ARMENIA

Gambling in Armenia will not be banned: government refused to evaluate the bill

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 ready to give an evaluation of the bill. According to Janjughazyan, taking such measures can harm the economy. According to him, this may lead to corruption risks and new problems.

It is likely that the gambling business of Armenia will continue its work in the usual way. The gambling industry of Armenia pays 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.

Source: arminfo.info

Andriey Nabukhotnyi

Former editor-in-chief of Ukrainian specialized magazine catalogue Entertainment Industry. Andriey is E-Play's observer of Eastern European gambling market.

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