Wed, 14 January
1.1 C
Yerevan
USD: 380.33 RUB: 4.84 EUR: 443.24 GEL: 141.16 GBP: 511.62

Armenian’s gambling businesses paid last year 1.2 billion drams of mandatory payments

YEREVAN, January 26, /ARKA/. Armenian’s gambling businesses paid last year 1.2 billion Drams of mandatory payments, the ministry of finance said.

It said 485 million Drams were paid as state dues by companies granted the right to run winning games, 300 million Drams were paid by casinos and 400 million Drams by companies licensed to run lotteries.

The ministry said it granted 22 licenses last year for organization of winning games and 7 for organization of casinos.

At the same time the authorities canceled 36 licenses granted for organization of winning games, two licenses for organization of casinos and one for organization of a lottery. During the year 23 million Drams of penalties were imposed on gambling companies.

At the end of 2009 there were 98 valid licenses for organization of winning games, 12 licenses for organization of casinos and 4 for organization of lotteries. ($1 – 377.75 Drams).  -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img