The north’s ‘economy minister’ Olgun Amcaoglu on Thursday evening promised that “at least 28,000 new jobs” will be created as a result of the decision to relax laws relating to ...
The north’s ‘parliament’ voted in the early hours of Tuesday morning to relax its laws relating to the operation of casinos, following a full day of arguments over the ...
Fresh amendments to the north’s gambling legislation put forward by its ruling coalition may, if passed, allow Turkish Cypriots to enter casinos in the north for the first time, ...
Casinos will be exempt from the island’s cash transaction limit of €10,000, following a vote by the House plenum on Thursday evening.
The vote was passed with 25 votes in favour, 17 ...
A lot is happening behind the scenes with lobbying in favour of a bill allowing players in casinos to spend more than €10,000 cash at a time, while authorities are calling ...
A bill to exempt casinos from the restriction limiting cash transactions to €10,000 has been the subject of heated debate while opponents on Thursday lambasted the proposal as a last ditch “...
The government is forecast to make a total of €37 million from tax revenues related to the country’s only licenced casino, the gaming and casino supervision commission said on Monday.
...
A man arrested in north Nicosia for attempting to use a counterfeit €50 note at the Saray casino said on Tuesday he had obtained the money from a bureau de change ...
Casinos in the north will have their tax bills halved after the passing of a new law, Turkish Cypriot opposition party ‘MP’ Erkut Sahali said on Thursday.
Sahali sits on ...
Police in the north announced on Tuesday the arrest of two men who had embezzled over $100,000 from a casino in Kyrenia at which they were working.
The pair, aged 46 and 36, ...
Members of the board on the Gaming & Casino Supervision Commission get special treatment, pocketing around €800 a month while others on similar public bodies make €70, MPs heard on Monday.
The ...
A man who stole almost 90,000TL from his workplace and spent it all at a casino was sentenced to two years in prison on Friday.
The man, who worked for ...
The gaming authority and casino regulator has collected millions of euros from the casino, since its opening day, the chairman of the authority Christos Mavrellis told the House finance committee ...
Three managers of the Merit casino in northern Nicosia appeared in court on Wednesday after allegedly deducting “tax” from players’ winnings to the tune of 12 per cent, despite not having ...
From the casino in Akrotiri to the Akamas roadworks, we are just not learning the lesson
I was more than a little interested to read in the press recently that ...
The north’s ‘finance ministry’ on Saturday revealed the top three tax-paying companies and individuals over the course of 2022.
The highest tax-paying company was Turkish bank Turkiye Is Bankasi, which ...
A Turkish Cypriot man has received a fine after winning €79,000 at a casino in the north.
Turkish Cypriots are not allowed to use casinos in the north, and despite this, ...
The north’s ‘deputy prime minister’ and ‘tourism minister’ Fikri Ataoglu has moved to deny claims that a new hotel will be built in the Karpasia region.
He moved to ...
The north’s ‘parliamentary’ finance, budget, and planning committee met on Monday with a view to amending its law regarding the opening and operating of casinos.
Casinos have, in recent ...
Less that 24-hours before the planned protest at Limassol’s casino resort, one of the unions has backed out as a response to the labour minister’s “plea to refrain ...
The City of Dreams Mediterranean casino resort officially opens on Monday
Five years in the making, the integrated casino resort is opening its doors to the public, offering a sneak ...
City of Dreams Mediterranean spoke out on Friday calling the planned union protests outside the casino resort slated for Tuesday “unfounded and poorly timed” as the labour minister has stepped ...
Two unions are planning to hold a protest outside City of Dreams Mediterranean casino resort in Zakaki next Tuesday, a day after its official opening.
Following the casino’s opening ...
Parliamentarians on Tuesday again rejected one of the government’s proposed appointees to the Gaming & Casino Supervision Commission due to her links to a private company.
The dispute concerns ...