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GEORGIA EMBRACES ONLINE GAMBLING
December 12,2011 : Casino operators claim double that of global growth
Online casino owners in Georgia, a sovereign state of approx. 4.7 million residents in the Caucasus region of Eurasia, claim a boom in the demand for online casino's, double that of global growth, as internet access grows in the state.
Georgian residents are reportedly embracing the ease of online gambling, with a penchant for online poker, as opposed to visiting terrestrial locations and are ideally suited in temperament for gambling being described as erudite and excitable by Oto Shalikashvili, CMO of Adjarabet.
"Launching an online casino business is easier in Georgia than getting an international license", an unnamed online casino owner told Georgian news site The Financial. Georgian legislation requires a five million GEL (GBP 1.935 million) license for casino registration that allows the establishment of a terrestrial casino - a prerequisite to operating an online casino.
“To start with we brought online casino and poker to the market. Then as demand increased we added a new product - totalizator. We are oriented on high quality and the newest games. These are intellectually high-level games. We create a product that gives us profit,” said Bacho Gviniashvili, director at Lariwin, adding that business is very profitable in the country.
Gambling News :
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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