Update: Cyprus Boosts Pressure on Online Gambling

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December 20th, 2010
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New raids on the Mediterranean island

Another two online gambling rings have been raided by the police in Cyprus, which decidedly continues with its anti-online gambling pressure.

It was stated by the police spokesman Michalis Katsounotos that the police campaign against illegal gambling in the pre-Christmas period resulted in raids in the Engomi and Lakatamia areas in Nicosia.

He said that “the operations will be intensified in view of the holidays and will cover all of the districts, with some of the operations taking place in premises where investigations have already taken place,” adding that the raids resulted in the confiscation of five outside cameras, one computer used for storing CCTV footage, one laptop, 27 computer towers, three checks and cash, while eight people were detained, including the owner and the manager.

Without specifying any names, Katsounotos explained that illegal betting was taking place on the premises raided in Lakatamia, and that the police had found computers that transformed into gaming machines. In this raid, the police seized 14 computer towers as well as a total of Euro 2,000 in cash and checks.

The online gambling industry’s worth in Cyprus is officially estimated at EUR2.5 billion. However, the Mediterranean island’s government has drafted a law to ban the industry, and submitted them to the European Commission for approval. A response is expected soon.

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