EurAsia
Armenian government refuses proposal to ban gambling

The gambling ban saga in Armenia too new turn, as the government refused to evaluate the proposal. Atomjughazyan, Minister of Finance of the Republic of Armenia, agreed with the provisions of the proposal, but he categorically stated that such a ban would harm the economy. He also added that the measure would lead to corruption risks and new problems.
In short, the gambling business of Armenia will continue. The gambling industry of Armenia generates up to $ 22 million in taxes annually and creates over 2000 jobs.
In September, Armenian government has approved new amendments to the law on gambling, according to which the gambling business will be restricted to special zones of Tsakhkadzor, Sevan, Jermuk and Meghri. It was suggested that only local gambling operator will be allowed to advertise in Armenia.
-
Africa7 days ago
Ghana’s NLA Introduces New Sticker to Clamp Down on Illegal Lotto Operators
-
Asia6 days ago
PAGCOR: Online Gaming fuels nation-building, but illegal sites pose risks
-
Africa7 days ago
Rise & Hustle partners with Altenar to power its new sportsbook offering
-
Central Europe7 days ago
CT Interactive Announces Strategic Partnership with Ecasino
-
Eastern Europe7 days ago
Digitain Strengthens Romanian Market Presence Through KingCasino Partnership
-
Latest News7 days ago
Casino Playa de las Américas Implements JCM’s ICB Technology
-
Compliance Updates7 days ago
Elizabeth Varley, solicitor at licensing law firm Poppleston Allen, shares a handy refresher on the UK’s statutory levy, including the who, how much, why and how to pay
-
Conference7 days ago
BetConstruct to Participate in SBC Summit Lisbon 2025