Compliance Updates
Armenia changes gambling rule on allowable age
Armenia has changed the section of gambling regulation that deals with the permissible age on gambling. Gamblers in the country’s casinos must be at least 21 years of age from now on.
In fact, this particular provision has been there since September 2014. But with the new amendment, casinos must have a provision to check the age of the visitors. Atom Janjugazyan, the Minister of Finance of Armenia, signed the new order that made mandatory the checking of passport or any other identity document of the casino visitor. The casinos will be liable for a penalty up to 300 thousand drams (about 500 EUR) for any violation of the rule.
The Armenian authorities systematically tighten legislation related to online and offline gambling. Currently, Armenian Ministry of Finance is considering the possibility of restricting the activities of foreign online casinos and a partial ban on advertising of casinos on the streets of cities and in the mass media. At the same time, the government does not plan to revise the profit tax on gambling, now it is 20 per cent.
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