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Georgian parliament approves Law on Lotteries and Games of Chance

Georgian parliament approves Law on Lotteries and Games of Chance
Georgian parliament approves Law on Lotteries and Games of Chance

The Parliament of Georgia has approved the Law on Lotteries and Games of Chance, with 82 MPS in favor and one against. 

After the introduction of amendments to the Law of Lotteries, Games of Chance, and Other Prize Games, the gambling business will lose a million customers. 

The law will define a person addicted to games of chance and those who are banned from playing similar games. Citizens younger than 25 will not be allowed to gamble; neither will public officials, national bank employees, and the socially disadvantaged will be allowed to do so.

The rules and timeframes for including persons addicted to games of chance in the list have been determined.

All payment service providers have been banned from developing relations with foreign gambling companies to carry out payments for their benefit.

Gambling-related fines are also rising and penalty measures becoming stricter. 

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