Armenia Gambling Market: Licensing, Taxation, and Regulation

All gambling verticals in Armenia require a licence, including casinos, slot machine halls, lotteries, sports betting, and online platforms. Each vertical is regulated separately, and licences are issued for an indefinite period unless revoked. The core requirement for any Armenian gambling license is the payment of annual fees, alongside technical and compliance obligations.

The gambling license cost in Armenia varies significantly depending on the vertical:

• Online gambling: approx. US$1.56 million per year

• Land-based casinos: US$910,000–1.39 million annually

• Slot machine halls: US$910,000–1.39 million annually

• Sports betting: US$910,000–1.39 million annually

• Lottery: US$1.56 million annually

The Armenian is imposed on winnings. Small wins (below 5 million AMD) are taxed at 20%, while large wins (over 5 million AMD) face a 30% tax. Other income from gambling activities outside these categories is taxed at 20%.

Advertising in Armenia is tightly controlled. Gambling promotions are limited to official operator websites, licensed venues, and high-class hotels, while offshore and unlicensed advertising is strictly prohibited.

Despite restrictions, the market shows resilience and growth. Armenia’s hybrid model allows operators to accept foreign currency and maintain international connections, while compliance measures ensure integrity and player protection. The combination of fiscal clarity, predictable licensing, and strong oversight positions Armenia as a promising jurisdiction in the wider Eastern European gambling landscape.