About Crocobet
The story of how a Tbilisi startup became one of the top-3 online gaming operators in the country of Georgia (Caucasus), competing against global giants Entain and Flutter.
Our Story
Crocobet was founded in 2017 in Tbilisi, the capital of the country of Georgia (Caucasus region), with a clear mission: to build a world-class online casino and sports betting platform rooted in Georgian culture and values. Co-founded by Giorgi Barnabishvili, the company entered a market dominated by international operators and set out to prove that a locally-born brand could compete at the highest level.
From the beginning, Crocobet took a different approach. Rather than simply licensing foreign software and rebranding it, the team invested in building proprietary products that resonated with Georgian players. This strategy paid off quickly. By 2019, Crocobet was recognized as Georgia's fastest-growing gambling company, a remarkable achievement in a market where competitors included Entain-owned CrystalBet and Flutter-owned Adjarabet, both backed by billions in global resources.
Today, Crocobet stands as a top-3 operator in the country of Georgia, employing over 269 people across three continents. The platform offers more than 300 games from world-renowned providers including Pragmatic Play, Big Time Gaming, NetEnt, BF Games, Spinmatic, SYNOT Games, and CreedRoomz, all delivered through the EveryMatrix platform with Cloudflare, Angular, and Kubernetes powering the technical infrastructure.
What truly sets Crocobet apart is its commitment to innovation and community. The company launched Betzone in 2019, a social betting feature that allows users to search and copy betting tickets from other players, filtering by coefficients and strategies. In 2020, Crocobet introduced UFO, a proprietary crash game with simple, fast mechanics that became an instant hit among Georgian players.
Beyond gaming, Crocobet has invested deeply in Georgian sports and society. The company sponsors over 12 football clubs across the country, supports individual athletes including wrestler Raul Tutarauli and boxer Vakhtang Khurtsidze, and has donated 1 million GEL to COVID-19 relief efforts through the Georgian Gambling Association. A separate 1 million GEL athlete support program was established in 2021 to back Georgian sportspeople across disciplines.
Crocobet's media ecosystem extends beyond gaming through Croco.ge, a dedicated Georgian sports news portal launched in 2018, and Croconet.ge, an entertainment and movie review platform from the same year. These properties reflect the company's broader ambition to be a cultural institution in Georgia, not merely a gambling operator.
SiGMA World Award -- Best Marketing Campaign of the Year
Presented at the SiGMA Europe summit in Malta, one of the premier events in the global iGaming industry. The SiGMA Awards celebrate excellence across gaming and emerging tech, recognizing leading organizations for setting the gold standard in performance and innovation. This award belongs to every member of the Crocobet team whose contributions made the ambitious idea a reality.
Our Mission
To deliver the most innovative, transparent, and culturally authentic online gaming experience in the country of Georgia, while investing meaningfully in Georgian sports, culture, and communities. We believe that a gaming company should be a positive force in its home market, and every decision we make reflects that belief.
By the Numbers
Leadership
The people guiding Crocobet's growth in the country of Georgia.
Temur Mikeladze serves as Chairman of Crocobet, providing strategic direction and governance oversight. Under his leadership, the company has grown from a local startup to a top-3 operator in the Georgian market, competing against multinational incumbents.
Giorgi Barnabishvili co-founded Crocobet in 2017 with a vision to create a truly Georgian online gaming platform that could stand alongside the best in Europe. His entrepreneurial leadership drives product innovation and market strategy.
Levan Kobiashvili brings extensive experience in Georgian sports and business. A well-known figure in the country, he contributes to Crocobet's community engagement strategy and sporting partnerships portfolio.
Giorgi Pilia plays a key role in Crocobet's operational management, overseeing day-to-day business functions and ensuring that the company maintains its high standards of service delivery and regulatory compliance.
Milestones
Company Founded
Crocobet is established in Tbilisi, Georgia by co-founder Giorgi Barnabishvili with a vision to build a world-class Georgian gaming platform.
Media Expansion
Launch of Croco.ge, a dedicated Georgian sports news portal, and Croconet.ge, an entertainment and movie review platform. Both became key brand pillars.
Fastest-Growing Operator
Recognized as Georgia's fastest-growing gambling company. Launch of Betzone, a pioneering social betting feature. Sponsorship of the Bakhmaro Cup traditional horse race.
Innovation & Responsibility
Launch of UFO, a proprietary crash game that became an instant hit. 1M GEL COVID-19 donation through the Georgian Gambling Association. Strategic relocation initiative to Batumi.
Athlete Investment
1M GEL athlete support program launched, backing Georgian sportspeople across disciplines. Continued expansion of sponsorship portfolio.
SiGMA World Award
Crocobet wins the SiGMA World Award for Best Marketing Campaign of the Year in Malta, one of the most prestigious recognitions in the global iGaming industry. The award, presented at the SiGMA Europe summit, acknowledged the creativity and impact of Crocobet's marketing across the Georgian market.
International Partnership
Crocobet becomes the official Georgian betting partner of SSC Napoli, one of Europe's top football clubs. A landmark partnership for Georgian gaming.
Frequently Asked Questions
When was Crocobet founded?
Crocobet was founded in 2017 in Tbilisi, Georgia (Caucasus). It has since grown to become one of the top-3 online casino and sports betting operators in the country of Georgia.
Who owns Crocobet?
Crocobet was co-founded by Giorgi Barnabishvili and is chaired by Temur Mikeladze. The company is headquartered in Tbilisi, Georgia and operates under a license from the Revenue Service of Georgia.
How many employees does Crocobet have?
Crocobet employs over 269 people across 3 continents, making it one of the largest dedicated gaming employers in the country of Georgia.
What makes Crocobet different from other Georgian operators?
Crocobet distinguishes itself through proprietary innovations (UFO crash game, Betzone social betting), extensive community investment (1M GEL COVID donation, 12+ club sponsorships), and a uniquely Georgian product offering including traditional table games like dominoes, backgammon, and bura.