Special Recap: 2015 Georgia Gaming CongressPublished March 2, 2015 by Mike P
Industry professionals travelled to Tbilisi in February for the launch of the Georgia Gaming Conference, a dedicated B2B gambling event for the country.
The first ever Georgia Gaming Congress was hosted last month on 20 February 2015. Planned by Smile Expo and BetConstruct, the event was hosted in the Georgian capital of Tbilisi. The aim was to showcase the potential of the Georgia online gambling industry.
When explaining the benefits of setting up in Georgia, a coordinator from the congress, Lyudmila Machusk, explained that the absence of a legislative ban on gambling is the first major advantage. Furthermore, the country’s low tax rate allows for operators to retain a larger portion of their profits than in other European jurisdictions.
In the space of one day, more than 100 participants attended from sectors such as online casino, sports betting, poker, and various related sectors, including marketing, construction, and finance.
During the congress, participants were able to witness 13 specialist presentations made by industry experts. In sharing their insights, the experts supported them by sharing various sets of analytical data, helping to convey their opinions to viewers.
The organisers of the congress chose to split it in two parts, the first of which focused on land-based casinos, while the concluding portion was geared towards online gambling. Lavrentiy Gubin was tasked with the leading the land-based section, while Dmitriy Danilenko oversaw online.
Online Growth Targeted
Comparatively, there is greater potential for quickly growing the online gambling industry. In discussing the potential for the Georgia market, technology understandably played a pivotal role.
While ample time was giving to speaking about mobile, attendees also took the time to talk about the success of free social casino content. Additionally, the rise of Bitcoin and other cryptocurrencies presents another consideration for operators in catering to players who wish to pay by using them. However, operators would be wise to focus on prioritising mobile and social efforts before looking to potentially turbulent currencies.