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05
December
2016

Directive 18/2016

According to section 11(b) of the Betting Law 2012, L. 106(I)/2012 the National Betting Authority has the power to draft and issue Regulations and Directives for the best possible application of the Law. Directive No. 18/2016 is drawn up on the basis of the provisions of sections 71 and 73 of the Law regarding the calculation of betting tax and contribution, as well as the payment obligation.

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25
November
2016

Press Release – Open Consultation – Code of Advertising

The National Betting Authority, exercising the powers which it derives from article 11(l) of the Betting Law 2012, L. 106(I)/2012, as amended or replaced from time to time, composes and issues the following Code of Practice on Advertising.

Under the framework of legality, transparency and our commitment for a continuous interactive relationship with our stakeholders, the Authority announces its first public consultation since the adoption of the Betting Law 2012. The consultation is concentrated in providing a regulatory framework apt in safeguarding good advertising practices in relation with the provision of betting services.

The Authority’s aim is to ensure that all stakeholders receive adequate and satisfactory information regarding the accepted practices of  advertising, as defined in the Code, and to determine whether these are sufficient enough in order to constitute a comprehensive regulatory framework.

Stakeholders have the opportunity to submit their comments and suggestions through our email address, at info@nba.gov.cy.

Submission deadline is on the 16th December 2016.

Code of Advertising

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