to the existing law, including moving the oversight from the Ministry of Finance to the Ministry of Economy.
Tose operating online gambling and lottery
activities must now obtain a separate authorisation for accepting bets alongside their licence. Cash transactions have been prohibited. De-
positing funds into gambling accounts, topping them up, placing bets, and payout of winnings must be exclusively in non-cash form and in Drams. Foreign currency transactions are permitted if
the player is a foreign national without Armenian registration, the transaction is made from a non- Armenian IP address, or the deposit, top up or payout is not made through a bank or payment system licensed by the Central Bank. Another amendment prohibits operators from
foreign countries from participating in online gambling activities and/or advertising their games, unless they have the relevant licence required under Armenian law. Tere are systems now in place to block access to such activities.
Finally, there are tougher restrictions in place
for gambling advertising. Previously, this was permitted in hotels with four or five stars and at border checkpoints. However, it is now prohibited in these locations and is now only permitted on the gambling website of the operator and inside, or on, those locations operating casinos, gambling venues, or betting offices. Te advertising of raffles or lotteries is allowed
at the Points of Sale. Te advertising of offshore gambling operators, including the domains other than .am is also strictly prohibited. Tis is part of a broader policy to reduce public
exposure to gambling. Advertising companies claim that 60 to 70 per cent of their revenue comes from online gambling and lottery promo- tions, although government officials argue that the figure is closer to 25 per cent. In 2025, the Competition Protection Commission
fined four bookmaker companies nearly AMD1bn for sending advertising messages to people, citing unfair competition.
65
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102
