The Totalizator: Concept and Model
The totalizator belongs to the group of profitable games: under the third article of the law it is a game conducted on the forecasts of players of the course of a competition, a game or the result of some event, by placing bets, while the winnings depend on the size of the bet and the result. The same definition prohibits the organization of a totalizator in cases where the result may be known in advance to one or both parties. A totalizator is conducted in a specially equipped building or part of it, and under the consolidated edition of the law — also in a systemic-electronic form.
This nature of the model — the dependence of winnings on the pool of placed bets — distinguishes the totalizator from casino games and is reflected in the permit logic as well: it has its own permit categories.
The Two Permit Categories
Under the eleventh article of the law, the organization of a totalizator and the organization of totalizator games in a systemic-electronic form are subject to permitting. The latter is issued only on the basis of a permit for organizing a totalizator, and a single permit allows the organization of no more than 2 websites under internet domain names — with two domains, one for players holding Georgian citizenship and the other for foreign players. A totalizator organization permit is issued for a term of 5 years, and the systemic-electronic one — for the remaining term of the basis.
The sequence of termination and suspension is also determined: upon termination of the activity envisaged by the totalizator permit, the systemic-electronic activity is admissible during the current quarter but for no more than 60 calendar days; in each following quarter — only upon renewal of the physically equipped object for at least 30 days. Upon cancellation of the permit, the systemic-electronic permit obtained on its basis is also terminated.