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.
-
Africa5 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews5 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates5 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards5 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News5 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News5 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Africa4 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Baltics4 days ago
Estonian start-up vows to revolutionise iGaming customer support with AI