Armenian Casinos and Gambling in Armenia
You will find the following games in Yerevan casinos: The largest gambling city in Armenia is Yerevan with 2 gambling facilities, 12 tables games, 85 gaming, slot, and video poker machines. Reviewed October 1, Log in to get trip updates and message other travelers. Although official poker tables are offered only in several land-based casinos in Yerevan, at some of the best online gambling sites Armenia players can enjoy this game.
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It was formerly a federated Soviet Union that obtained independence on September, 21, There are two casinos in Armenia. The Senator Golden Palace in Tsaghadzor is a luxurious establishment offering slot machines, traditional gaming tables, shows, Poker tournaments and special lotteries. So far we were talking about the criteria one should keep in mind when picking a safe online casino Armenia punters can play at.
But even before choosing a web gambling platform, it is worth considering whether is online gambling allowed in Armenia? The first gambling law in Armenia was adopted in to regulate the casino sector. However, it was not until late that the first online gambling law in Armenia appeared which, among other things, introduced high fees for web operators. Consequently, instead of taxes, Armenian online gambling laws stipulate that web operators should pay an annual fee of AMD ,, approx.
Being an online gambling authority Armenia Ministry of Finance is especially eager to increase the state budget by gambling revenues. But there still are many reputable online casinos Armenia players can gamble at which are operating in the offshore zones and are not subject to local tax policies. When playing in an online casino for real money Armenia punters should also know about one other local peculiarity. In what concerns online gambling Armenia legislation also prescribes that casino websites should report all wagers over k to prevent money laundering.
In its online gambling laws Armenia has also prohibited publishing the advertisements of casino sites in any kind of media. Consequently, when gambling online Armenia players can only use expert recommendations as their guidelines in the iGaming sector.
When it comes to online gambling age Armenia established it to be Starting from more severe penalties were introduced for letting underage gamblers to the territory of the brick-and-mortar gambling houses ranging from fines as big as 21 AMD2m US, to license cancelation.
All of these prescriptions theoretically applies to Armenian online casinos as well. As well as in the case with the legitimate online casinos Armenia players are allowed to take part in sports betting, lottery and poker tournaments.
Although official poker tables are offered only in several land-based casinos in Yerevan, at some of the best online gambling sites Armenia players can enjoy this game. When it comes to sports betting such local operators as TotoGaming and Digitain are the part of local online gambling industry Armenia can boast of. It also must be said that local state lottery is also run by the Amaya Gaming Group Inc.
Experts hope that in regards to the sector of online casino Armenia legal policy will become more favorable. So that in the future there will be smaller fees for start-ups which are trying to establish themselves as legal online casinos Armenia gamblers can play at. But as of now if they want safe online gambling Armenia punters should also consider offshore websites. History of Gambling in Armenia. In Soviet times there were no gambling houses in Armenia.
The first casinos started to appear in this country after it has become independent in With some exceptions, there are four territories including Jermuk, Meghri, Sevan, and Tsaghkadzor, where major gambling houses are allowed to operate in Armenia.
When we are talking about Armenia approved online casinos one should mention the TotoGaming which is a private gambling operator that has started to provide the games of chance including live dealer options to its visitors in However, the top online casinos for Armenian players operate in the offshore zones and are distinguished by bigger game variety and more lucrative bonuses.
Since Armenians tend to get engaged in problem gambling and overspend when playing the games of chance, the local government tries to implement special restrictions to cure this social disease. As we have already mentioned, the fines have recently been increased for allowing underage residents to play at gambling premises.
Besides that, a bill is now being debated in Armenia which will prohibit the access of local residents which have been officially recognized as problem gamblers to the gambling houses. According to another bill which has recently been proposed to the Armenian Parliament, there are certain restrictions planned to be introduced on gambling advertisements. If Armenia will adopt this bill, operators will be prohibited to present gambling at AMD casinos as a steady source of income in their ads.
Similar laws have been recently adopted in other countries including the United Kingdom and Australia. Experts say that Armenian gambling market has recently significantly increased its revenues. That could be one of the reasons why Armenian Ministry of Finance decided to increase the tax burden on the gambling operators. Consequently, substantial financial requirements have been introduced for opening a casino house in Armenia.
On the other hand, as we have already mentioned, to run an internet casino you now have to pay substantial annual fees. We hope that in the future as local legislation will become more favorable there will be more Armenia based online casinos.
As of now, though, there are many offshore-based online casinos accepting Armenia players where local can easily enjoy gambling. As we have already mentioned one should follow the expert recommendations in regards to the most suitable payment methods, bonus terms and safety related issues to find the best online casinos for Armenians. Given the high popularity of gambling in this Caucasian country and the high percentage of internet users , the future of Armenia online casino sites looks bright.
As we have already mentioned, some of Armenia based web gambling platforms, such as Digitain, are even becoming popular at foreign markets. Live dealer games are attracting the attention of more web punters every year so that we will definitely see this new type of gambling more often offered at the best online casinos for Armenian players.
Besides that, as is mentioned in many Armenia online casino reviews, the variety of games available to be played with the human croupier is also going to be wider. Virtual games are going to be the next big thing to disrupt the iGaming sector in the coming years. Many of the new online casinos for Armenia players are going to introduce this novel feature at their platforms in the future. New convenient digital payment methods are appearing every year so that there is no doubt that in the sector of online casino AMD will be supported more often in the future and it will become easier for players from Armenia to make their transactions.