Huge clampdown on online gambling in Cyprus
The main target of the law is online casino gambling which has proliferated of late, generating millions in income for the providers.
The chairman of the House Legal Affairs Committee said the law will include strict penalties for offenders, while internet providers would be obliged to block sites offering the service.
“There will be a continuous war to locate these webpages that will be placed on a register,” DISY MP Ionas Nicolaou said.
Penalties will depend on the offence; those offering the illegal activity face up to 10 years in jail and up to €500,000 in fines.
Players engaging in illegal gambling – either from home or elsewhere -- face up to five years in jail and or a fine of up to €170,000, Nicolaou said.
The law also provides strict sentences for establishments offering legal betting, which violate their permits.
The bill’s text will be finalised in cooperation with the state legal service, Nicolaou said. Discussion of the bill will finish on Monday.
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