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Profits from gambling go towards addiction prevention

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One per cent of overall profits from gambling in Cyprus goes back to support mechanisms for young people who become addicted to it, according to Finance Minister Constantinos Petrides.

Responding to a letter by Opposition Akel MP Skevi Koukouma, the Minister also said this budget is spent on a strategy promoting responsible gaming and dealing with cases of gambling addiction.

This is what Philenews reported on Monday, adding that a total of €516,614 have gone towards that goal, so far. And that the Cyprus National Betting Authority has an additional €210,187 budget for this.

The plans include the creation of a specialized prevention and intervention centre aimed at providing information and support to gamblers and the general public.

As well as strengthening existing centres providing services to people experiencing addiction problems.

Educational seminars to be carried out in schools and elsewhere are included.

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