In 2024, the turnover of Georgia's gambling industry reached 76.1 billion Georgian Lari (GEL), marking an increase of 11.8 billion GEL compared to 2023. This follows an 11.4 billion GEL rise in 2023 over 2022. The National Statistics Service defines this turnover as the aggregate sum of all placed bets.

 Historical turnover figures are as follows:

2019: 25.9 billion GEL

2020: 32.1 billion GEL

2021: 48.08 billion GEL

2022: 52.2 billion GEL

2023: 64.3 billion GEL

Preliminary data from the National Statistics Service indicates that in 2024, approximately 20,941 individuals were employed within the gambling sector, with an average monthly salary of 3,244 GEL.

 n response to the sector's expansion, the Georgian government enacted tax reforms in 2023. The profit tax rate for gambling businesses increased from 10% to 15%, and the tax on winnings withdrawn by citizens rose from 2% to 5%. Despite these regulatory changes, turnover within the sector continued to grow.

Furthermore, effective from January 1, 2025, the tax rate on income from gambling activities is set to increase to 20% for both individuals and legal entities.

These developments underscore the government's efforts to enhance fiscal revenues from the gambling industry while acknowledging the sector's significant economic footprint.