Gaming License Revoked for Shangri La Casino in Yerevan

License of Shangri La Casino Owned by Gagik Tsarukyan’s Family Revoked

Massis PostJun 23, 20261 min readOriginal: Massis Post

Gaming License Revoked for Shangri La Casino in Yerevan

The gaming license for Onira Club, the legal entity operating the Shangri La Casino in Yerevan, has been revoked, according to Massis Post. The casino is reportedly owned by interests connected to Gagik Tsarukyan, a prominent Armenian businessman and former lawmaker. Details regarding the specific reasons for the license revocation were not provided in the available reporting. This action represents a significant development in Armenia's gaming and business regulatory environment. Tsarukyan has been a major figure in Armenian business and politics for decades, and his business holdings have periodically been subject to government scrutiny.

Tags:#armenia-business#gaming-license#gagik-tsarukyan

This story was summarized from Massis Post. Read the full article at the source.

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