The legislators of Cyprus want to ban internet casinos

26 December 2010 – By Linda Jefferson

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Cyprus is following the footsteps of Portugal and wants to persuade the European Commission to allow the prohibition of the online casino gambling activity within their jurisdiction. Cyprus legislators say that the reason for the desired ban is to keep under control the increasing crime rate. However, even if the government of Cyprus succeeds in his attempt, both Cyprus and Portugal need to adhere to the trade agreements.

These trade agreements allow offshore operators to gain licenses within the European Union member countries provided that the host country will issue the permit for those operators to comply with. The European Union doesn’t allow any member country to stop other countries within the Union from dealing business within their area of jurisdiction. Many analysts say that Cyprus’ attempt will not be successful because the European Commission doesn’t want other countries to follow the footsteps of these two countries.

The European Union supports online casino gambling and the current climate in gambling will not help Cyprus in their intentions. Many countries already allow and have legalized gambling in the internet: France, Spain and Italy are the most important new markets in the European Union.

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