Georgia Completes Full Launch of International iGaming Licence with Integrated Banking and Payments Framework

Georgia has completed the full launch of its International iGaming Licence regime, activating all supporting utilities including banking, fintech, compliance, and payment processing under unified governance.

Random Systems Georgia serves as the government-selected regulator and technical advisor. The regime soft-launched in July 2026 and now offers international operators a complete operational environment. Georgian citizens remain excluded from participation.

Tbilisi already hosts significant iGaming activity, with software providers, live casino operators, and customer support functions for Spribe, SmartSoft, Evolution Gaming, Flutter, Entain, and Betsson. Much of the prior licensing and financial infrastructure sat outside Georgia. The new framework seeks to retain more of that value chain domestically.

Integrated Ecosystem for Licensing and Operations

Random Systems Georgia described the initiative as more than licensing. It forms a multi-dimensional ecosystem linking iGaming with banking, payments, taxation, and regulatory support. Georgia International Strategic Group promotes the framework internationally as of September 2026.

The terms include a five-year license, access to Georgian corporate banking, and arrangements for gambling-coded MCC 7995 payment processing. Tax rates stand at 5% on gross gaming revenue and 0% on reinvested profits, plus a 1% regulatory monitoring fee and an annual permit fee. Remote onboarding applies with no mandatory office required.

Vakhtang Katamadze of Random Systems Georgia stated: “Georgia is not building another licensing jurisdiction. We are building a country-level ecosystem for international iGaming.” He added that the system should help operators succeed so they can focus on business rather than infrastructure issues. Katamadze noted the pitch targets operators from the West facing taxes and bureaucracy, Asian firms seeking clear rules, and those in CIS and Central Asia.

The Test of Practical Delivery

A licence can be enacted by statute, yet confidence requires demonstrated supervision and reliable banking. According to SBC News, banks have begun onboarding operators, the regulator responds in days, and initial licensees prepare to activate.

Katamadze said: “Trust is not written into law it is earned in practice. Georgia is earning it now: banks are onboarding operators, the regulator answers in days, the first licensees are preparing to go live. We are not asking the industry to take our word for it. We invite every serious operator to come and see the system working for themselves.”

An upgrade favoring operators is scheduled for announcement in October. The framework’s longer-term test will be whether it converts stated infrastructure into sustained international commitments at scale.

Reporting: SBC News

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