The Azerbaijani Parliament has raised the issue of legalizing the gambling industry in the country
Since 1999, all forms of gambling, including online gambling, poker, and sports betting, have been banned in Azerbaijan. However, the operation of sports betting and state lotteries is permitted.
Hasanguliyev believes that the widespread development of the gambling industry could generate additional revenue for the state budget by attracting a greater number of tourists. "The foundation of my proposal is the legalization of casinos. For instance, we could take a cue from Russia, where gambling establishments are located within designated areas. A similar project could be implemented in Azerbaijan by opening a large casino in Karabakh. This would attract a significant number of tourists, and the revenue generated would contribute to the budget. Additionally, there is a proposal to establish a similar facility on Nargin Island," Hasanguliyev stated while discussing the legalization issue in parliament.
It is worth noting that the authorities are set to present a new version of the article concerning penalties for organizing illegal gambling activities in Azerbaijan. Under the proposed changes, violators could face fines of up to 5,000 manats (approximately $2,900) for individuals and up to 50,000 manats (over $29,000) for legal entities.
In addition to monetary penalties, the code includes provisions for the confiscation of property, including gaming equipment (tables, slot machines, terminals), and the freezing of all bank accounts associated with offenders.
As a reminder, a unique modernization project is being developed for the gambling zone in Primorye.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
