GEORGIA

Georgia: Tbilisi received more than $ 12 million from gambling industry

Over 6 months in 2019, the budget of Tbilisi city has received 35.48 million lari ($ 12.13 million) of gambling taxes. This is stated in the budget report of Tbilisi for 6 months of 2019.

According to the report, tax revenues from gambling to the budget of Tbilisi amounted to 35.48 million lari ($ 12.13 million), which is just 1,4% more than the plan of 35 million lari (about $ 12 million).

The budget received 21 million lari from slot machines (about $ 7.18 million), which accounts for 59.3% of the total sum. Casino tables generated 11 million lari ($ 3.76 million) or 31.2%.  Other types of gambling – 3.4 million lari ($ 1.16 million) or 9.5%.

Compared to the same period last year, tax payments by the gambling business to the budget of Tbilisi decreased by 3.34 million lari ($ 1.14 million).

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