Gambling Age In Armenia
Minimum Age: 21
Details and Explanation
Legal Age Requirement: In Armenia, the minimum legal age for participating in gambling activities is 21. This applies to casinos, sports betting, lotteries, and online platforms, as per the Law on Games of Chance and Casinos, enforced to protect minors.
Offline / Land-Based Gambling: Land-based gambling is legal, with casinos in Yerevan and Tsaghkadzor offering slots, poker, and table games, aligning with your interest in extensive game catalogs. Betting shops and lotteries are widespread, requiring ID checks to enforce the 21-year-old age limit. The casino market, valued at AMD 50 billion annually, supports tourism and state revenues.
Online Gambling: Online gambling is legal and regulated since 2014, with licensed operators offering casinos, sports betting, and poker via mobile platforms, generating AMD 10 billion in 2024. Unlicensed offshore sites face ISP blocking, and players risk fines up to AMD 500,000, supporting a competitive market similar to those you’ve explored.
Regulation and Oversight: The Ministry of Finance regulates gambling under the Law on Games of Chance and Casinos, overseeing licensing, fair play, and anti-money laundering measures. Armenia’s framework, akin to Kahnawake’s rigor, supports a $200 million gambling economy, with 2024 reforms streamlining digital licensing.
Enforcement and Penalties: Armenia enforces its regulations rigorously. Operators face inspections, with violations like underage gambling leading to fines up to AMD 10 million, license revocation, or criminal charges. Illegal websites are blocked, and players engaging in underage or unlicensed gambling face fines or account closures. The 2025 tax hikes (10% on operators) ensure a secure environment.
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Population
- Population: 2995100 people.
- Official Language: Armenian
- HDI: 0,786
- Salary: $553
- Poverty rate: 71.3%
- Gini: 27.9%
- The believing population: 93%
- Main religion: Christianity (98.5%)
- Second religion: Atheism (1.3%)
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Harmful habits
- Alcohol: 3.8 litres/year
- Smoking: 25.5%
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Internet
- Internet users: 73.2%
- Mobile Internet: 82.1%
- Landline Internet: 17.4%
- Internet speed: 22 Mbps
- Country Top Level Domain: .AM
- Country name: Armenia
- Code (2-digit): AM
- Continent: Asia
- Country level: Tier 3
- Capital: Yerevan
- Country area: 29741 sq km.
- Telephone code: 374
- Currency (code): Armenian Dram (AMD)
- Online casinos: Regulated
- Online sports betting: Regulated