Atom Janjughazyan, Armenia’s First Deputy Minister of Finance, submitted a law obliging operators of casino and gambling online platforms to report personal data of the players, who place bets of more than AMD$1 million (USD$2.058). Legislation adopted by the government last Thursday will take effect on June 1.
According to the official, this measure is directed against money laundering. At the same time, the international gaming operators believe that the introduction of players’ compulsory registration for large bets is a part of the restrictive policy towards gambling, which has faced stricter requirements from the authorities over the last few years.
Now casinos in Armenia are allowed in several special areas, such as Tsaghkadzor, Sevan, Jermuk, Meghri, and at the Zvartnots International Airport. In December 2015 a ban on a TV and radio advertizing of online casino was imposed in the country as well as more stringent rules for the licensing process are established.