The Framework of Reporting Obligations
The relationship with the Revenue Service is part of everyday life for a gambling organizer, and this relationship takes place within a reporting framework defined by law. The twenty-ninth article of the Law of Georgia on Organizing Lotteries, Gambling and Profitable Games obliges the organizer to carry out the registration of paid winnings, create an electronic database and submit the relevant information to the Financial Monitoring Service of Georgia under the procedure established by the legislation.
Other obligations established by the same article are also the subject of preparation for inspection: the organizer conducts the game and the payment of winnings in accordance with the regulations and/or the rules of the systemic-electronic game, gives the player a written confirmation upon request, examines claims within the period established by the regulations, pays fees and taxes on time, and notifies the Revenue Service in writing before the termination or renewal of the activity.