ARMENIA SHUTS DOWN WEBMONEY FOR ILLEGAL GAMBLING

Ecommerce Journal
Sept 1 2009

State investigators in Armenia reported that they detected underground
casinos that acted under the guise of internet clubs. According
to the official sources owners of the clubs were at the same time
representatives and providers of electronic payment system WebMoney
in Armenia.

In the course of their activity in the country swindlers managed to
earn through WebMoney an amount of about $300 thousand.

Last week the national police blocked the site of Armenian version
of WebMoney. According to some sources the site was shut down for an
indefinite period of time.