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Plans to Ban Online Poker Delayed in Cyprus

Cyprus Government Calls for Licensing Authority to Regulate Online Poker

by Rebecca McAdam  |  Published: Dec 24, 2010  |  

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Episkopi Bay, CyprusCyprus will have to wait until March 2011 to find out the feedback from its proposed legislation to ban online poker, slot machines, and casino games, which legislators have estimated to have a turnover of 2.5 billion euro per year.

According to Reuters, the draft legislation, which excludes online sports betting, calls for a licensing authority which would issue permits and regulate permitted forms of gambling.

With no casinos based in Cyprus, poker players have turned to online sites provided by outside sources, or they must travel to the Turkish Cypriot state in north Cyprus where there are plenty of casinos.

The government hoped to hear back from the European Commission this month, however it will have to wait patiently until spring.

 
 
Tags: Cyprus,   Online Poker,   Casino,   European Commission,   Legislation,   Turkey
 
 
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