Gambling Restrictions and Licensing in Cyprus

Gambling Restrictions in Cyprus

In Cyprus, gambling is regulated under the Law on the Regulation of Betting and the Law on the Establishment and Operation of Casinos. These laws allow for various forms of gambling, including online betting, land-based casinos, and lottery games. However, online casinos can only operate if they hold a license from the National Betting Authority (NBA).

The NBA oversees all gambling activities in Cyprus. This authority ensures compliance with regulations designed to protect consumers and promote responsible gaming. Although some international online casinos may be available, players should prioritize licensed local options to ensure safety and legality.

Cyprus Federal Licensing and Regulation

Law on the Regulation of Betting

This law governs online betting and sports betting activities. Moreover, it requires all operators to obtain a license from the National Betting Authority. Consequently, the focus is on consumer protection and responsible gambling practices.

Law on the Establishment and Operation of Casinos

This law regulates land-based casinos and imposes strict licensing requirements. Furthermore, it allows for the establishment of integrated casino resorts in specific areas.

State and Local Licensing and Regulation in Cyprus

The National Betting Authority is responsible for regulating all gambling activities in Cyprus. Here are some key points:

Online Gambling in Cyprus

The National Betting Authority (NBA) issues licenses for online sports betting and other forms of remote gambling. Importantly, the NBA ensures that operators adhere to strict regulations for fairness and security.

Land-Based Casinos

Licenses for land-based casinos are also issued by the NBA. These licenses come with specific conditions based on the type and location of the casino.

Additional Notes

Online Sports Betting

Online sports betting is legal and regulated, with operators required to obtain local licenses.

Land-Based Casinos in Cyprus

These casinos are subject to strict regulations and requirements, including limits on the number of licenses issued.

Understanding the gambling regulations in Cyprus is essential for both players and operators. Therefore, for up-to-date information, it is best to consult the National Betting Authority or relevant authorities.