Lotteries and horse racing are regulated directly by the Ministry of Finance. Land-based casino gaming is currently a monopoly, with the licensed consortium enjoying a 15-years exclusivity period. The gambling industry of Cyprus is subject to a very fragmented legislation, with various forms of gaming regulated by different authorities and laws.Ĭasino gaming is regulated by the 2015 Casino Law and is subject to the authority of the National Gaming and Casino Supervision Commission. Curious to hear more about online gambling in Cyprus? Keep reading. The focus is firmly on betting, so operators can concentrate on a single well-regulated vertical to build their brand - perhaps using it as a springboard to enter the larger Greek market.
With just over 1.2 million inhabitants, Cyprus has a small population but a quickly growing and very unique online gambling market. Learn more about the possibilities this online gambling market offers in this article.
A small but dynamic market, Cyprus has shown signs of real promises over the last few years.
