For consideration and a vote in 2015

Cyprus passes gambling bill to parliament

(Cyprus).- The Cyprus Cabinet has now sent to parliament the bill governing the development, operation and control of casinos in southern Cyprus.
2014-12-29
Reading time 38 seg
(Cyprus).- The Cyprus Cabinet has now sent to parliament the bill governing the development, operation and control of casinos in southern Cyprus.

The bill which has been vetted by the Attorney-general’s office will now go to lawmakers in early 2015 for consideration and a vote.

However first the ministry of commerce is inviting any interested parties to submit their remarks on the draft regulations, which have been posted on the ministry’s website until closing date of the 16th January.

The government bill includes provisions for strict control of the types of games, betting level, and equipment, as well as the actual venues housing the casino. Also the bill includes protection of minors, those of a vulnerable addictive nature and the help to those addicted to gambling.

Successful operator/s will also get to choose where the casino resort is located in the districts mentioned removing the problem for government to those areas lobbying lawmakers on them winning the location battle for the casino resort.

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