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Casinos in Armenia required making warranty contribution

YEREVAN, September 4. / ARKA /. Today, the Armenian government has approved draft amendments to the Law on Lotteries, which require that casinos make mandatory warranty contribution.

Finance minister Gagik Khachatryan explained that warranty contributions, which casinos are required to make immediately upon opening are intended for the payment of prizes.

Under the approved draft decision, warranty contributions can not be used for any other purpose.

Documents certifying that a casino has made the contribution are to be attached to the package of documents filed for the opening of a casino.

Without this contribution no permission is granted to open a casino. -0-

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