Tofiluk exits UKGC for Cyprus Gaming Commission
Nick Tofiluk has left the UK Gambling Commission (UKGC) to become chief executive of the Cyprus National Gaming and Casino Supervision Commission.
Tofiluk spent 10 years as executive director of regulatory operations at the UKGC.
Prior to his time with the national regulatory body, Tofiluk earned a master's degree in criminology from Cambridge University in 2000.
Tofiluk also received his Bachelor of Education in Economics from Dudley College and studied at the University of Birmingham.
Tofiluk states on his LinkedIn profile that he is an “experienced executive director focused on risk management, strategic and operational intelligence, senior law enforcement.”
In September, the EC cleared the way for Cyprus to adopt a new online betting framework which remedied several earlier infringements with the 2012 law identified by the EC, including one related to local ISPs' obligations in relation to blacklisting and website blocking.
Cypriot regulator the National Betting Authority (NBA) opened a window for betting operators to apply for licences from 3 October to 3 November last year. Bet365 is among the eight companies that have since received full Class B online betting licences.
GVC’s Sportingbet was also among eight entities issued with transitional licences.
Licensed bookmakers pay a tax of 10% on net revenue generated from punters in the country, plus a further levy of 1% of net revenue towards responsible gambling initiatives and 2% to support sporting organisations in the country.
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