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    Emil Lazarian
  • 3 years ago
    • Categories: 2022

Parliament debates banning cash payments for gambling

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 13:00,

YEREVAN, APRIL 12, ARMENPRESS. Parliament is debating the ruling Civil Contract bloc’s bill on banning cash gambling, including through payment terminals.

Six months after the law takes effect betting through e-wallets will also be banned.

MP Gevorg Papoyan, a co-author of the bill, told lawmakers that this bill is part of the government’s consistent effort to fight against gambling addiction. “The main target of the bill is citizens who are socially vulnerable but at the same time have gambling addiction, which worsens their social condition,” he said.

Current regulations allow bookmakers to accept bets in three ways – in cash, in electronic money and by bank transactions.

“If the law takes effect, the cash option will be banned. Then, after 6 months the e-money option will also be banned, leaving only the bank transaction, meaning the non-cash payment option,” he said.

“Being an adult is a mandatory condition for having a bookmaking account, an age threshold is in place for having a bank account as well. Therefore, the participation of minors will not be possible,” he added.

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS