Cyprus Mail
Cyprus

Cabinet approves bill to regulate operation of casinos

The cabinet on Wednesday approved legislation that regulates the operation of casinos on the island, which will now be submitted to parliament for discussion and approval in the coming months.
The bill regulates the creation of a gaming authority and the operation of a casino resort.
It includes provisions for strict control of the types of games, betting level, and equipment, as well as the actual venues housing the casino.
The bill also has rules concerning the protection of minors and vulnerable groups of the population and the provision of assistance to those addicted to gambling.
The law provides for a casino of international standard, and a hotel or hotels of international standards exceeding the requirements for a five-star establishment under existing laws with at least 500 luxury rooms, at least 100 gaming tables and at least 1,000 gaming machines.
The operator gets to choose which district the resort will be located in, an avoidance tactic by the government, which has been under pressure from all districts to award them the licence.
Under the provisions, the operator can create four other premises ‘off-site’ with a maximum of 50 gaming machines per premises but no casino games.
These premises must be located outside the district where the resort is based but cannot be sold, rented, transferred or assigned to anyone other than the resort operator. The integrated resort can stay open 24 hours a day, seven days a week and smoking will be allowed on the gaming floor.

Related posts

Coronavirus: Cyprus now fourth in website’s EU jab table

Staff Reporter

Paphos villages hope to open gorges for tourist trails

Nick Theodoulou

House to meet over laws sent back by president

Staff Reporter

Coronavirus: Food and drink sector seek Disy help over testing rules

Staff Reporter

Coronavirus: Rapid testing sites for Thursday

Antigoni Pitta

US-style police ID badges coming to Cyprus

Antigoni Pitta

20 comments

Comments are closed.