Cyprus Gaming Authority Reports 20% Revenue Surge Amid Regional Pressures

by THEFUTURE.TEAM

February 2, 2026

Members of Parliament have been briefed on the Cyprus Gaming and Casino Supervision Commission’s fiscal framework for 2026, which outlines a balanced budget of €3.68 million and a rise in casino performance.

Robust Growth In Casino Revenues

During the review, Commission Chairman Pieris Chourides said that despite an 8.24% increase in operating expenses, the casino’s financial performance remains strong. Estimated gross revenues are expected to approach €227 million in 2025, roughly 20% higher year over year and elevated by European standards. The regulator said it will continue monitoring risks and refining its analysis to support this growth.

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Competitive Pressures And Strategic Considerations

The Commission is facing regional competition. Chourides cited two developments: the planned opening of a casino in Elliniko, Greece, and a forthcoming venue in the United Arab Emirates. The market is also affected by about 30 casinos operating in the occupied territories, with projections that a similar number could open within the next three years. In response, executives are considering options such as expanding the satellite casino in Nicosia to retain local demand.

Enhanced Player Experience And Market Dynamics

Executive Director Harris Tsangarides noted that the Nicosia facility does not offer the same scale or amenities as the Limassol integrated resort, reflecting a broader industry shift toward experience-focused gaming. International visitors mainly arrive from Israel, the United Kingdom, Germany, Greece, and Armenia, and the authority said it is adjusting its approach to meet changing expectations.

Commitment To Responsible Gambling

Responsible gaming remains a central focus. Around 10% of funds are allocated to prevention and treatment programs run in cooperation with the Gaming Authority and local addiction services, including the Faros Foundation. The initiatives aim to expand access to support for vulnerable groups and address illegal online gambling. Measures include cooperation with technology providers to restrict mobile access to unlicensed platforms.

Looking Forward

Discussions are underway regarding a potential merger with the National Betting Authority or other regulatory bodies. As the Commission prepares for legislative changes in payment protocols, it remains clear that while casino performance is robust, the integrated resort segment continues to face challenges. Moving forward, strategic adjustments and market adaptations will be key to sustaining long-term growth.

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Copyright Law Struggles To Keep Up With AI Training

by News Editor

August 24, 2026

Courts Are Still Applying Old Copyright Rules To AI

AI companies train models on enormous amounts of published material, including books, articles and academic research. Whether using that content without authors’ permission violates copyright law remains unresolved.

Much of the debate centres on fair use, which allows copyrighted material to be used without permission in certain circumstances. Courts consider factors such as the purpose of the use, how much material was involved and its impact on the original market.

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Anthropic Case Sets An Important Precedent

A major case involving Anthropic and a group of authors provided one of the clearest rulings so far. Judge William Alsup found that using copyrighted books to train AI models was lawful, comparing the process to people reading and studying literature before creating something new.

Anthropic was nevertheless ordered to pay $1.5 billion in a settlement. The penalty concerned books the company had obtained from illegal online libraries rather than the AI training itself.

For AI companies, that distinction could prove significant because it separates studying copyrighted material from directly copying it.

Competition Could Be The Key Issue

A case involving Thomson Reuters and Ross Intelligence offers a different perspective. A court ruled that Ross could not claim fair use after using Reuters’ copyrighted material to develop a competing AI-powered legal research platform.

The decision suggests courts may be less willing to consider AI training fair use when copyrighted content is used to build a product that directly competes with the original.

For authors, an unresolved question is whether AI-generated content should be considered competition for the works used to train these models.

The Law Has Yet To Catch Up

US copyright law predates generative AI by decades, leaving courts to apply old principles to new technology. Questions also remain over copyright protection for AI-generated works. In Thaler v. Perlmutter, a court ruled that material created entirely by AI cannot receive copyright protection.

Major AI companies remain involved in copyright litigation, and different courts could reach different conclusions. For now, there is no universal rule: the legality of AI training will depend on the circumstances of each case and how courts ultimately interpret copyright and fair use.

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