Iveria Casino refunds players 5% slot tax using promo tickets

Posted on 5th January, 2024

Both casinos in Georgia operating under IVERIA brand, located in Tbilisi and Batumi, have decided to compensate slot machine players for the mandatory 5% state tax introduced on 1st of January, 2024.

When slot players collect funds at the cash desk, Iveria casino withholds 5% tax, but immediately issues a promo ticket for an equal amount. Funds on the ticket can only be used on slot machine play.

Thus, Iveria not only compensates players state tax, but also encourages customers to continue playing. Iveria benefits from competitive advantage over other casinos, which retain 5% tax in full

According to representative of a Batumi gambling business, most likely, the approach of Iveria casino will be successful, and remaining casinos will either have to adopt same compensation scheme or risk to lose a significant part of their slot players.

Source: https://t.me/batumicasino