The commission is inviting stakeholder views to accelerate consumer protections in the territory.
Revenue from sports betting operations decreased 17.2% year-on-year in January but online casinos set a record.
British bases authorities raided an illegal casino in Ypsonas, Limassol, and charged the people responsible for it.
The regulated iGaming market is soon to launch as the Upper House will vote on the Remote Gambling Bill next week.
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