gc
nid 50394
Mar 12, 2026
apintea@vixio.com
Armenia
Draft Laws
gamblingcompliance
32% of draft length
draft in Generated
Generated
1647 charsArmenia's Ministry of Economy Establishes Verification Procedures for Online Gaming Operator Bank Accounts
On March 12, 2026, Armenia's Ministry of Economy released a draft ministerial order establishing verification procedures for bank accounts and cards used by online gaming operators to fund dedicated player accounts.
The draft order implements provisions of three laws adopted on March 26, 2025: amendments to the Law on Government Structure and Operations (HO-46-N), the Law on State Lotteries (HO-49-N), and the Law on Gambling, Online Gambling, and Casinos (HO-50-N). These legislative changes, combined with amendments to Prime Minister Decree 658-L (June 1, 2019) via Prime Minister Decree 778-L (September 4, 2025), transferred regulatory authority over the gaming sector to Armenia's Ministry of Economy. The Ministry is now responsible for developing legal instruments governing gaming activities, researching and implementing new gaming tools and technologies, regulating gaming operations, and administering licensing for regulated gaming entities.
The draft order will establish the specific procedures by which online gaming operators must verify that bank accounts and payment cards used to fund dedicated player accounts belong to the authorised player account holder. This verification mechanism aims to strengthen consumer protections and ensure proper segregation of player funds in accordance with Armenian gaming regulations.
The public consultation period runs from March 12, 2026 to March 28, 2026. Stakeholders can submit suggestions via the e-draft.am portal, with comments to be published within two working days following administrator confirmation. The draft order is available for review on Armenia's e-draft platform.
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522 charsArmenian Ministry of Economy consults on procedure for verification of bank account and card ownership
On March 12, 2026, the Armenian Ministry of Economy opened a public consultation for the order establishing the procedure to be followed by online gambling operators when verifying that the bank accounts and payment cards used for making a gambling deposit belong to the registered player.
The public consultation closes on March 28, 2026. Comments and opinions can be submitted via the e-draft.am portal , following registration.
The order is scheduled to enter into force on the day following its official publication.