12
August
2020

3rd Safer Gambling Week 5-11 October 2020

The National Betting Authority is organising for the 3rd consecutive year the Safer Gambling Week (SGW) which will be held from the 5th until the 11th of October 2020. The SGW aims to inform the public and raise awareness, as well as involve and mobilise all stakeholders regarding safer gambling and protection of wider society from any harmful consequences of gambling activities.

The launch of the week will be marked by the 3rd Safer Gambling Conference. During the week, there will be various activities and events such as workshops, interactive games, presentations, training seminars, and more in all districts in the Republic.

The SGW’s objective is to inform the public on safer gambling practices, self-protection measures that players can set for themselves, as well as treatment centres and facilities for gambling disorder. The week aims to communicate that gambling should remain a fun activity for those who decide to participate in any gambling activities.

The ultimate goal of the Safer Gambling Week is to become a platform for discussion and constructive dialogue between various stakeholders of the Cypriot society and the gambling industry regarding safer gambling practices, and eventually become a cross-industry and community wide institution where it will get people talking about safer gambling: gambling venues staff, players, family, friends, wider community.

The theme for the 3rd Safer Gambling Week is “Let’s keep it a game”. Safe participation in gambling implies that the person who decides to gamble, will do so without putting in risk himself or those around him.

The agenda for the SGW 2020 will be announced soon and will be updated frequently. More information on the week and its activities can be found at www.sgw.cy Read more

07
July
2020

Public Consultation – Unified Self-exclusion Platform

Pursuant to the provisions of article 15 of the Betting Law of 2019 L.37(I)/2019, the National Betting Authority (hereafter the “Authority”) is responsible for the drafting of prevention and protection measures for players, young people and vulnerable groups of the population against addiction to betting. Part of the measures to protect the players and the society, as these are presented in the Authority’s Strategic Planning for 2020-2022, is the creation of the Unified Self-Exclusion Platform. Moreover, there is provision for the establishment of the Unified Self-exclusion platform in the Regulations for the Protection of Players, Young People and Pathologically Addicted Players, which were published for public consultation and are currently in the process of legal examination by the Law office.

Under the framework of legality, transparency, and our commitment for a continuous interactive relationship with our stakeholders, the Authority announces a public consultation in relation to the establishment of a Unified Self-exclusion platform. The consultation outlines basic features and functions of the platform for consultation purposes, aiming at recording feedback from licensed bookmakers, as well as from all relevant stakeholders.

The public consultation provides stakeholders with the opportunity to submit their comments and suggestions to the email address directives@nba.gov.cy

The deadline for the submission of comments/suggestions is the 24th of July 2020.

The consultation document can be found here:

22
May
2020

QUARTERLY FINANCIAL RESULTS AND QUANTITATIVE DATA

The National Betting Authority is systematically publishing quarterly reports on the Financial Results and Quantitative Data for the period starting January 2015 to the current quarter. The goal of this publication is the maximization of transparency and better public awareness.

The results for the quarter of 2020 (January – March) that are presented are derived from the detailed financial statements of Class A and B licenced bookmakers, as well as from the data that are stored to the Authority’s registry.

Click here for more information.

13
May
2020

Special Report of the Audit Office for 2018 – The Authority welcomes constructive feedback

The National Betting Authority has received and is currently assessing the Audit Office’s 2018 report on the Authority’s activities.

First, we would like to state that the report has in some respects considered the position of the Authority, which was requested by the Audit Office prior to the report’s publication.

Moreover, the report comments extensively on the issue of tax returns (not betting tax) and whether or not companies regulated by the Authority are compliant. It is evident that this matter does not fall within the competences of the Authority and it is our position that, any tax issues should be addressed towards the Commissioner of Taxation. The report’s comments and recommendations indicate that the Authority has fulfilled its obligations to the maximum, hence any further action would have been beyond its powers and would have interfered with responsibilities of the Commissioner of Taxation. Finally, we would like to stress that to the best of our knowledge, our operators are fully compliant with the provisions of the National Law.

In regard to the remaining main findings of the Audit Office’s report, the Authority’s comments, which essentially were sent to the Audit Office as direct quotations, are presented below:

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