Cyprus

Cyprus parliament gives green light for first casino license

March 11, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Cyprus, European Casino News, Licenses

As it was expected, the House of Representatives gave thumbs up for the first Cyprus casino license on March 10, 2016. The idea to build an integrated casino resort in the country had 28 votes in favor, 16 abst...

No announcement on Cyprus casino license until regulations approved; March 10 earliest

Lars Jones

March 2, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Cyprus, Licenses

Having been fully translated from English into Greek, regulations for the first legal casino in Cyprus are set to be heard before the full House of Representatives on March 10. The delay is seen to have been ca...

Three finalists for Cyprus casino license may be announced this week

Lars Jones

February 29, 2016

Latest Casino and Gambling News, Cyprus, Licenses

Another shortlist of operators who may be selected to enter the final round of competition for the sole casino license to be issued in Cyprus later this year has possibly been leaked, this time to the Greek lan...

British destroy illegal casino equipment at base in Cyprus; Casino regulations expected this week

Lars Jones

February 22, 2016

Turkey, Latest Casino and Gambling News, Gaming Law & Legislation, Cyprus, Unlicensed Operation, Licenses

Local media reported today that the British Bases have destroyed gambling equipment and paraphernalia seized from illegal gambling establishments in Cyprus. Gambling is illegal in South Cyprus, the UN controlle...

Melco Crown competing for Cyprus casino licence?

K Morrison

January 27, 2016

Latest Casino and Gambling News, Casino proposals, Casino News, World Casino News, Gaming Industry News, Cyprus, European Casino News, Licenses

A slump in profits among Asian gambling operators could benefit the Mediterranean island of Cyprus’ attempts to establish its first casino resort as Macau gaming operator Melco Crown Entertainment Ltd. and othe...

Eight companies compete for Cyprus casino license

Sadonna Price

December 19, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, Cyprus, Licenses, Greece

With one casino license available in the southern half of Cyprus, there has been much interest from companies unknown. Eight companies have shown interest in a formal fashion for the licensing, proposing a bid ...

With days to go, the five most important suitors for Cyprus casino license

Lars Jones

December 15, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Cyprus, Licenses

In a scant few days the deadline will pass for companies to show their interest in a single casino license to be issued in the southern or Greek region of the divided country of Cyprus. The government of the...

Russians show interest in Cypress casino license

Sadonna Price

December 5, 2015

Latest Casino and Gambling News, Casino proposals, Cyprus, Licenses

December 18th is the final day to propose a bid for a casino license in Cyprus, with last minute interest now being show by companies based in Russia. The Russian companies are not only interested in the casino...

Sun International likely contender for Cyprus casino resort license

Lars Jones

November 19, 2015

Latest Casino and Gambling News, New Hotels, Casino project updates, Cyprus, Licenses

The Republic of Cyprus has authorized the licensing and construction of a massive integrated resort casino and Sun International is widely believed to be one of six possible contenders in the competition to bu...

A Cyprus divided, and in the middle – illegal casinos

Lars Jones

October 17, 2015

Turkey, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Cyprus, Unlicensed Operation, Licenses

There may not be an abundance of amity between Cypriots living in the south and those living in the north, but there is a special village in the republic which is bi-communal with a fairly balanced population. ...

Six major firms running for Cyprus casino license

Alex Lanter

October 7, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino project updates, Cyprus, European Casino News

Cyprus Weekly is reporting that there has been a keen interest from casino operators from all over the world in obtaining the sole casino license to be issued in Cyprus. So far six big companies from the United...

Gates to open for a single winner; who will gain Cyprus casino license?

K Morrison

September 13, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Cyprus

Cypriot President Nicos Anastasiades announced on Wednesday that the selection process for an integrated casino resort in Cyprus would begin this week. In an attempt to boost tourism of the third largest is...

Cyprus casino legislation finalized and officially published

Sam Mitchell

July 30, 2015

Latest Casino and Gambling News, Cyprus

The Cyprus Operations and Casino Control Legislation of 2015 has been enacted after it was published on the 21st July in the Official Gazette of the Republic. The ministry website has also published the Cypr...

Arrests: International investment scam, JP Morgan hack, online casinos

Lars Jones

July 24, 2015

Israel, Casino closures, Gaming Industry News, Hacking, Cyprus, Money Laundering, Middle East Gaming News, Data Protection, Online Gambling News, Florida, Financial Fraud

The Manhattan U.S. Attorney announced on Tuesday that three men in Florida and Israel had been charged in a penny stock scam with international reach. Three Israeli residents, one an American citizen who remain...

Cyprus Parliament approves casino bill

Sadonna Price

July 10, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Cyprus

In an effort to attract additional tourism to Cyprus, Parliament approved a new bill on Thursday which will see a casino resort created in the region. The approval also includes the addition of satellite establ...