January 28 final day to bet on presidential elections
Bets on the presidential elections will be closed from January 28 onwards, the national betting authority announced on Thursday. Candidate Nikos Christodoulides remains the bookies’...
betting
Betting sector’s regulation has seen 1086% increase in revenues
The National Betting Authority boasted a 1086 per cent increase in registered revenues during the past decade, with the activity accounting for 3.34 per cent...
Gambling found to be popular with Cypriot women, national betting survey says
Nine out of 10 women in Cyprus have gambled at least once in their lives, while the most important motivations for their participation seem to...
Betting authority raked in €192mln in quarterly revenue
The National Betting Authority generated €192 million in revenue during the third quarter of 2021, reflecting a 12 per cent increase over the corresponding quarter...
888 stakes $3 bln to buy William Hill businesses
888 will buy William Hill’s business outside the United States from casino group Caesars (CZR.O) for 2.2 billion pounds ($3 billion), making a foray on...
Atletico’s Trippier banned for 10 weeks over betting rules breach
Atletico Madrid and England defender Kieran Trippier has been suspended for 10 weeks and fined 70,000 pounds ($94,052.00) following a breach of betting rules, the...
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...
Audit office says reasonable suspicion of widespread tax evasion by betting companies
The audit service said Tuesday there was reasonable suspicion of widespread tax evasion by betting companies because of the inadequate coordination between the national betting...
CFA opposes bill to exclude it from betting gains
The Cyprus Football Association said on Tuesday it opposes a bill that would take away its share from the state’s betting revenues because it would...
Parliament ends Opap monopoly
By Evie Andreou The House plenum on Friday passed a law which puts an end to the monopoly of Opap Cyprus in lottery games and...
