable gaming environment for players.
“As we grow, our focus remains on delivering high-quality gaming experiences. We are excited to see how these titles will be received by our partners and players,” Muhovski said.
This strategic update not only enhances CT Interactive’s portfolio but also demonstrates the company’s commitment to excellence and innovation in the gaming industry.
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