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CyprusIn January 2018, Cyprus resubmitted its proposed new regulatory framework for gambling after the European Commission and Malta opposed its original draft. The EU member state’s Betting Law of 2017 was submitted to the EC in June 2017, and contained two amended pieces of legislation aimed at remedying several earlier infringements with the 2012 law identified by the EC, in particular the perceived unequal treatment of OPAP and other gambling operators. The final Betting Law of 2019 instead created an open licensing system for betting, with Class B (online) licenses available to private operators who meet strict localisation, AML and technical standards, but it kept the long-standing ban on online casino and peer-to-peer games. In 2012, Cyprus banned all forms of online gaming except for fixed-odds sports betting and lottery sales. Betting exchanges are prohibited as well. To offer sports betting in Cyprus, a Cyprus online gaming license is required. In addition to prohibiting online gaming, Cyprus has created an online gaming site blacklist. ISPs in Cyprus are required to block access to all the sites on that list. So far, more than 270 sites have been placed on the blacklist. There are 45 Cyprus sites. edit your preferences Cyprus
Address
Cyprus Ministry of Finance Michael Karaoli and Gregori Afxentiou Nicosia, Lefkosia Cyprus 1439 Website General Information +357 226 027 23 View All Gaming Jurisdictions Cyprus Jurisdiction News
NEXT.io unveils Elite Retreat concept with Cancún and Cyprus in Q4 2024
Each Elite Retreat event will host a curated group of just 100 delegates, comprising 50 local iGaming operators and 50 esteemed industry partners. Spinomenal steps into Greek market with Stoiximan This will increase the iGaming content provider's footprint as Stoiximan is operated by Kaizen Gaming, which is an international GameTech company. Gaming Laboratories International receives accreditation by the Republic of Cyprus This prestigious honor further expands GLI’s already robust presence across Europe as the region’s premier testing and certification laboratory. Income Access to exhibit at iFX EXPO International Conference The marketing technology company will showcase product offering and present affiliate marketing workshop at global financial trading B2B event in Cyprus. PokerStars crowns three jackpot winners One lucky player from Lithuania collected almost $1 million on his favorite slot machine, while two players from the Netherlands and the U.K. won over $70,000 and over $53,000 respectively. Cyprus Government Lottery awards one-year extension to exclusive instant ticket contract with Pollard Banknote Under the contract extension Pollard Banknote remains the Lottery's exclusive supplier of instant scratch tickets and related services. Betfair hit by Cyprus restrictions Cyprus move to restrict online gambling bashes Betfair shares 4.5%. Cyprus: End neigh for online gambling Cyprus has an online gambling ban in the works, needing only the nod of approval from the European Commission. Cyprus to end online gambling Cyprus to ban online gaming, regulate online betting on sports and introduce a gambling board. Cyprus and Monaco adventures: Part 1 So here we go again...I am back from Cyprus and Monaco, and what a wild ride it was. This week I will provide you with the usual online gaming conference aftermath and juicy tidbits of information for your reading pleasure. Next week I will review my experiences in Monaco with the Redbet.com team, Timo and Aleksi the ice throwing Fins, crazy Karim and Achmet.
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