The regulator in Cyprus is pushing for responsible gambling measures, including the creation of a budget to fund prevention measures.
Cyprus.- Problem gambling is one of the major concerns in the industry and governments seek to tackle it worldwide. That’s why the regulator in Cyprus is pushing for responsible gambling measures in the country.
The Cyprus National Betting Authority has urged €1 million budget to create different mechanisms. That way they seek to protect people, specially the youngest, exposed to the segment and potential addiction.
Chair of the regulator Ioanna Fiakkou sent data to the parliament to explain the proposal. She explained money will be spent on a strategy to promote responsible gaming in Cyprus. Furthermore, it will deal with cases of gambling addiction once its already too late.
The regulator seeks to create a prevention and intervention centre to provide information and support. It would be specialised and would strengthen existing centres providing services to people experiencing addiction problems.
Furthermore, it would create a dedicated online platform to get people to self-exclude from gambling services. Cyprus responsible gambling measures also include educational seminars to be carried out in educational centres and other places.