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Armenian lawmakers consider bill on gambling-monitoring operator appeals

Regulation

Armenia’s National Assembly is considering a bill to clarify the process for selecting an operator for the country’s central gambling-monitoring system. The proposal would set out an appeals process and judicial safeguards; State Revenue Committee deputy chairman Rafael Gevorgyan said a Civil Procedure Code amendment would prevent lawsuits from halting or delaying selection.

The proposed safeguards could affect how operators compete to run Armenia’s gambling-monitoring system.

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Regulation

Armenia directs banks to reject unlicensed gambling transactions

Armenian authorities have directed local banks to reject Merchant Category Code 7995 transactions unless they come from licensed domestic operators. The measures accompany tighter anti-money laundering and customer checks for licence holders. Finance Minister Vahe Hovhannisyan and State Revenue Committee head Rustam Badasyan will oversee implementation.

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