EU-Regulated National
Cyprus licence.
NBA
Sports-betting operators with EU multi-market strategy.
What the regulator asks for
Year one cost
€100k+ Year 1
Class A retail or Class B online sports-betting licence. €30k-€45k annual fees. Online casino prohibited.
Timeline
4-6 months
NBA runs a clean process for sports licences.
Gaming tax
Sports betting tax structure under NBA framework. Online casino is expressly illegal.
Marketing climate
Moderate.
The market
Cyprus regulates sports betting only. Online casino remains expressly prohibited under the National Betting Law.
How the application runs
NBA application via Cypriot entity. Technical certification.
Ongoing compliance
AML under Cypriot framework. Self-exclusion register.
What you can and cannot say
Moderate restrictions on sports-betting advertising.
The honest read
What it means for your plan
Sports-only EU licence. Useful as an additional market in a sports-led portfolio. Not relevant to casino operators.
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