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Fees Will be Increased to Gambling Business from January 1

Fees Will be Increased to Gambling Business from January 1

Fees will be increased to gambling business from January 1.

The government based on the analysis of previous years’ revenues, forecasts budgetary increase by 20 million for local governance units. The fee will be set from 20 000 GEL to 40 000 GEL in quarter for each casino table by the law. Under the current legislation, the fee is determined from 15000 GEL to 30000 GEL.

However, fees are increased on gambling apparatus as well, from 2 000 GEL to 4 000 GEL in quarter, the current law charges from 1500 GEL to 3000 GEL.

To note, the fee has been established from 250 000 GEL to 300 000 GEL in quarter on online gambling. Sharp growth is fixed there, as acting code envisages charging from 30 000 GEL to 60 000 GEL.

The fee increases on cash boxes of gambling facilities/ or systemic-electronic form of gambling organized by permit – from 1 500 GEL to 20 000 GEL in a quarter; today the rate amounts to 1 000 GEL from 15 000 GEL.

To note, the fee is grown from 4 000 GEL to 14 000 GEL on each table, however the rate has been from 3 000 GEL to 10 000 GEL. Gambling business negatively estimates the amendments.