Armenia Introduces New Taxes, Restrictions on Gaming Industry

This past May, Armenia’s Parliament introduced cashless gambling in the country, forcing transactions to take place directly through banks. It’s now gone a step further, introducing new regulations to increase taxes and create new restrictions on the industry.A bill that sought to increase taxes for the gambling ecosystem found enough success to become law, according to local media outlet ArmenPress. On a second and final reading, lawmakers approved the measure, with 60 approving it and six abstaining.
 
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