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Ministry of Economy of Armenia: Restriction on Advertising of Gambling Causes Great Damage to the Media

Minister of Economy of Armenia Vahan Kerobyan said: «We understand that limiting advertising to sweepstakes causes a lot of damage to the media, but, nevertheless, a balanced decision was made.»

He said regulation of gambling advertising does not pose a threat in terms of new investment. He further added that the risks in relation to a possible ban were taken into consideration.

«I do not think that investment attractiveness in the field of gambling is an important topic», — noted the official.

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