**Georgia Introduces New Regulations for Online Gambling**
The Government of Georgia has submitted a new legislative package to the Parliament with the goal of regulating online gambling activities. The package includes changes to several laws, including the Law on Lotteries, Gambling and Winning Games.
**Key Provisions**
* A separate permit system will be introduced to control online gaming.
* Online casinos, slot saloons, and totalizators will require separate permits.
* Land-based establishments cannot host computers or electronic devices for online games without a permit.
* Fines of up to GEL 7,000 will be imposed on those who violate permit requirements.
* Annual fees and quarterly business fees will be charged based on the type of game and whether a land-based permit is held.
**Timeline**
* The final hearing took place on February 10, 2023.
* The proposed amendments will come into force on June 1, 2024.
* Entities involved in online gaming must ensure compliance with the new regulations by the same date.
**Impact**
The new regulations aim to exercise effective control over the online gaming industry. Industry participants must prepare for compliance with the new rules by June 2024.