Evolution Opened a Live Casino Studio in Armenia

 
  • By Angel Hristov
  • Published 

Evolution, a leading business-to-business solutions provider for casino operators, continues to expand its global footprint. This time, the juggernaut supplier expanded in Armenia by launching a new live casino studio in the country.

According to Evolution’s official announcement, the new studio will be based in Yerevan, the country’s capital. Nadezhda Abola, the company’s operations manager, will be responsible for overseeing it and ensuring everything works as intended.

Evolution teased that the new studio will offer an unparalleled choice of Blackjack tables, allowing even more customers to enjoy the company’s offerings. Shortly, Evolution will add Baccarat tables as well.

The new studio will not be Evolution’s biggest hub so far but will be moderate in size and will expand the company’s operations. As usual, most of the tables will be English-speaking as the company continues to target a global audience.

At the end of its announcement, Evolution, a partner of the British charity GambleAware, prompted its fans to enjoy betting responsibly.

The new studio is in line with Evolution’s strategy for global expansion. A few months ago, the studio opened a new tech hub in Lisbon, the capital of Portugal. The studio will produce more software for the company, helping it grow even further.

The company’s plan for the hub is to have at least 100 workers by the end of the year. Evolution plans to scale that up in the following years and have 140 and 150 employees by the ends of 2023 and 2024 respectively.

In addition, the company plans to open more studios such as the one in Armenia. Its next goal is to launch studios in Canada, Madrid and Michigan.

Evolution Gaming’s expansion follows its strong financial results for 2021. The company successfully surpassed a billion in revenues after achieving all of its major goals during the year.

In 2022, Evolution continues its quest to expand its global footprint through numerous strategic deals. This month, the company signed two key deals in the United States. The first one was with Soaring Eagle Gaming, a Michigan-based tribal gaming operator. As per the deal, Evolution agreed to power the operator with slots and live casino content. In mid-June, the provider also teamed up with BetRivers and agreed to supply the operator with its critically-acclaimed live casino content.

Armenian opposition leader reaffirms plans to expand protest movement

Panorama
Armenia –

The protest movement launched by Armenia’s opposition in early May has made significant achievements, opposition leader and deputy parliament speaker Ishkhan Saghatelyan said.

Speaking to reporters on Thursday, he said before the start of the resistance movement there was a feeling that the people did not resist the authorities’ plans to make new concessions to Azerbaijan and were not interested in the issues concerning the security of Artsakh and Armenia.

“The situation changed. The Armenian people made it clear that the incumbent authorities have no mandate to lead the country to new concessions. They sent a clear message to the international community that the policy pursued by the current authorities is rejected by the people,” Saghatelyan said, adding the people have heeded their wake-up call.

He reiterated the need for a change of power in Armenia, saying the opposition has made every effort to that effect.

“However, the main problem remains unresolved. That’s why it is necessary to shift the tactics. We need to spread the movement throughout Armenia and Artsakh. The claims about the suspension of the movement or retreat are just idle talk. Two days ago, Two days ago, we unveiled plans not to take a break, but to expand the movement, which is underway,” Saghatelyan said.

He also defended the decision to dismantle the tents pitched in Yerevan’s central France Square.

“Our task is not to show our determination keeping the tents or to prove something to some circles, but to carry out the struggle effectively and achieve our ultimate goal. This has not been an easy decision, but we are responsible for the outcome of the movement,” he said.

Armenian parliament majority discusses stripping opposition MPs of their seats

Panorama
Armenia –

Members of the Armenian ruling Civil Contract party’s parliamentary faction are discussing the possible expulsion of opposition lawmakers, its secretary Artur Hovhannisyan said.

“The faction is discussing the matter. It’s backed by popular demand,” he told a briefing in the parliament on Thursday.

According to him, many people have laid out a demand to strip MPs from the opposition Hayastan and Pativ Unem blocs of their seats after their boycott of parliament sessions to take part in daily protests in Yerevan.

“The [Civil Contract] faction MPs have different opinions on the matter. There are discussions, but no decision has been made yet,” Hovhannisyan said.

Aliyev speaks about ‘verbal agreement’ to not raise Karabakh’s status

Panorama
Armenia –

President Ilham Aliyev of Azerbaijan says that there has been a “verbal agreement” that the issue of Nagorno-Karabakh’s status would not be raised.

He urged Armenia to stop raising the issue of the status of Karabakh, Interfax reports.

“There has been a verbal agreement that the issue of the “status of Karabakh” would not be raised. But unfortunately, we have been hearing statements from the Armenian government about the “status” of so-called “Nagorno-Karabakh”, which is absolutely counterproductive,” Aliyev told the IX Global Baku Forum on Thursday.

He echoed his claims that Nagorno-Karabakh does not exist, adding “any mention of its status will only lead to new problems.”

According to him, if Armenia questions the territorial integrity of Azerbaijan, it will force Baku to take similar steps with regard to its territory.

Armenian President to meet with Russia’s Putin in St. Petersburg

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 10:21,

YEREVAN, JUNE 15, ARMENPRESS. Russian President Vladimir Putin will have a meeting with President of Armenia Vahagn Khachaturyan on the sidelines of the St. Petersburg International Economic Forum, Russian Presidential Aide Yuri Ushakov said, RIA Novosti reports.

Putin will also meet with Kazakhstan’s President Kassym-Jomart Tokayev during the Forum.

Science and Business Days 2022 conference launched in Yerevan

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 11:05,

YEREVAN, JUNE 15, ARMENPRESS. Armenia is currently a country of opportunities with a modern, educated, hard-working human capital and different cooperation formats with multiple countries, Minister of Economy Vahan Kerobyan said during the Science and Business Days 2022 conference in Yerevan’s Karen Demirchyan Sports and Concert Complex.

The minister stressed the necessity of uniting the scientific potential and developing Armenia. “We will continue deepening the processes of integrating into the global economy and will offer to the world the outcome of our intellectual abilities. This conference is a wonderful opportunity for the development of the partnership of science and business, for the exchange of ideas”, he said, adding that the future of Armenia is also the technological development, the development of a science-based economy.

Kerobyan said the development of a science-based economy is the most important priority of the Armenian government.

Armenian-American molecular biologist, neuroscientist, and Nobel Prize laureate Ardem Patapoutian, as well as other famous ethnic Armenian scientists arrived in Armenia for participation to the event.

Science and Business Days aims at discovering opportunities for the improvement of science and entrepreneurship alliance, as well as the commercialization of research.




Armenian FM presents latest developments over NK conflict settlement process to Bulgarian Parliament Speaker

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 11:15,

YEREVAN, JUNE 15, ARMENPRESS. Minister of Foreign Affairs of Armenia Ararat Mirzoyan met on June 14 with Speaker of the National Assembly of Bulgaria Nikola Minchev on the sidelines of his official visit in Sofia, the Armenian MFA said.

The sides highly valued the bilateral relations that are based on historical commonalities and warm friendly ties between the two nations, highlighting the contacts at inter-parliamentary level for deepening and expanding those ties. They both emphasized the readiness to boost the ties between the Armenian and Bulgarian parliamentary friendship groups, as well as expand the partnership in international parliamentary platforms.

FM Mirzoyan introduced the Bulgarian Parliament Speaker on the ongoing reforms in Armenia aimed at developing democracy, protecting human rights and ensuring rule of law. The FM stated that the democratic reforms in Armenia are irreversible.

The sides exchanged ideas also about the opportunities for developing the economic cooperation. From the perspective of intensifying the human contacts and business ties, they highlighted the implementation of the program of direct flights between Yerevan and Sofia.

The development prospects of the Armenia-European Union ties were also discussed.

Mirzoyan briefed Nikola Minchev on the efforts made by the Armenian side to establish peace and stability in the South Caucasus, as well as the latest developments relating to the relations between Armenia and Azerbaijan and the Nagorno Karabakh conflict settlement process. The necessity of achieving a lasting and comprehensive settlement to the NK conflict through peaceful negotiations under the mandate of the OSCE Minsk Group Co-Chairmanship was emphasized.

Minister Mirzoyan also touched upon the current humanitarian situation caused by the 2020 war unleashed by Azerbaijan against Nagorno Karabakh, particularly the issues relating to the repatriation of Armenian prisoners of war and civilian captives, who are still illegally held in Azerbaijan, the preservation of the Armenian cultural and religious heritage in the territories under the Azerbaijani control and Azerbaijan’s deliberate actions to cause humanitarian problems in Artsakh.

Armenia Finance Minister introduces 2021 state budget performance report to Parliament

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 11:44,

YEREVAN, JUNE 15, ARMENPRESS. The 2021 state budget revenues increased in Armenia connected with the economy recovery and the growth in tax revenues as a result of it, Minister of Finance Tigran Khachatryan said while introducing the 2021 state budget performance annual report in the Parliament.

He reminded that the annual economic growth, which was initially planned to be 3.2%, comprised 5.7%. “The economic growth was mostly connected with the growth in services, which have formed the 4 percentage point. Half of the growth has been ensured by accommodation and catering services. The impact of the industry growth has been 0.8%”, the minister said.

However, the cut in agriculture negatively affected the economic growth, as the overall growth figure has been cut by 0.2%.

“In 2021 the state budget revenues of Armenia increased connected with the recovery of the economy and the growth in tax revenues as a result. The total revenues of the budget comprised 1 trillion 683,8 billion drams, increasing 7.9% compared to the previous year, the revenue performance to the adjusted program comprised 99.6%. 94.2% of the revenues has been formed by tax revenues – 1 trillion 587 billion drams, which is the 22.7% of the GDP of 2021”, he said.

The taxes increased by 14.6% compared to the same period of the previous year. The budget’s tax revenue plan has been fulfilled by 100.2%.

The taxes-GDP rate increased by 0.3%, reaching 22.7%.

As for the capital expenditures, the performance has registered the highest growth compared to the past year – 92.5%. Compared to 2020, the current expenditures have increased by nearly 120 billion drams or 7.2%.

With the results of 2021, the government debt to GDP comprised 60.3%, which has improved by 3.2% compared to the previous year.

New head coach believes Armenian basketball team has the potential to win European Championship for Small Countries

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 12:07,

YEREVAN, JUNE 15, ARMENPRESS. The new head coach of the Armenian national basketball team Rex Kalamian, who has nearly 30 years of NBA experience, says he has joined the Armenian team with a great hope and goals.

“We contacted the Armenian basketball players 2-3 months ago, trying to present them in advance what our training process will be like. We also worked with several Armenian basketball players weeks ago. The players are in a good shape”, he told reporters today.

Rex Kalamian said that at this moment the team is at a stage of understanding one another.

“I really believe that we have the potential through which we could win the European Championship for Small Countries. However, it’s important to know how the other teams are doing, as they all pass this preparation stage. I liked the basketball players who have joined the team from the domestic championship. Our task is not only to develop the Armenian basketball, but also to put it on a good ground”, he said.

For the first time Armenian NPP starts operating with 98% of capacity – Minister Sanosyan

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 13:22,

YEREVAN, JUNE 15, ARMENPRESS. Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan calls the adoption of the energy strategy for 2040 an important achievement.

During the Parliament’s debate of the 2021 state budget performance report today, Minister Sanosyan said that all actions of the government derive from this strategy.

“The launch of the operations of the 254 MW Armpower thermal power plants last year was important, it plays an important role in our energy system, it was a major investment worth around 250 million dollars, as numerous jobs have been created, and the energy conversion efficiency of this plant is high”, the minister noted.

Minister Sanosyan also touched upon the operation of the Metsamor Nuclear Power Plant.

“Every year the NPP is suspending at a certain frequency, as it passes a certain stage of repair. Last year it was quite a comprehensive phase, changes were made in the important parts, and in the end we had an important achievement: since 1996 the NPP has operated with 92% of its capacity, but after the capital changes last year it has started operating with 98% of the capacity for the first time”, Gnel Sanosyan said.