Sports Betting License in Cyprus Cyprus Sport Betting Regulation

Top betting sites offer many payment methods to meet different needs. They use everything from bank transfers to digital wallets for a smooth and safe betting experience. In Cyprus, top betting sites offer great welcome bonuses and ongoing promotions. ● You cannot legally play at any other land-based or online casinos not licensed by the CGC. Discover how to bet football online in Cyprus with my comprehensive guide. Learn about legal sportsbooks, top betting sites, and strategies to enhance your wagering experience.

Alongside the cashback offer, free Spins promotions and tournaments with four winning mechanisms are core part of the customer journey.CasinoSecret’s cashback model is absolutely unique in the iGaming industry as it only applies on losing bets. The model has been designed with a real determination to improve the customer experience. The players are at the heart of everything, and the instant cashback feature is driven by the ambition to reward them generously, without hidden conditions and complicated requirements.

Bookmakers in Cyprus: Your Betting Guide

They focus on local sports leagues and events, making them a great choice for those who want to bet on what they know best. Its intense matches between top teams offer a thrilling experience. The UEFA Champions League, with its elite teams, also draws a lot of attention. Knowing the laws and the role of the National Betting Authority helps Cyprus bettors feel secure. They can bet online with confidence, knowing their sites are regulated.

Players must also be aware that they offend the law when they play on websites without submitting valid identification, residence and e-mail information. Also, it is an offence for any individual to encourage or allow a minor to engage in gambling or to enter in an establishment that provides betting services. The National Betting Authority (NBA) is the supervisory authority of all the gambling activities in Cyprus. The responsibilities of the NBA includes the examination of applications, licensing, auditing and supervising betting shops and online betting operators as well as examining any complaints and suspending any licenses in relation to those.

Online Casinos

Gambling dates back in ancient times and is now widespread wherever people are. There is no country in the world where locals do not play cards, dice, backgammon or any other kind of gambling. There are more than 6,000 slots, tables, and live activities available for you to participate in. Overall, the casino industry in Cyprus is relatively new but growing, with more developments planned for the future. As a result, the country’s reputation as a gambling destination in the region is likely to continue to grow in the coming years. Remember that gambling is a social activity, and be respectful to other players and the casino staff.

Welcome to the ultimate guide on the top 20 betting sites in Cyprus. As a professional copywriting journalist, I’m excited to take you on a journey through the vibrant world of online gambling in this Mediterranean paradise. Whether you’re a seasoned bettor or new to the scene, you’ll discover the best options for sports betting, casino games, and more. Online casino gambling is officially illegal in Cyprus, but it is not strictly enforced. The only online betting websites allowed are those with a Class B license from the NBA. The only legal land-based casinos are those that the CGC authorises.

These are some of the top betting sites that Cypriot gamblers trust and love. When choosing, think about user experience, betting markets, bonuses, and customer support. This will help you find the best site for your online gambling needs. Bet365 is a global leader known for its wide sports betting markets and easy-to-use platform.

For example if you just transfer a developed IP from a related party this does not mean that the asset qualifies for the regime. Cyprus is considered as one of the most tax-efficient jurisdictions for holding IP assets in Europe and is a main benefit for setting up base and headquarters in Cyprus. The effective tax on the profits could be as low as 2.5% (depending on several factors). If you have a gaming or tech Company with IP(s) tied to it then you seriously need to consider Cyprus as a jurisdiction for your headquarters for reasons explained below.

Until then, we advise you to stay away from all types of online gambling except sports betting, which is legally allowed. Unibet is an online gambling company that was founded in 1997 and has become one of the largest and most popular online gambling operators in the world. Unibet offers a wide range of products, including sports betting, casino games, live casino, bingo, and poker. To begin with, a player must know which games are legal, according to Cypriot legislation. Online casinos, betting exchanges, spread bets, dog races are also illegal, as is betting in premises or on websites that have not been licensed by the National Betting Authority. In 2012, Cyprus introduced the Betting Law of 2012 (as amended in 2019) which regulates all betting activities in Cyprus.

• ● Dice were central to ancient Cypriot betting, made from bones or ivory.
• The Betting Act 2012 demonstrated no concessions towards the gambling industry and forbade all forms of online gambling with the exception of sports betting.
• The process is relatively easy and we can assist through all stages of the process.
• We are looking for a Business Development Manager in the payments industry.

Our law firm can assist with the incorporation, legal support and regulatory licensing of online sports betting operators in Cyprus. Within 10 minutes from Sun Valley you will find two big casino online casino cyprus hotels offering casinos with a wide range of games including roulette, blackjack, baccarat, and slot machines, basically everything one needs for a great gambling experience. Ayia Napa, on the other hand, is a resort town located on the southeast coast of Cyprus. It is known for its vibrant nightlife, stunning beaches, and party atmosphere.

Slots, card games, roulettes, all kinds of slots, video poker and much more. The company provides new players with numerous bonuses and cashbacks, and also provides an affiliate program to those who may be interested in it. Since online gambling, in general, is forbidden, you better not try to play for real money at an online casino in Cyprus. As such, there are neither recommended nor legally accepted payment methods.