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Bookmakers in Armenia transacted 3.2 trillion drams (US$6.664 million) of bets in 2021, this according to Deputy Chairman of the Standing Committee on Economic Affairs Babken Tunyan (photo).

Tunyan announced the volume of bets made last year today at a parliamentary session where a bill to ban bookmaking advertising is being debated.

Tunyan said 1.6 billion of the amount went to the state budget, a two-fold increase.

If the parliament passes the advertising ban, bookmakers will only be allowed to advertise on their official website, in casinos and establishments offering online games of chance.

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