EurAsia

Gambling regulation bill introduced in Armenia

Published

6 years ago

February 13, 2019

Niji Narayan

Gambling regulation bill introduced in Armenia

Photo Source: sputniknews.com

Reading Time: < 1 minute

Armenian Vice Speaker of Parliament Alen Simonyan has proposed a bill in the parliament to add further regulation to gambling industry. The bill seeks to amend the existing gambling law.

“These will limit the activities of bookmaking offices in the territory of Armenia, and gambling through the well-known devices at filling stations and different public locations will be banned,” said Simonyan on social media in regards to the slot-machine type bookmaking equipment that are mainly located at CNG stations across Armenia, Armenpress reported.

The territory has walked around other gambling proposals, which include a total ban on sports betting. The Ministry of Finance also expressed the intention of changing how gambling operators are taxed in the country in order to get taxes directly from revenue.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.