Best Online Casino Cyprus
Best Cyprus online Casinos. Tweet If you want to play in the best online casinos for Cyprus from the comfort of your own home, then you’ve come to the right place. All of our online casinos are licensed and have multiple award-winning online. Once the information is checked well, the Cyprus Lotteries and Gaming Authorities approve a license to the casino, online, or offline. Then, the gaming sites need to pay an annual fee of 7000 Euros and the taxes applicable to the profit. Gambling Licenses in Cyprus. ZenBetting Casino. ZenBetting Casino is an online casino home to a catalogue of video slots, table games and poker games. Players can also enjoy the thrill of a live. 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.
The topic of online gambling in Cyprus is complex thanks to laws that are currently in flux, haphazard enforcement of the laws that are on the books and due to the fact that there are two competing governments on one island. We’ll cover all the legal details later, but first let’s begin with a look at the best casino sites in Cyprus right now.
Cyprus itself no longer regulates online gambling to any degree, but some casino sites hosted and regulated in other nations do accept Cypriot players. The end result is you can play at sites that have deemed safe by other regulatory bodies even if the Cypriot government offers no guarantees of its own.
However, the list of online casinos that accept players from Cyprus has grown shorter in recent times due to new legislation introduced in late 2016 legalizing online sports betting. The Greek half of Cyprus began licensing sports betting sites in November of 2016 and then expanded its internet-blocking blacklist to cover virtually every other known gambling site that does not have a license.
Many of the bigger online casinos have opted to play nicely and stop accepting customers from Cyprus. Others have already received provisional sports betting licenses and no longer offer casino games to Cypriot customers as a part of their licensing agreements. For example, people can still visit sites to bet on sports in Cyprus, but have no access to the online casino.
As of this writing, the legal situation regarding online casinos in Cyprus remains fluid. More changes to the law are expected, but we still do not know what the final legal environment will look like once the government finalizes its gaming laws.
Legal Online Gambling in Cyprus
Online gambling is outlawed across all of Cyprus, although enforcement of the law has so far proven toothless. Both the Greek and the Turkish sides of the island supposedly prohibit online casinos, but lawmakers in both areas have their hands full dealing with other matters. As a result, most people living in Cyprus have access to a wide range of gambling websites.
Keep in mind that Cyprus is effectively divided into two different nations that reject claims made by the other. The Republic of Cyprus lays claim to the entire island but in actuality only controls the southern half of the island. However, Turkey backs a government that has control over the northern half that calls itself the Turkish Republic of Northern Cyprus.
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The political situation is a bit confusing, but the laws for each half of the island are fairly straightforward. We will describe the legal situation of online gambling in each area, beginning with the southern half of the island.
The Republic of Cyprus in the south lays claim to the entire island even though the government really only controls about 60% of the island. The international community (except Turkey) recognizes the Republic of Cyprus, which is also a member of the EU. The EU membership is important to note because EU treaties require the free flow of goods and services between member states.
Laws passed in 2012 prohibit all online gambling except for sports betting as offered by OPAP, which is the state-backed monopoly lottery provider. Online casino sites have railed against the law for years on the basis that it prevents competition as required by those afore-mentioned EU treaties. Cyprus refused to comply for years, and operators headquartered in other countries have subsequently ignored local laws by continuing to accept Cypriot customers.
That whole debate may soon be put to rest. As of 2016, the Cypriot government is moving forward with plans to open the online sports betting market to international competition. The latest news has it that Cyprus will begin accepting license applications from online sports betting sites in October.
This new law has also paved the way for one brick-and-mortar casino license to be issued after a bidding process. The winner of the bid will be granted a 30-year license with a 15-year guarantee of “exclusive” operation. This casino will operate 24 hours a day, pay 15% in taxes and be limited to people aged 21 or older.
The northern, Turkish controlled half of the island is a self-declared nation that is only recognized by Turkey. The northern half has had a thriving brick-and-mortar since 1977. In fact, a large portion of the country’s financial reserves come as a result of taxes paid by casinos. Tourists from around the world make the flight from Turkey to Cyprus regularly and serve as a major boon to the economy.
The Turkish Republic of Northern Cyprus does not regulate online gambling as far as we can tell. We do know Turkey has harsh laws that forbid players from playing at unlicensed online casinos, but it remains unclear if Northern Cyprus implements similar laws. In either case, all the same betting sites that are listed at the top of this page also accept customers from the northern half of the island.
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.
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.
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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.
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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.
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:
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- Betfair.com
- Betonalfaonline.com
- Meridianbet.com
- Winmasters.com
- Sportingbet.com
- Stoiximan.gr
- Ubet.eu
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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.