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Cyprus Online Gambling Bans

Thursday June 21, 2012 : ONLINE GAMBLING BANS IN CYPRUS SOON?
 
Legislators debate ban on all exchange and online betting
 
Legislators on the Mediterranean island of Cyprus, longtime haven for online gambling operators and processors, moved closer to a total ban on exchange and online betting Wednesday when the House Legal Affairs Committee progressed a measure that has been causing controversy for the last year.
 
Green party deputy Giorgos Perdikis said the bill impacted many interests, including the political world, and asserted that it would be a crime if decisions were not taken in the next 15 days since any delay would confirm claims of intertwined interests.
 
“People cannot distinguish who is involved and who is not; we’re all tarred with the same brush,” Perdikis said, referring to accusations and counter-accusations of corruption and allegations that the proposed law favours Greek state gambling group OPAP and is discriminatory.
 
Ruling AKEL MP Aristos Damianou protested, and suggested that Perdikis substantiate his claims and stopped playing the populist.
 
“The easiest thing is to be on the fringes of politics and throw stones,” Damianou said. “We challenge all those with evidence to submit it.”
 
Committee chairman Ionas Nicolaou rejected charges against him and members of the committee that the bill was being deliberately delayed. He said that any delays were due to the need to redefine articles in the bill.
 
“We would be held accountable if we allowed a law through that was full of loopholes,” Nicolaou said.
 
The House Finance Committee must now deliberate on the tax provisions before the bill, which specifically bans online casino games, exchange betting and betting on dog races, is sent for a vote.
 
The measure exempts OPAP from its provisions because the company operates under a bilateral agreement between Greece – its base – and Cyprus.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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