Georgiades: Online Betting Creates Prospects for the Economy

The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy, Minister of Finance Harris Georgiades has said, as Cyprus National Betting Authority gears up to license online betting companies, the Cyprus News Agency reports.
“By opening and regulating online betting and the rest steps undertaken (by the government) in the betting industry we create a new significant prospect for the economy,” Georgiades said addressing an event for the presentation of the NBA’s strategic planning.