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Armenia To Close Down Casinos, Gambling Halls In Central Regions In

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  • Armenia To Close Down Casinos, Gambling Halls In Central Regions In

    ARMENIA TO CLOSE DOWN CASINOS, GAMBLING HALLS IN CENTRAL REGIONS IN 2013

    ARKA
    June 15, 2009

    YEREVAN, June 15. /ARKA/. Armenia's executives approved last Thursday
    revisions to the RA Law on Spieling and Gambling Halls.

    By the government decision, gambling halls and casinos are to
    be located in the administrative territories of Tsaghkadzor city
    (Kotayk region), Jermuk community (Vayots Dzor region) and Sevan
    (Gegharkunik region) from January 1, 2013.

    "We will clean up Armenia's center from casinos and they will be
    located in territories adjacent to Yerevan," RA Prime Minister
    Tigran Sargsyan said, commenting on the Government's decision. "If
    investors introduce a business proposal exceeding $100mln, the RA
    National Assembly will allow the RA Government to approve them,"
    the premier added.

    If the government receives a proposal for building a 5-to-6-star
    hotel complex with a casino in Armenia, the executives will consider
    the issue.

    The prime minister pointed out the main criteria for gambling halls
    that will be located in the three regions of Armenia. "Casinos must
    be complex buildings with hotel rooms," Sargsyan said, adding the
    government gave time to casinos outside those three regions to close
    down until 2013.
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