The turnover of the gambling industry in Armenia for January–June 2026 reached 135.3 billion drams – about $350 million. Over the year, the figure increased by 5.2%.
The main part of the turnover came from betting shops, online games, lotteries, and gaming terminals – 129.1 billion drams, or approximately $334 million. Casinos themselves accounted for 6.2 billion drams ($16 million), but this segment proved to be the fastest-growing: its turnover increased by almost 20%.
However, these statistics do not mean that Armenians spent $350 million on gambling in six months. The calculation includes the turnover of companies registered in the country, so it may include bets and other operations by clients from abroad.