Industry News

Half million visitors for Cyprus casinos in six months

Published

6 years ago

April 1, 2019

Niji Narayan

Half million visitors for Cyprus casinos in six months

Photo Source: cypruscasinos.com

Reading Time: < 1 minute

The Limassol, Nicosia and Larnaca airport casinos in Cyprus have attracted nearly half million visitors in just six months. The Cyprus Gaming and Casino Supervision Commission has revealed that approximately 470k people have visited the three casinos in Cyprus.

Between June 2018 and January 2019 the casinos registered winnings of €175 million, while the operator made €35 million. The state received €5.25 million in taxes from the casinos. Christos Mavrellis, chairman of the casino commission, said that an additional €4 million were paid to the state for the licences.

While there were suggestions that the number of visitors fell short of estimations, Mavrellis said that they expect 300k more tourists per year once the casino opens its doors in Limassol in 2021. He confirmed that the commission has also received an application from a tour operator interested in bringing foreign gamblers to the country. He added that similar requests will probably increase when the casino, which is set to be the biggest in the continent, is closer to completion.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.