On Thursday, February 25, Tbilisi hosted Georgia Gaming Congress, a professional event for representatives of the gambling industry. The Congress brought together twice more participants than last year (200 people) and became an informal platform for the exchange of ideas.

Twelve speakers delivered their reports at the conference. Their overall idea is that Georgia is attractive for business and glad to foreign investors. Tourists from neighbouring countries spend here $ 1.7 billion each year, visiting casinos and slot halls. This sum amounts to 6% of the national GDP. While the majority of the CIS countries prohibits or strictly controls the scope of gambling, Georgia introduces tax incentives for new operators.

What did the speakers discussed?

Georgian taxation and market characteristics. The representative of the State Tax Service of Georgia Teona Shiukashvili spoke about the tax system of the country, the head of Global Retail Consultancy Mike Nuttall shared his vision of investment opportunities, and the representative of Casinos Austria International answered the questions about doing business in Batumi.