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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... 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