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poker in cyprus Cypriot legislators have voted to ban online poker as a knee-jerk reaction to illegal street gambling at the expense of bona fide i-gaming business.
Cypriot legislators have voted to ban online poker as a knee-jerk reaction to illegal street gambling at the expense of bona fide i-gaming business.
Earlier this week, the Cypriot House of Representatives passed legislation to legalise sports betting in Cyprus but ban most other online gambling activities — including exchange betting, casino games and online poker.
The move mirrors the legislation introduced poker in cyprus Portugal ten years ago which was intended to reduce gambling-associated crime and has received approval from the EU despite being in contravention of EU free trade laws.
However, although the introduction of regulated sports betting will generate a limited income to the cash-starved nation which has suffered from the economic downturn in Greece, the new laws have been interpreted poker in cyprus uneducated, unfair and irresponsible — with the government accused of washing its hands of any responsibility for lawlessness connected to illegal gambling in Cyprus.
The Poker in cyprus to the Ban The Cyprus online gaming market is relatively small, but much of it is controlled by unlicensed betting operations which mostly host online casino games in neighbourhood shops.
It has also been suggested — but not proven — that proprietors of these establishments engage in violence to gain control of larger areas and generate more revenue for themselves.
Last-Minute Changes Upset Operators One poker in cyprus the companies complaining the loudest about the new regulations is online poker operator Betfair.
Betfair´s online poker and exchange betting operations in Cyprus account for 4 percent of the company´s turnover and the company are contemplating whether it should appeal to the European Court over the new laws after being told it would be allowed to continue operations in Cyprus and then having permission read more />Police Guard Shops and While Justice Minister Denies Irresponsibility After the new laws were announced, House Legal Affairs Committee chairman Ionas Nicolau was quoted as saying From this day we are handing over to the prosecuting authorities and the state the tools to combat this phenomenon.
However Justice Minister Loucas Louca came under attack after plans were leaked for police to be stationed outside of all 168 Go here lottery and i-gaming shops following threats of further actions against the Greek-owned outlets.
These are operational matters, he told the Cyprus Mail.
But measures are definitely being taken, this is no secret.


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Total 21 comments.