EurAsia

Armenia to proceed with closure of all betting shops

Published

7 years ago

October 26, 2018

Niji Narayan

Armenia to proceed with closure of all betting shops

Photo Source: Wikipedia

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Nikol Pashinyan, the acting prime minister of Armenia, has firmly stated that betting companies in the country will have to close down gradually. Pashinyan said in the parliament that the existing economic structure of Armenia is based on three industries: gambling, mining and agriculture. However, according to him, this structure must be transformed.

He categorically stated that the bookmaker offices in Armenia will be closed, but only gradually. First, activity of bookmakers will be limited, slowly leading to closure.

The reason for this decision was the appeal of residents of Kapan town, who complained that local men spend a lot of time in betting shops, leaving large sums of money there. Pashinyan said that the authorities should show the citizens of the country that money can be earned by their work, and not only by bets.

At the present moment there are about 300 offline betting shops operate in Armenia in addition to online betting providers.

Source: armeniasputnik.am

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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.