Article 1040 of the RA Civil Code clearly defines the procedures and conditions for organization of games and wagers by the state and communities or on their permission
The relations between organizers of lotteries, pari-mutuels (mutual wagers) and other games based on risk – the Republic of Armenia, communes, persons who have received per¬mission (or a license) from an empowered state body or body of local self-government – and participants in games shall be based on contract.
In the cases provided by the rules of organization of games, the contract between the organizer and the participant in the game shall be formalized by the issuance of a lottery ticket, receipt, or other document.
A proposal to conclude a contract must include conditions on the time period of conduct of games and the procedure for determining the winning and its amount.
In case of refusal of the organizer of the games to conduct them within the established time period, the participants in the games shall have the right to demand from their organizer compensation for the actual damage suffered as the result of the cancellation of the games or their postponement.
Persons who, in accordance with the rules of the conduct of a lottery, pari-mutuel, or other games are recognized as the winners must be paid the winnings by the organizer of the games in the amount, in the form (in money or physically), and within the time period provided by the rules of the game, or if the time period is not indicated in these rules, not later than ten days from the time of determining the results of the games.
In case of nonperformance by the organizer of the games of the duty indicated in Paragraph 4 of the present Article, a participant who has won in the lottery, pari-mutuel, or other games shall have the right to demand from the organizer of the games payment of the winnings and also compensation for the losses caused by breach of the contract on the part of the organizer.
