Betting companies in Armenia are beginning to accept wagers on whether US President Barack Obama will mention the term 'genocide' on April 24th, the annual day of remembrance. Up until now, wagers are appearing to lean towards the option that he will indeed not mention the term 'genocide.' Wages that he will mention the term 'genocide', which was of course an issue he supported during his campaign, are at 1.30, while betting rates against his mentioning the issue are at 3.2, showing that wagers believe he is more likely to refrain from making such a stand on April 24th.
LOW PROBABILITY OF GENOCIDE REFERENCE
It appears the recent display by the Obama administration of significance placed on mutual relations with Turkey, may result in US President Barack Obama backing down from calling the incidents that took place in 1915 'genocide,' which was a promise he had made during his campaign. An article in the Los Angeles Times, published in California, which has a significant Armenian population, wrote on March 17th that the Obama administration is apprehensive about using the term genocide on April 24th, the date of remembrance in which many Armenians anticipate Obama may make an announcement. The article addressed the fact that Washington is seeking support from Turkey on a number of regional issues. According to the article, the Obama administration is leaning towards repairing relations between Turkey and Armenia.
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