Cypriot betting sites are making a comeback due to recent changes in the law. Cyprus once served as an online gambling hub that licensed international betting sites, but did away with all that with anti-gambling legislation passed in 2012. The country stopped issuing licenses for a period, but that has changed since the passage of new laws that came into effect in 2016.
Cyprus Online Casino FAQs. Is online gambling legal in Cyprus? Only sportsbetting is allowed, and only if you bet at an online sportsbook with a Class B (online) license from the NBA. Punishment can be severe with up to a year in jail/prison and a 50,000 fine or both. Who regulates gambling in Cyprus? Parliament of the country passed the Betting Law in 2012, providing legislative framework for issuance of a Cyprus gaming license. Cyprus lawmakers opted to leave online casinos and poker rooms illegal on the island leaving online sportsbook the only regulated type of iGaming.
During a one-month period in late 2016, Cyprus held a licensing period during which international betting sites were able to apply for licenses. The National Betting Authority ultimately awarded only a few licenses to date. Most international betting sites have not yet applied for a license in Cyprus.
Best Cyprus Betting Sites
There remain laws on the books that could in theory put people behind bars for placing bets with unlicensed bookmakers. The good news is these laws appear unenforceable as can be evidenced by Cypriots visiting unregulated online casinos for years without any legal trouble. The risk isn’t zero, but it’s pretty close.
In any case, that should no longer be an issue once Cyprus finalizes its licensing system. Some betting websites are actually authorized to accept wagers as of today. The Cyprus betting sites that we recommend above have all been granted to accept real money wagers and can be considered fully legal.
Where to Bet Online in Cyprus
If you’re tired of Greek-controlled OPAP and its paltry selection of lottery-style games, you’re going to have to take your business to offshore gaming sites. The sites recommended above are all licensed by Cypriot authorities and can be considered safe places to play.
Greek and Turkish aren’t particularly catered-to in online gambling due to the restrictive gaming laws in both of those countries. Even so, some sites do offer their services in both languages, with Greek being slightly more common.
The biggest challenge you’ll face is getting around government internet censorship. A blacklist of more than 2,500 websites is blocked by local internet service providers. If you are intent on playing at an unlicensed provider, the best way to get around the block is to purchase a VPN subscription. Basically, a VPN creates an encrypted connection between you and each website you visit, thereby preventing prying eyes from watching what you’re doing and evading censorship measures.
Is it Legal to Bet Online in Cyprus?
Cyprus does allow online betting, but only with licensed providers. It is unclear if the law targets individual gamblers, but the law does clearly state that it is illegal for companies to accept wagers from the public without the proper license.
The laws of Cyprus could possibly be applied to individual gamblers, but this has never happened. You’ll find the occasional news story of Cyprus authorities raiding underground gambling dens and breaking up poker games, but there are no stories of individuals being busted for gambling.
Even in cases where authorities break up unlicensed betting shops, they go after the operators and not the customers. It would be a stretch to imagine the authorities actively monitoring the internet to bust people for betting at offshore gambling sites.
Gambling Laws in Cyprus
To make sense of the gambling laws in Cyprus, we must first talk about the political situation there. The island is essentially divided into two different nations. One of these is the southern, Greek-controlled side of the island called the Republic of Cyprus. The Republic of Cyprus considers itself the legitimate government of the entire island. Every nation except Turkey recognizes the Republic of Cyprus as the rightful government of the whole island.
The northern side of the island is controlled by Turkish people and the country of Turkey. This side of the island considers itself an independent nation called the Turkish Republic of Northern Cyprus. Turkey is the only outside nation that recognizes this as a legitimate, sovereign nation.
The gaming laws that I describe here are put forth by the Republic of Cyprus (the south side). They apply to the entire island on paper, but in practice really only apply to the south side of the island. The northern side of the island marches to the beat of a different drum.
Nowhere is this situation more clearly depicted than in the brick-and-mortar gambling industry. The Republic has a longstanding ban on gambling and does not allow the operation of physical casinos. This is supposed to apply to the entire island but again, that’s just on paper. The northern side has at least 20 casinos.
The brick-and-mortar casino industry in the north has been doing well for itself. Southerners head north all the time to gamble in addition to tourists from Turkey and Europe. The south is discussing legislation to open its own competing casinos. A legal framework was discussed in 2014 with the hopes of establishing the first southern casino in Cyprus some time in 2015.
Betting Law of 2012
Online gambling in Cyprus is regulated by the Betting Law of 2012. Before the Law was passed, online gambling was widespread in the nation. Cyprus served as a popular licensing jurisdiction for years. Some of the biggest betting websites that we still know today were licensed in Cyprus at one point.
That all came to an end in 2012 with the passage of the Betting Law. The Law immediately banned all forms of internet gambling except for fixed-odds sports betting and the national lottery operated by OPAP. OPAP was the monopoly provider in Greece and now enjoys similar status in Cyprus. Updates to the law in 2016 finally opened the market to competition from foreign betting websites.
C2 Casino Cyprus
Online bookmakers are allowed to offer their services in Cyprus as long as they obtain a license and authorization to do so. Licensed sports betting sites must operate on a .com.cy domain and are subject to a variety of taxes and regulations. The expense and difficulty in getting a license combined with the relatively small population has led most sites to not get a license.
Some betting sites opted to block all customers from Cyprus in order to comply with the nation’s laws. Other sites continue to accept customers from Cyprus despite not having a license. The Betting Act promises punishments of up to 5 years in prison and a €300,000 fine for anyone offering bookmaking services without a license, but it has no ability to enforce such punishments for gambling sites based overseas in other nations.
The Betting Law also includes punishments for people who place bets with unlicensed Cypriot betting websites. Anyone found placing bets “contrary to any of the provisions of present law” may be imprisoned for up to a year and fined up to €50,000. Fortunately, it appears this law is completely unenforced.
To top it all off, Cyprus also implements web censorship to block access to offshore gaming sites. At last word, the government had a blacklist of more than 2,500 websites that ISPs are required to block. ISPs that don’t comply face fines of €30,000 per offense.
News In Cyprus Today
In summary, online casinos and poker sites are illegal, online sports betting requires a costly license and few companies are willing to obtain that license. Cyprus will need to update its laws if it wants to compete with the rest of the European Union for gambling euros. And right now, Cyprus needs every euro it can get.
2016 Update: Licensing Betting Sites in Cyprus
Whereas the 2012 law was a terrible thing for betting online in Cyprus, updates to the law in 2016 paint a much more optimistic picture. The National Betting Authority began issuing provisional licenses in anticipation of fully implementing new online gaming laws. Most recently, the National Betting Authority held a one-month licensing window running from 3 October to 3 November 2016 during which operators could apply for licenses.
Any betting sites that failed to apply for a license during that time had their names added to the ISP blocking blacklist. At last count, the list prevented citizens from accessing more than 2,500 unlicensed gambling websites. Eight operators applied and have been granted provisional licenses:
- Betfair.com
- Betonalfaonline.com
- Meridianbet.com
- Winmasters.com
- Sportingbet.com
- Stoiximan.gr
- Ubet.eu
![Online Casino In Cyprus Legal Online Casino In Cyprus Legal](https://ejwagner-crimehistorian.com/wp-content/uploads/2017/07/gambling-law-2.png)
The current licensing conditions require prospective licensees to have paid up share capital of at least €500,000 and pay a licensing fee of €30,000 for one year or €45,000 for two years. Furthermore, licensed operators pay a combined total of 13% in taxes. It’s a bit of an expensive proposition for a country with a fairly small population, but eight operators have so far deemed it to be worthwhile.
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After the licensing period ended, the National Betting Authority announced that it would be adding 2,500 unlicensed gambling operators to the internet blacklist. Most of the named sites are involved in casino gambling, which is expressly illegal under Cypriot gaming laws. The list now contains a mixture of unlicensed sports betting sites, online casinos and poker sites.
The island state of Cyprus situated in the south-east of the Mediterranean has been of cultural significance since the dawn of classical history. The name is Mycenaean Greek in origin dating from the 15th century BCE although archeological evidence points to a far more ancient hunter gatherer society dating back to 10 000BCE. Greek mythology puts the island as the birthplace of Aphrodite and Adonis. The island of love and fertility. It has also been a strategic stop off to the Middle East and has seen its fair share of conflict through the ages. Now a divided country between Turkish North and Greek South Cyprus is peaceful but still has issues simmering. Tourism has long been a major money earner for Cyprus both North and South. The strange thing is though if you a gambler looking for some casino action the Turkish North is where the casinos are. Doesn’t make a lot of sense to an outsider gambling is forbidden in Turkey and legal in Greece.
Another In Trouble With The Court Of Justice European Union
Cypriot gambling laws are not compatible with the idea of free trade according to the CJEU. OPAP the Greek company still has a monopoly and is allowed to operate random number games when it is prohibited for anyone else. It is OK to bet online on sports but not horse racing or casino games according to the 2012 Betting Law. A new law in 2015 allows one full on casino with all the usual table games and smaller slots halls one in each district. As of yet the main resort casino is not open. Travel north and you will find casinos all over the place. The Cypriot authorities do enforce the law with many raids having taken place and players arrested and computers confiscated. Although these did take place in public places as opposed to individual homes. The whole issue is not clear at all and if it’s illegal to gamble online why does the OPAP get a walk. Now the brick and mortar casino has the go ahead does that mean it will be OK to gamble online? Nobody knows.
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Doesn’t Stop The Cypriots
Greek Cypriots travel north to gamble in the brick and mortar venues and also stay at home and gamble on the multitude of online casinos available regardless of legislation. The legality notwithstanding the ease of access to offshore sites is such that millions of Euros are gambled online every year. The best online casino Cyprus can access has to have a Greek language platform. There are not so many that offer that unfortunately but English is widely spoken on the island so it widens the options. If you are new to the scene and would like to play casino games online then there are some things that need to be taken into account. To be sure you are playing with a reputable brand there are some things to check first. The most obvious is whether a current license is held. The EU has some excellent regulatory bodies within its borders. Malta, Gibraltar and the Isle of Man are the most common with the Channel Islands featuring heavily as well. The UK Gambling Commission is held to be the strongest of all, but only deals with UK residents. Many brands have more than one license so a combination of these is not uncommon. There are also the Caribbean licenses these are usually just business licenses and on their own mean nothing toward regulation. The best Cypriot online casino will probably be the best in the UK as well all of the top brands have UK facing platforms and as such fall under strict regulation.
Keep Your Money Safe
The first line of defense for your money when gambling online is making sure all pages of the site you visit are secure. The address bar padlock icon and the prefix https must be there. This signifies that SSL Encryption is in place. Independent online security firms are engaged by the big name brands to verify and test their protocols. A logo will be on the footer of the site of companies like Thwate and VeriSign. These are easily checkable online as are the legitimacy of licenses. The European Union has some of the safest online banking methods there are so your details should be safe. If you have any concerns then use one of the many third party electronic payment methods. It may sound obvious but keep your account details to yourself. If you are trying an online casino for the first time deposit a small amount first and get feel for how the money moves about. Withdrawal times vary a lot from one casino to another.
Keep In The Know
Player forums have had an important impact on the online casino industry. Unlike other genre these forums have teeth. There is a close connection between the playing public and online casinos through the forums. A bad casino is very quickly spotted and with the speed of the internet a few threads can very quickly spread. Forums have helped bring about the shutdown of more than one rogue operation. A wise person keeps an eye on the forums even the best slip up it is good to know when then do and how they recover.
The Rest Is Personal Choice
![Online casino in cyprus legal forms Online casino in cyprus legal forms](https://nj1015.com/files/2012/01/onlinegambling.jpg)
The longer an online casino has been in business the safer the option is. Quite often though the oldest brands can be a little well old. It will all come down to how games play and the way you are treated by a particular online casino. Ask a few revealing questions of the customer service team. How they answer might be the only difference between two choices. You will come up with a list of many to choose from the industry is still growing. Whoever you finally settle on good luck and enjoy.