Cyprus signals licence suspensions as betting regulator declines BookieCo renewal
Cyprus’s National Betting Authority declined to renew BookieCo’s licence, barring the operator and its agents from providing betting services in the country. Justice Minister Costas Fitiris said the state could use licence suspensions to address organised crime, but said he did not know why the authority made its decision; appeals are expected to be overseen by the legal office.
The non-renewal bars BookieCo and its agents from betting services, while the legal office is expected to oversee appeals.