YEREVAN. - Armenian Minister of Finances Vache Gabrielyan and the President of Canadian Amaya Gaming Group David Baazov signed an agreement on implementation of single system for regulating of gaming industry in Armenia.

The aim of the system is to defend the interests of consumers in gambling and lottery industries, to have a clear accounting system that would avail to trace any fraud or theft by means of gaming machines operating on the territory of Armenia.

The system is a combination of computer software services that collects and transfers to the central server, in this case the Ministry, the data from all electronic gaming devices. It also provides all necessary measures, allowing controlling the amount of financial data and detecting frauds across the network.