03 Feb, 2022
"An ordered, framed and stabilized economic actor becomes a completely chaotic and uncontrolled "underground" market, where crime, financial fraud, financial pyramids will increase by 300%," - said economist Oto Abesadze on his personal Facebook page regarding the regulation of gaming business. writes.
We offer his post unchanged:
"As a result of the regulation of the gaming business, the result of one month from January 1, 2022 (it will be stricter from March 1, 2022) is as follows:
More than 10 foreign online gambling systems appeared on the market, copied with the names of Georgian gambling providers and services translated into Georgian;
started the so-called Sale of "accounts". Non-public officials over the age of 25 create and sell "accounts" for minors, public officials, etc.;
More than 50 pages have been created in the social network, where people of any age and social status can simply write to me and make a bet. (Gamazva on the hand switched to Gamzava in the chat);
More than 100 so-called A crypto casino where the game is played through crypto currencies and this area is completely unregulated.
These regulations of gaming business have caused great damage to Georgian sports. By stopping sponsorship and advertising:
In Georgian football clubs and their academies, salaries have been reduced by 40% in the best case, and in most cases they are on the verge of bankruptcy (for example, the football club Lokomotiv).
In fact, 90% of strength sports depend on the state budget.
Individual sports, where we have achieved a number of successes, remain completely, I emphasize completely, without funding.
The state budget received 4.5% of the total budget from the gambling business, and by combining with various companies affiliated with it, it reached a total of 12%.
Personnel optimization in gambling and its related field (more than 30,000 people employed in total) has started.
As a result of gambling business regulation, gambling and associated investment packages are leaving the country. In total, the country loses up to one billion euros of investment.
To explain simply, an ordered, framed and stabilized economic actor becomes a completely chaotic and uncontrolled "underground" market, where crime, financial fraud, financial pyramids will increase by 300%, and this will bring much, I emphasize, much more social damage to society," he writes. Abesadze.