ArmInfo.Minister of High-tech Industry Mkhitar Hayrapetyan visited Digitain, one of the largest technological companies operating in the iGaming sector of Armenia. According to the press service of the Ministry of High-Technological Industry, accompanied by Digitain management, the minister got acquainted with the company's infrastructure, the created ecosystem, developed products and development programs.
The parties discussed prospects for expanding the company's activities. In particular, Digitain founder Vardges Vardanyan said that the company is increasing its presence not only in Armenia, but is also opening offices in Romania, Great Britain and Malta. According to him, Digitain has recorded significant growth in recent years in a number of areas, increasing its workforce and the number of products it has developed. "However, we do not stop there. We have big plans to expand the company, which are important for the development of the economy of our country, the high-tech sector, and in this context we attach great importance to cooperation between the public and private sectors," he said.
Digitain is a developer of technological solutions for sports betting and gambling and entertainment platforms. The company was founded in 1999 and offers a wide range of services and products in the iGaming industry. The company's staff exceeds 3 thousand people as of today.
According to the study of the Modex consulting company, the number of hired employees or contract employees in Armenia's IT sector in 2023 was 33,980 at the end of 2023.
The total wage portfolio of the sector increased by 36% over the year, amounting to 410 billion drams. According to Modex data, industry companies paid a total of 135 billion drams in taxes, which is 51% more than a year ago.
According to the RA Statistics Committee, the information and telecommunication technologies (ICT) sector of Armenia in 2023 provided revenue of 883.2 billion drams (over $2.2 billion), with an increase of 54.8% over the year.
The state should establish strict rules for its relations with investors, rather than engaging in promiscuous partnerships with them - Artur Ashugyan
Fixing over-ambitious and unrealistic goals most dangerous - expert 
The sale of HSBC Bank Armenia to Ardshinbank to be completed on November 29, 2024
Armenian government approves 2024-2040 demographic strategy 
Armenia`s economy and state competing for sooner collapse - ex-official