Cypriote Online Gaming
The new draft law grants to a gambling services provider the exclusive right to provide gambling services, with tax to be collected as a percentage of gross profits.
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.
Online Gaming Properties Operating in Cyprus
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