clic para version en español

 Armenia looking forward to close sportsbooks




Armenia looking forward to close sportsbooks
Published: 2019-10-09

According to Babken Tunyan, chair of the parliamentary commission on economic issues, MP from the ruling My Step party, nothing will change for bookies until November 2020. The betting companies will be able to work as usually, without fear of any consequences.

However, after November 2020 the number of betting points will decline more than by half.

 


“Each betting company will be allowed to have only one betting shop in each administrative district of Erevan or major Armenian cities, with exception of four cities specified by the bill, where special gambling zones will be created,”
Tunyan added.

Moreover, as the MP noted, electronic betting and gambling equipment will have another six months (until April 2021) for operation after the law comes into force.

 


“Initially, we believed that the law should immediately enter into force, but after discussions with experts and specialists, we came to the conclusion that we should wait, because this is a licensed activity, and we are not entitled to prohibit or restrict it right away,”
the MP added.

It is worth mentioning that Armenia introduces new legislation for gambling business due to come into force in November 2020. All casinos will be moved to four gambling special zones.

No Copyright infringement intended. Video/Photo Unknown Direct for credits/issue or text us +57 3606412 ... | Respect to Photographers & Influencers

How did you find this material?
How did you like this news?

me encanto el articulo de Mundo Video

0%

I loved

me gusto el articulo de Mundo Video

100%

I liked

no me gusto el articulo de Mundo Video

0%

I dont liked

punto de venta online mundovideo

You can not leave without reading this news!


Gibraltar meets with the International Olympic Committee and UEFA in Switzerland to discuss match-fixing. 

Armenia looking forward to close sportsbooks

 

 

 

 

A representative of the Gibraltar Gaming Division specializing in sporting integrity issues has attended a high-level workshop jointly organized by the International Olympic Committee and UEFA at the Olympic House in Lausanne, Switzerland. It was a seminar to optimize prevention regarding fraudulent sports betting and match-fixing.

 

 

The Gibraltar Football Association (GFA) hosted a UEFA seminar on match-fixing at the Rock, which was also attended by representatives from the Gaming Division. Andrew Lyman, Gibraltar's Gambling Commissioner, highlighted: “Work on integrity in sport and engaging with parties interested in match-fixing is an important part of our work that often goes unnoticed.”

 

 

In the 22/23 season, the Gibraltar Gaming Division received 42 betting integrity reports from betting operators and 13 requests for assistance from the Olympic Movement Unit on Prevention of Manipulation of Sports Competitions. In addition, according to the Gibraltarian authorities, he participated in many communications to national and international sports governing bodies (including FIFA and UEFA), as well as in engagement with law enforcement.

 



Facua asks to modify the Gaming Law to limit the acquisition of clients. 

Armenia looking forward to close sportsbooks

 

Facua [The consumer association FACUA-Consumers in Action] has requested the Government to promote a modification of the Gaming Law and other laws that affect the matter in order, according to the association, to correct the inconsistencies that exist between them and that have led to the Supreme Court to annul several articles of the regulations implemented in 2020 to limit advertising of betting houses and their products.

 

 

The Supreme Court indicates that it is necessary to annul a series of articles, since there is no prior legal authorization that allows this rule to regulate certain issues, including limitations on attracting clients or the prohibition of advertising by famous people.

 

The association considers that, even though betting houses are dedicated to a legal activity, they are especially harmful to vulnerable groups such as minors or people with few resources, as well as users who already have gambling problems and that through the internet, they have direct and easy access to these betting platforms.

 

 

This Supreme Court ruling opens the door to a flood of betting house advertisements on social networks, media, or websites, also using famous people as a lure.

 

 

Facua points out in its statement that, although gambling is a legal activity that people of legal age can voluntarily access, this does not prevent the danger that it can pose for certain especially vulnerable groups from justifying the State from limiting its advertising to all the citizens.

 



Still the discrimination persists on financing for gambling companies in Europe. 

Armenia looking forward to close sportsbooks

The Independent Association of Recreational Machine Operating Companies of Catalonia, Europer, has published the results of its third barometer on the situation of the recreational sector. The objective of this analysis is to provide a greater understanding of the business reality in the recreational field for the economic world, the Administration and society in general.

 

7 out of 10 recreational companies have been harmed when requesting financing for their business because they are linked to the gaming sector.

 

This survey, carried out in March 2024, included the participation of 406 Catalan companies, 93% of which are SMEs. According to the results, 72.7% of companies in the recreational sector have experienced difficulties when applying for financing due to their association with gambling.

 

 

Albert Sola, president of Europer, expressed his concern about this data and noted: "We hope that these prejudices towards companies in our sector will soon disappear, since we strictly comply with the law and, therefore, we should have the same rights as any another industry”.

 

Regarding the evolution of business during the first quarter of the year, 54.5% of companies reported positive progress, while 36.4% remained stable and only 9.1% experienced a decline. These results represent an improvement over the previous quarter, where only 37.5% reported positive progress.

 

 

Regarding workforce growth expectations for the second half of 2024, 81.8% of companies plan to keep their staff stable, 9.1% anticipate growth and another 9.1% anticipate a decrease. These figures are similar to those of the previous quarter, suggesting a stable trend in the sector.

 

Albert Sola concluded: "These are encouraging data for companies in the gaming sector, and we hope that this positive trend will continue throughout 2024."

 



Spain the 1st country on protects the Players from his credit card. 

Armenia looking forward to close sportsbooks

It establishes that intensive and risky players are prohibited from using this payment method when they accumulate net losses equal to or greater than €600 euros for three consecutive weeks. This initiative is part of what the ministry has called 'safe gaming environments', and although they were already approved a year ago by the Government, the standard gave gaming operators a period of 12 months to adapt the new provisions.

 

 

 

 

The objective is for players not to use credit cards to avoid generating debts that are impossible to pay and forces them to only use means of payment in their name so that they do not end up putting family or friends in debt.

 

The measure promoted by the Ministry of Consumer Affairs, and included in the Royal Decree of March 14, 2023, has been in force since Friday, March 15, 2024.

 

Who are the intensive and risky players?

 

In Spain, more than 70% of the population plays the lottery, bonoloto and primitive, and secondly, instant lotteries, such as the ONCE scratch cards, whose number of users has increased by 36% since 2018, according to data of the Ministry of Health of 2023. Within these, there are those called intensive or risk players.

 

Intensive players. These are users who accumulate net losses equal to or greater than €600 euros and in the case of young people under 25 it is limited to €200 euros, in a plan of three consecutive weeks.

 

Risk players. Risk players are considered to be those who maintain a debt equal to or greater than €600 euros net, for two or more years. No credit card for players and million-dollar fines for operators In addition to prohibiting players from using credit cards to avoid going into debt at levels that are impossible to pay, they have been prohibited from using payment methods that are not in their name.

 

The latter to avoid generating debts to family or friends when paying with their money. However, since gambling addiction is considered a disease, the Law falls heavily on the operators, mainly in taking prevention and warning measures in cases of players who lose control.

 

These are the highlights of the law:

 

Gaming operators must control the player's time or money. That is to say, the session must be closed when one of the two runs out, whichever is the first.

Online betting and gaming websites will be required to send at least every 60 minutes a mandatory reading message in order to continue playing, which will include the time played, the amounts of money that have been bet and the net losses. have produced.

Companies may not send promotions to young people between 18 and 25 years old for purposes other than those of the gaming activity on the website or platform. For example: invitations to games or shows.

 

They will also not be able to include this group in the loyalty program and misleading messages will be prohibited while the game is in progress, such as 'you were close' or 'you were almost right'.

The operator will also have to send a message to the player when they win an amount of money greater than €5,000 euros. Companies will have to comply with all these measures, since if they do not, they may have to pay fines of up to €50 million euros.

 



Director General of Slovakia's Gambling Regulation Office, Martin Bohoš, warns against gambling ban. 

Armenia looking forward to close sportsbooks

General Director of the Gambling Regulation Office Martin Bohoš has warned that banning gambling will simply drive it underground.

 

Internet casinos held a dominant grip on the market in terms of betting, winnings and revenue, as indicators of the overall development of gambling in the gambling market. This growing trend is related to the dynamic growth of online gambling in Slovakia. They are followed by brick-and-mortar gambling houses and a popular segment among Slovaks – odds betting.

 

In terms of the amount of the levy to the state budget, the online casino segment led the way with a levy of more than €93m, followed by odds betting, thanks to which €80.48m flowed into the state budget, and the trio is closed by brick-and-mortar gambling houses, which paid levies in the form of a flat-rate levy of €61.9m.

 

In terms of online, around 90 per cent of the revenue was generated by online betting. When it comes to number lotteries, Slovaks prefer to visit brick-and-mortar collection points in this form of betting.

 

According to the current legislation, municipalities have very strong tools with which they can regulate gambling in their territory, especially the so-called prohibition general binding regulations, through which they can prohibit the placement of gambling houses and casinos in their municipality, and restrictive general binding regulations, through which they can regulate, for example, the location of gambling rooms near schools or school facilities.

 

Due to prohibitory generally binding regulations of cities and municipalities, the Office expects a decrease of 22 per cent in the levy on brick-and-mortar gambling houses and casinos to the state budget in 2025.

 

Mr. Bohoš highlighted the fact that municipalities and towns do not pay enough attention to the gambling agenda, therefore there are various errors in the process of issuing generally binding regulations. Failure to comply with the 5-day statutory deadline for fulfilling the notification obligation by cities and municipalities towards the Gambling Regulation Authority results in the Office for the Administration of Gambling Regulations not taking into account the generally binding regulation issued in this way within the licensing procedure.


Soldardura SMD MundoVideo
THIS CAN INTEREST YOU
The sportsbooks are not the only ones that could benefit from the World Cup
https://www.mundovideo.com.co/colombian-gambling-news/the-sportsbooks-are-not-the-only-ones-that-could-benefit-from-the-world-cup
The entertainment guilds that surround commercial stores such as discos, bars, casinos and...
Sportsbooks in Colombia: very challenging
https://www.mundovideo.com.co/colombian-gambling-news/sportsbooks-in-colombia-very-challenging
With the arrival of the pandemic, some forms of entertainment were closed, including casin...
Sportsbooks collected over 1 billion-dollar, record figures for them
https://www.mundovideo.com.co/america/sportsbooks-collected-over-1-billion-dollar-record-figures-for-them
The sports betting markets in New Jersey and Nevada to record a combined aggregate handle ...
Armenia wants to ban sportsbooks, but people are ready to fight against
https://www.mundovideo.com.co/europa/armenia-wants-to-ban-sportsbooks-but-people-are-ready-to-fight-against
The Armenian bookmakers or sportsbooks have one year and a half to get ready to the new ga...
Armenia looking forward to close sportsbooks
https://www.mundovideo.com.co/europa/armenia-looking-forward-to-close-sportsbooks
According to Babken Tunyan, chair of the parliamentary commission on economic issues, MP f...
Poker rooms Vs sportsbooks in EE. UU
https://www.mundovideo.com.co/poker-news/poker-rooms-vs-sportsbooks-in-ee-uu
The poker rooms still being an important aspect in all the revenue table from casinos in L...
REGISTER HERE
TE MANTENDREMOS INFORMADO
Banner_lateral_derecho_link_new.jpg
Phones:

(57​​1) 7568829 - 3606414 - 3606415 FAX (57 1)​ ​3605027

headquarters:

Bogotá / Medellín / Cali / Pereira / Barranquilla

Welcome to Mundo Video Corporation
Design & Dev by Keyframestudio.co
https://www.mundovideo.com.co/europa/armenia-looking-forward-to-close-sportsbooks