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

Auction Held for Placement of Government Bonds Exceeding 112.5 bln AMD

An auction took place at the Armenia Stock Exchange for the placement of government bonds totaling over 112.5 billion AMD, specifically:

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

LATEST NEWS

spot_imgspot_imgspot_img