Armenia
BetConstruct Wins Sports Betting Unique Platform Solution award at BEGE 2016
BetConstruct have been officially recognised as leaders in providing sports betting solutions after receiving the Sports Betting Unique Platform Solution award at BEGE 2016 (Balkan Entertainment and Gaming Exhibition).
This award is a palpable display of our commitment to maintaining our position as leaders in providing most complete betting and gaming solutions.
Striving for excellence is a never-ending process and BetConstruct’s Sportsbook is a result of such never-ending work. Fueled by new features and improvements, it has cemented its reputation as an extremely flexible, robust, innovative and affordable product. Deployed worldwide in retail, desktop, mobile, native iOS and Android environments, it enables an exceptionally seamless experience for our partners’ clients.
Over the years BetConstruct has won several industry awards. Some of the more recent include Technology Supplier/Provider Award at the 2016 International Gaming Awards, Best Customer Service Award at EGR B2B Awards 2015 and 2016 as well as Innovator of the Year Award at the 2015 International Gaming Awards.
About BetConstruct
BetConstruct is an award-winning developer and provider of online and land-based betting and gaming solutions. BetConstruct’s innovative offerings include an extensive range of products – Sportsbook, eSports, Data Feed, Retail Betting Shop Solutions, RNG Casino Suite & Live Dealer Casino, Poker, Skill Games, Fantasy Sports and more. BetConstruct currently supports its partners from 11 global offices. BetConstruct was recognized as the Winner of the Technology Supplier / Provider Award at the 2016 International Gaming Awards, adding to the EGR B2B Award for Best Customer Service received in 2015 and 2016. For more information, please contact [email protected] or [email protected], or visit www.betconstruct.com.
Armenia
Armenia amends gambling and advertising regulations
Armenia has amended its laws related to gambling and advertisement. As per the new regulations, only the local gambling operator will be allowed to advertise in the country.
An additional requirement is that gambling advertising should be targeted at citizens over 21 years of age. Advertising of gambling on radio and TV will be limited to 22:00 and 06:00 period of time. The penalty for violation of the law will be 1 million drams (about $ 2,067).
The Armenian government has also amended the Law on Lotteries, according to which the gambling business will be restricted to special zones of Tsakhkadzor, Sevan, Jermuk, and Meghri.
Tsaghkadzor is a city in the Koktaisk region, one of the most popular ski and climate resorts in the country which accepts tourists all year round. Sevan is a city popular with tourists due to the largest source of fresh water in Armenia – Lake Sevan. It is expected that the construction of the gambling zone will promote the development of this region. Jermuk is another resort town with at least nine hotels opened.
Meghri is a city rich in historical monuments in the south of Armenia. Due to its climate, as well as its developed infrastructure, it is potentially a successful project for the gambling and entertainment resort area.
Source: Latest News on European Gaming Media Network
Armenia
Armenia toughens stance against legal gaming
Nikol Pashinián, the prime minister of Armenia, has voiced his concerns about the “social problems in village communities” that the growing gambling activity in the country causes. He urged that “these devices should simply be removed.”
“How should we organise this in order for us to truly solve this problem accurately, this is a very important question,” the statement begins. “Overall when we look at our economic growth indicators it turns out that these gambling machines have become the leading branch of our economy.”
Then continues: “This is totally absurd, and our policy should be to change our logic: on one hand it encourages poverty, on the other hand, pardon me, [gambling addiction]”.
“We must pursue a kind of policy where we won’t encourage neither the first one nor the second, this is a very serious problem and people, families, fates and others are being affected,” the PM said.
“There is no problem, we will discuss openly, transparently, publicly, we will understand whose interests are more taken into account, whose not, where objective issues exist, we will exclude them and solve this problem, because this really is a serious problem, and people are alarming about this problem in masses,” he concluded.
Source: Focus Gaming News
Source: Latest News on European Gaming Media Network
Armenia
Armenia changes gambling rule on allowable age
Armenia has changed the section of gambling regulation that deals with the permissible age on gambling. Gamblers in the country’s casinos must be at least 21 years of age from now on.
In fact, this particular provision has been there since September 2014. But with the new amendment, casinos must have a provision to check the age of the visitors. Atom Janjugazyan, the Minister of Finance of Armenia, signed the new order that made mandatory the checking of passport or any other identity document of the casino visitor. The casinos will be liable for a penalty up to 300 thousand drams (about 500 EUR) for any violation of the rule.
The Armenian authorities systematically tighten legislation related to online and offline gambling. Currently, Armenian Ministry of Finance is considering the possibility of restricting the activities of foreign online casinos and a partial ban on advertising of casinos on the streets of cities and in the mass media. At the same time, the government does not plan to revise the profit tax on gambling, now it is 20 per cent.
Source: Latest News on European Gaming Media Network
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