In remarks at the ninth Safe Gambling Conference, Lousi Herodotou Mouskou, director of Central Government Financial Management, delivered a message on behalf of Finance Minister Makis Keravnos emphasizing that player protection must be central to Cyprus’ gambling market. The ministry called for supervision to keep pace with technological and market developments through stronger expertise, modern regulatory tools, close cooperation among stakeholders and zero tolerance for illegal activity. Priority areas include preventing problem gambling, identifying risks early and protecting minors, young adults and other vulnerable groups. Artificial intelligence and data analysis could improve risk detection and protection mechanisms, while gambling advertising that reaches young people requires particular attention. The remarks also highlighted the National Self-Exclusion Platform, operating since 2024, which allows individuals to exclude themselves temporarily or permanently from all licensed online gambling platforms.
Cyprus Ministry of Finance emphasizes adaptive gambling supervision and stronger player safeguards
The Cyprus Ministry of Finance emphasized that player protection must be central to gambling regulation and called for supervision to adapt to technological and market developments. Priorities include using artificial intelligence and data analysis to identify risks, protecting young and vulnerable people, and maintaining zero tolerance for illegal activity.