Cyprus Mail
Cyprus

Percentage of gambling profits supports those addicted

Around €500,000 has been used on measures aiming to prevent gambling addiction, Finance Minister Constantinos Petrides said in response to a parliamentary question, it was reported on Monday.

According to Phileleftheros, one per cent of gambling profits goes towards support mechanisms for young people and addicted gamblers.

Responding to a question posed by Akel MP Skevi Koukouma, Petrides said from this fund, a total of €516,614 has been used by the National Betting Authority while €210,187 remains in the fund, exclusively aimed at preventing gambling and overcoming addiction.

From the funds that have already been used, Petrides said they have gone towards informing the public of the dangers involved with gambling addiction.

Petrides noted that the website https://responsiblegaming.gov.cy contains useful information for gamblers as well as those in their close circle on how to support and guide them so as to avoid ‘problematic involvement’ with gambling.

Related posts

Tatar: Turkish Cypriots need compensation for properties in south

Staff Reporter

Coronavirus: One death, 851 new cases (Updated)

Nick Theodoulou

Coronavirus: Booster shots, jabs for over 12s discussed (Update 2)

Gina Agapiou

Europol launches revamped website to fight ransomware

Staff Reporter

Coronavirus: Rules change over PCR tests on arrival

Staff Reporter

Israel expresses deep concern over Varosha

Staff Reporter