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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

The Cabinet approved the law for casino

Nicosia:  The Cabinet approved a bill entitled "Law that regulates the establishment operation, activity, supervision and control of casinos and related matters" of 2014. The bill provides for the establishment of a National Gaming Authority and Supervision Casino, responsibilities and powers, and issues associated with it, the licensing and regulation of operation of the integrated type casino-resort, conducting gaming in casinos and VLTs premises. Aims of the bill are: - To restrict the conduct of gambling casinos in Cyprus in a strictly controlled international level integrated type casino - resort and casino premises gaming machines, with strict control by the government in casino gambling types offered in stakes and machinery allowed and the uncontrolled expansion of gaming sites conducting casino. - To combat criminal activity connected to the game and especially the legalization of proceeds from criminal activities. - Provide protection to the citizens and to make the game safe, controlled and strictly regulated. - To protect underage persons and vulnerable groups of the population from participating in gambling casinos and provide assistance to those facing addiction problems. Source: philenews
- See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/232425/to-ypourgiko-enekrine-to-nomo-gia-kazino-ti-pronoei#sthash.OVsB8Hmk.dpuf