22bet Armenia

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22bet

August 25, 2024

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Armenia is a small country where Orthodoxy is predominant. This country is among the few countries in the Middle East where casinos operate legally. In Armenia, gambling as well as online gambling is legal. However, do foreign bookmakers have the chance to operate. Do Armenians have the opportunity to use 22bet Armenia?

History of gambling in Armenia

Located in Western Asia, Armenia was part of the Soviet Union from 1922 to 1991. It was neighboured by Georgia and Azerbaijan. During the time Armenia was under Soviet rule, the availability of legal forms of gambling was severely limited. The public could only participate in the Sportlolo lottery and place bets on horse races. In 1991, Armenia gained independence from the Soviet Union, but this did not immediately translate into changes in gambling laws.

Until 2004, only lottery remained legal. In 1991, the Armenian National Lottery was established. It was a continuation of the previously known lottery, only its name was changed. In 2004, it was decided to legalise sports betting and casinos. In parallel, the legalisation of online gambling also took place. The largest gambling company TotoGaming was also established. In 2018, radical steps were taken in Armenia to limit the availability of gambling in the youngest age group.

The Armenian authorities recognise that the popularity of gambling is a huge problem that mainly affects the poorest residents. There have been several cases of suicide among citizens, so it has become necessary to tighten regulations. The Armenian government is constantly striving to achieve strict control over gambling.

Online gambling was legalised in 2004, but in the bookmaking market in Armenia the best position is held by TotoGaming, which offers sports betting, casino games, digital lotteries, among others. Other operators are required to obtain a licence from the Armenian Ministry of Finance.

Is the 22bet Armenia platform legal in Armenia?

Bookmaker 22bet Armenia is very keen to accept players from the country, although it does not have the relevant licence to operate. 22bet Armenia is quite popular among players there and is described as one of the most reliable and trustworthy on the market. The 22bet Armenia website fits in perfectly with the style of the Armenian sports betting market. The site itself is also supported in Armenian and players are able to make financial transactions using AMD.

22bet Armenia

In addition, the site itself operates without major difficulties within Armenia. Players there appreciate not only the wide selection but, above all, the site’s transparency and fast user interface. Despite the lack of a licence from the Ministry of Finance, 22bet Armenia chooses to introduce a great many attractive promotions and bonuses dedicated specifically to Armenians. The whole thing translates into getting higher and higher positions in the rankings of the best bookmakers.