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  • 05/06/2025 21:19 SBM
Cyprus Lawmakers Agree to Raise the Sports Betting Levy
Home » News » Americas » Law » Cyprus Lawmakers Agree to Raise the Sports Betting Levy

Cyprus Lawmakers Agree to Raise the Sports Betting Levy

Fiona Simmons 14/12/2024 01:21

Cyprus MPs have greenlit a bill that would increase the levy on sportsbooks’ winnings. This controversial measure seeks to increase the money provided to soccer clubs and academies. The Levy Will Increase by 1.5% The bill, which was proposed by the finance ministry, passed with 27 votes in favor and 25 against…

GamblingNews
Cyprus MPs have greenlit a bill that would increase the levy on sportsbooks’ winnings. This controversial measure seeks to increase the money provided to soccer clubs and academies. The Levy Will Increase by 1.5% The bill, which was proposed by the finance ministry, passed with 27 votes in favor and 25 against…
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