On 22 November, Prime Minister Irakli Gharibashvili called for the prohibition of online casinos citing gambling-related harm and financial losses from the country’s economy as his key two reasons for exploring the policy.
Gharibashvili said more than GEL1bn (£240m) was being exported out of Georgia via online casinos and that the sector severely impacted younger and poorer demographics.
According to local press, Gharibashvili said: “The issue of gambling business and online casinos worries each citizen very much.
“This is the money of the country’s poor population. Ninety-nine percent of the individuals who are engaged with online gambling are socially vulnerable,” he added.
Gharibashvili has indicated that a two-phase approach should be undertaken which would impose restrictions on the industry.