Georgia is a country located in south-east Europe. It borders Russia to the north, Azerbaijan to the south-east, Armenia to the south, Turkey to the south-west and the Black Sea to the west.
There are no laws or regulations concerning online gambling in Georgia. This is atypical for a number of reasons. First, a high percentage of people have Internet access in the country. It's not uncommon for there to be no regulations in countries with limited Internet access, but this is not the case for Georgia. Second, they have a lot to gain from regulating the industry like many other European countries because it would allow them to bring in revenues that are currently going to foreign companies.
The reasons why they haven't regulated the industry yet are related to the fact that their widespread Internet availability is fairly new, and there's always a period of time of "catching up" when this happens. For this reason, it's reasonable to believe that they will regulate the industry at some point over the next few years.
No licensing currently exists for online gambling. However, because the chances of licensing being implemented soon are fairly high, and because they would have a lot to gain from having a strong regulatory body, chances are that their licenses will be fairly meaningful. It's unclear whether they will create blacklists to try to block foreign sites, though since that's becoming fashionable at this point in the industry, there's a good chance that they will.
You will find no form of player protection for online gambling in Georgia in any way, shape or form. With that having been said, there are also no laws against any type of online gambling, so you won't have to worry about getting in trouble for playing, having your favorite site blacklisted or having your financial transactions interfered with, at least for the time being. The main issue is that players who enjoy online gambling from Georgia should be sure to stick with sites that have proven track records for taking care of their players and adhering to strong business practices. This will help to minimize any risk that players have due to the lack of player protections given by the government.
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