Armenian Regulations To Prevent Online Gambling Ads

The online gambling industry in Armenia has been growing significantly recently and this attracted a lot of interest from operators and developers. It also made it the perfect time for the first Armenian Gaming Forum, which was held on 19-20 November in Yerevan and was very successful. Among the highlights from the event, an expert speaker on the subject of regulations stated that the market will not allow online gambling ads within the country via TV, radio or other media channels.

New legislation passes

The new legislation was adopted after 91 MPs placed their votes in favor, while only one abstained for the bill. This shows a unified approach from the government in Armenia and according to a spokesman from the government, the main reason for not allowing advertising is to protect customers.

Online gambling is joined by land-based casinos and other types of games connected to real money gambling. Operators will not be allowed to create ads for television or radio and advertising for games are only allowed at game centers, at entry points in the Republic of Armenia and at hotels which meet the minimum 4-star requirements.

The motivation behind the ban given by the spokesperson indicates that a prohibition on gambling ads will help hold back the citizens and especially minors from trying out the options.

Armenia looking to prevent problem gambling

Addictive behavior and gambling is one of the major issues which is now being addressed with the new regulations in Armenia and according to the regulators, prohibiting ads is one of the best ways to do this. The drawback can be fewer incentives for operators to join the market and invest in it since they can use their advertising strategies to attract new customers.

The ban on ads joins other restrictions in the country, such as casino games only being allowed in hotels with four stars or more.