Online casino Armenia

The Republic of Armenia gained independence from the Russian empire in 1991, and has a population of approximately 3 million people, in addition to a land area of more than 29,700 km². Situated between Asia and Europe, the former Soviet state shares borders with Iran, Turkey, Georgia and Azerbaijan. Lake Sevan is Armenia’s largest waterbody, and the landlocked country forms part of the Transcaucasia region.
Besides a wealth of stunning mountains and volcanoes, Armenia is famous for being the first country on the globe that adopted Christianity. The small country with a fascinating cultural history is also home to lots of striking churches. Armenians have a weak spot for chess, and their unique alphabet is another cool aspect, alongside their delicious cognac, bread and fresh fruit. Andre Agassi, Kim Kardashian, Cher, and Sergei Lavrov are some examples of celebrities with Armenian roots.
During the existence of the Ottoman Empire, muslim Turks killed approximately 1.5 million Armenian Christians between 1915 and 1923. To this day, however, Turkey refuses to recognize the so-called ‘Armenian Holocaust’.
The Soviet Union allowed only lottery games and horse racing betting, but other forms of gambling have become hugely popular after Armenia gained independence. There are multiple land-based gambling facilities, in addition to several betting joints, and bingo parlors.
There are no Armenian-licensed online casinos, which means locals are forced to play at gaming sites hosted in other countries. At the same time, there are no signs that the government of Armenia cracks down on internet gambling.

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Best Armenian online casinos

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Armenian is the official language, but the majority of the nearly-homogeneous population also speaks Russian. Additionally, English is fast becoming another popular minority language.
As mentioned, Armenians have no national online casinos to choose from, and knowledge of the Russian and/ or English language is definitely a big plus when playing at foreign-based gaming sites. This trio of trustworthy virtual casinos are extremely popular amongst gamblers from all over the planet:

Popularity online casinos in Armenia explained

Armenia is a relatively poor country with a small economy mainly based on agriculture (accounting for nearly 20 percent of its gross domestic product (GDP)). The food processing industry is another important sector and food products dominate Armenia’s export. Trade, construction and transport are the other main sectors. The lack of natural resources and the unfavorable geographical position definitely frustrate the development of the Armenian economy.
In 2012, the Armenian economy grew 7.2 percent, followed by a 3.3 percent expansion in the next year. Economic growth weakened to 3 percent in 2015, which dropped even further in 2016. Despite strong export figures, weak domestic demands continues to weigh on the economic growth.
After a drop to 15.7 percent in 2012, Armenia’s unemployment rate climbed to 16.2 percent in the following year, and reached a 19.6 percent level in 2015. Approximately 30 percent of the population lives in poverty, according to the World Bank. Additionally, child labor, corruption, increasing crime rates, poor education, are among the social problems that need to be addressed by the Armenian government.
Nearly 50 percent of the population has access to the world wide web, which is a significant increase given the 6 percent rate in 2007. Smartphones have become a vital part of our lives, which is certainly another driving force behind the growing popularity of online casino gambling in Armenia.

Gambling and online casinos in Armenia

Armenian landscapeLife without smartphones is hard to imagine, which also applies to virtual games of luck at internet casinos. This is why online gambling is an unstoppable force these days:

How to deposit money in an online casino when I’m from Armenia?

Online casino players can choose from many user-friendly and reliable payment methods, which is certainly another big plus. There are multiple categories, including these two popular and trustworthy banking systems:

  • Credit card brands, such as MasterCard, Maestro and Visa
  • Leading electronic wallets, like Skrill and Neteller

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