Until very recently, all forms of gambling, including online casinos, were illegal in Cyprus. Find out about the Cyprus Gaming and Casino Supervision Authority and what has changed.
Online Casinos Licensed by Cyprus Gaming and Casino Supervision Authority
Before 2012, all forms of gambling were completely illegal in Cyprus, where illegal gambling and unlicensed gambling operations were punishable by law, and both gamblers and operators were prosecuted and fined by authorities. In 2012, Cyprus passed the Betting Law, which required gambling operators to obtain a license from the National Betting Authority in order to offer their services. The Betting Law also made all forms of online gambling in Cyprus completely illegal. The only exemption is OPAP, a state-run lottery that offers sports betting as well.
About Cyprus Gaming and Casino Supervision Authority
If a company wants to start a gambling operating in Cyprus, they have to acquire one of two betting licenses, and additionally need to have a physical presence in the form of an office or gambling establishment in the country, or enter a partnership with a Cyprus company. The Class A license is meant for land-based betting establishments that demand a physical presence in the country or a partnership with a local company. The Class B license concerns online sports betting operations, where all types of horse race betting are entirely prohibited. This leaves online sports betting the only legal form of online gambling in all of Cyprus.