In addition to all the gambling carried out in the casinos, a new form of gambling has emerged.
Cockfighting is illegal in the TRNC, nevertheless it is being carried out in the back-yard of a restaurant in the industrial district of Nicosia.
It is claimed that many businessmen attend these events and that bets range from TL 500 to TL 15,000. The cockfights can last up to two hours.
The cockerels themselves fetch astronomical prices depending on their form. Prices start at TL 3,000 and go up to TL 100,000.