Acting Prime Minister Nikol Pashinyan has made a statement recently proposing to close all gambling establishments Armenia. Hovewer, government refused to give an assessment to the draft law. Atom Janjughazyan, Minister of Finance of the Republic of Armenia, agreed with the provisions reflected in the document. However, he also noted that the government is not […]
Armenia’s acting Prime Minister Nikol Pashinyan has informed that bookmaker companies will be gradually closed in Armenia, where gambling is one of the major parts of the economy. According to Pashinyan’s statement made on October 24 in the parliament, the existing economic structure of Armenia is based on three industries: gambling, mining and agriculture. However, […]
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This Thursday Armenian government has approved new amendments to the law on advertising. It is suggested that only local gambling operator will be allowed to advertise in Armenia.
Though the gaming industry is growing in Armenia, the current Prime Minister Nikol Pashinián said slot machines installed and operating at filling gas stations are causing social problems in local village communities, and should simply be removed.
Armenia is a relatively favorable country for gambling industry. Unlike Ukraine, where gambling is still banned, Armenia has been supported legal gambling since its independence in 1991, thought the rules were getting tougher and tougher for gambling operators since then.
From now on gamblers under 21 years of age are banned from entering a casino. The amendment has been adopted back in September 2014, but so far there was no provision that clearly described the procedure for checking the age of visitors of gambling establishments.