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Society

Cyprus Casino Vote Coming Up

It’s taken two years since being announced, but Cyprus’ Parliament on March 10 will vote whether to back plans for a major casino in the island.

The scheme is seen as competition for a casino on the northern third of the island unlawfully occupied by Turkey, an establishment luring customers.

“This will be one of the most important infrastructure projects in Cyprus in coming years,” government spokesperson Nicos Christodoulides said, according to Poker News, stressing the importance that an opening to the gambling industry could have for the economy of the island.

According to Christodoulides, Cyprus’ plan is to issue a casino license valid for 30 years, together with a 15-year exclusivity agreement for the successful bidder.

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