News Local Bingo games soon to be regulated

Bingo games soon to be regulated

The public consultation process on the bill regarding the regulation of bingo games is currently being finalised. The draft bill was prepared by the National Betting Authority. Following the conclusions of the public consultation, the views expressed by the stakeholders were included in the draft bill. The National Betting Authority is currently processing the final text of the bill, which will be sent to the Finance Ministry for consideration, and will in turn be promoted it to the Legal Service for legislative control. The aim is for the bill to be approved by the Council of Ministers so that it can be submitted to the House before the end of the year.

The government has decided to regulate bingo, as in recent years there has been has been a rapid increase in its popularity with the state receiving nothing in taxes. The bill will also provide for the protection of local communition from possible links of gambling services to criminal elements. At the same time, the adequate protection of players, especially those beonging in ‘vulnerable groups’ of the population will be provided for. The games will be controlled by the National Betting Authority, which will also provide licenses to the providers and impose sanctions on those who violate the law.

A tax will be imposed on bingo games service providers. The tax that will be levied will equivalent to 11% of net revenue. In particular, 10% of the tax will go to the state and 1% to the National Betting Authority. Those who visit the places where bingo games take place, which will run from 10.00am to 02.00hrs, will have to pay an entry fee.

Top Stories

People enjoy hot weather in London

People enjoy the hot weather amongst summer themed sculptures, amid the coronavirus disease (COVID-19) outbreak, in London, Britain August 12, 2020.

Fourteen new corona virus cases detected out of 3,775 tests

According to the Epidemiological Surveillance Unit of the Ministry of Health 14 new cases of the SARS-CoV-II virus were detected out of a total...

Iraq’s port of Umm Qasr takes precautionary measures after deadly Beirut blast

Following the deadly blast at Beirut's port last week, Iraq is moving to secure its own main port of Umm Qasr from any potential...

Concerns over preserving Lebanon’s cultural heritage

Many historical buildings in Beirut were badly damaged in last week's devastating explosion. Experts worry that much of Lebanon's rich cultural heritage will be lost...

Yellow alert for extremely high temperatures on Thursday

Mainly fine weather on Thursday with yet another yellow alert for extremely high temperatures in effect from 13:00 to 17:00. Temperatures are expected to rise...

Taste

Octopus ‘Kathisto’ (or Octopus braised in Wine)

Ingredients: 1/2 cup Greek extra virgin olive oil 2 medium onions, chopped fine 1 large octopus, about 2kg (cleaned and kept whole) 3/4 cup dry red wine 1/3 cup...

Homemade lemonade

Ingredients: 1 cup lemon juice 1 cup sugar Method: Thoroughly wash the lemons with soap and warm water. Roll each lemon with the palm of your hand, pressing...

‘Striftaria’ mini cheese pies

Ingredients 1 ½ cup milk 2 tbsps. flour 4 tsps. of butter 3 eggs, slightly beaten + 1 extra with 1 tbs. of milk for spreading 1 pack of...

Mini potato canapes baked on salt

Ingredients Serves: 12 1kg small Cypriot potatoes rock salt, as needed 250g salted butter 300ml full fat cremé frâiche 1 pot cod or salmon roe Method Prep:20min › Cook:35min › Ready in:55min Take...