Introduction
Cyprus offers a regulated framework for sports and horse-race betting operators that want an EU-aligned licensing environment. Any company planning to enter this market must first understand the available license classes, local company requirements, technical obligations, and the ongoing compliance burden tied to legal operation.
This guide explains how to get a Cyprus gambling license by outlining the role of the National Betting Authority, the two available license classes, the application process, the main costs, and the compliance obligations that apply after approval.
Why Choose Cyprus for a Gambling License?
Cyprus is most relevant for operators who want an EU-based license for regulated betting activity and are comfortable with local-company, hosting, and compliance requirements.
1. EU Jurisdiction with International Recognition
Being an EU member, Cyprus offers:
Legal recognition across all European jurisdictions
Access to international banking
Compliance aligned with EU Directives such as 5AMLD/6AMLD
2. Favorable Corporate Tax Environment
Cyprus offers a comparatively favorable corporate tax environment within the EU, which can be attractive for properly structured betting operations.
3. Reputable Regulatory Framework
The Cyprus National Betting Authority (NBA) strictly regulates the market, ensuring operators meet player protection, AML, and technical standards.
4. Infrastructure and Talent
With a well-developed tech ecosystem, Cyprus offers access to legal advisors, compliance consultants, hosting services, and developers familiar with gambling regulations.
Understanding the Cyprus National Betting Authority (NBA)
The Cyprus National Betting Authority (NBA) is the exclusive body authorized to regulate, license, and oversee all betting activities in Cyprus. Established under The Betting Law of 2019, the NBA’s core objectives include:
Issuing Class A and Class B gambling licenses
Monitoring AML/KYC compliance
Enforcing responsible gambling practices
Conducting regular audits and technical evaluations
Ensuring secure player fund management
The NBA is recognized for its transparent licensing process and English-friendly documentation, which simplifies entry for global operators.
Types of Cyprus Gambling Licenses in
There are two types of Cyprus gambling licenses available in 2025:
Class A License – Land-Based Betting
Authorizes physical betting shops within Cyprus
Covers fixed-odds sports and horse race betting
Does not allow online betting
Class B License – Online Betting License
Covers online sports betting and race betting
Ideal for international operators offering services to Cypriot and foreign players
Does not include online casino games, slots, poker, or bingo
Note: Cyprus licensing here is designed for betting activities, not for online casino products. If your business model depends on slots, casino games, poker, or bingo, this jurisdiction is not the right fit for that product mix.
Step-by-Step Process to Apply for a Cyprus Gambling License
Step 1: Choose the Right License
Determine whether your operation requires a Class A or Class B license. Most global online operators will apply for a Class B Cyprus betting license.
Step 2: Register a Cyprus-Based Company
You must establish a Cypriot legal entity
The company should have:
A registered office in Cyprus
At least one local representative
A bank account in Cyprus
Step 3: Prepare Required Documents
Applicants must submit a comprehensive portfolio including:
Proof of company incorporation
ID and clean criminal records for directors/shareholders
AML and KYC procedures
Business plan with operational scope
Player fund protection policies
Platform hosting details (must be hosted in Cyprus)
Technical system certifications (ISO, RNG if applicable)
Step 4: Submit the Application to the NBA
Applications can be submitted online through the NBA portal or via an authorized legal representative.
Application fees:
€30,000 for 1-year license
€45,000 for 2-year license
Step 5: Preliminary Review & Deposit
NBA will review your application within 3–6 months.
Upon preliminary approval, you must provide a €550,000 security deposit to ensure secure player fund management.
Step 6: Receive Your Cyprus Gambling License
Once approved, you’ll receive your license and can legally operate online betting services under Cypriot law.
Costs and Fees Associated with Cyprus Gambling License
| Item | Estimated Cost (EUR) |
|---|---|
| Class B Application Fee | €30,000–€45,000 |
| Security Deposit | €550,000 |
| Legal & Consultation | €5,000–€15,000 |
| Company Incorporation | €2,000–€4,000 |
| Technical Compliance Testing | €3,000–€6,000 |
| Annual Renewal & Audit | €3,000–€5,000 |
Cyprus Gambling Taxes
10% tax on net revenue
Additional 3% contribution to the Responsible Gambling Fund and Cyprus Sports Fund
Compliance and Reporting Obligations
Holding a Cyprus online gambling license means you must comply with strict EU-aligned regulations.
AML and KYC Requirements
Follow applicable AML directives and local anti-financial-crime rules.
Apply enhanced due diligence for higher-risk players where required.
Monitor transactions and report suspicious activity.
Also read: KYC compliance in gambling apps
Responsible Gambling Rules
Provide self-exclusion tools.
Support deposit, time, and loss limits where required.
Maintain age verification and avoid marketing to minors.
Reporting and Audits
Submit player and revenue reports as required.
File tax and operational performance data.
Submit independent audit reports on schedule.
Server and Data Hosting
Maintain hosting and player-data infrastructure in Cyprus as required by the current framework.
Keep real-time monitoring and disaster-recovery controls in place.
Also read: data security controls for gambling platforms.
Failure to maintain these obligations can lead to penalties, suspension, or loss of approval.
Post-Licensing Obligations
Post-licensing obligations in Cyprus are ongoing and should be treated as part of day-to-day operations.
Maintain your required local presence and legal structure.
Keep technical systems current and compliant. Submit regulator reports on time.
Renew the license before expiry. Update AML, KYC, and responsible-gambling controls as rules evolve.
Pros and Cons of a Cyprus Gambling License
Advantages
EU-recognized regulatory framework
Moderate licensing costs
Access to banking and fintech infrastructure
Transparent process with English documentation
Great for sportsbook and online betting
Disadvantages
Does not cover casino games or slots
High initial security deposit
Local hosting infrastructure is mandatory
Alternative Gambling Jurisdictions
If your business requires online casino products, Cyprus will not be the right fit. In that case, operators typically evaluate alternative jurisdictions with broader product coverage.
| Jurisdiction | Covers Casino? | Typical Cost Range | Common Fit |
|---|---|---|---|
| Malta (MGA) | ✅ Yes | €35K–€50K | Higher-compliance EU iGaming operations< |
| Curacao | ✅ Yes | $20K–$30K | Faster lower-cost offshore launches |
| Isle of Man | ✅ Yes | £45K–£60K | High-trust regulated gaming brands |
| Kahnawake | ✅ Yes | $40K | North America-focused operators |
Conclusion
Cyprus is a strong choice for operators focused on sports betting who want an EU-aligned regulatory environment, clear licensing classes, and a reputable betting framework.
It is not the right fit for casino-first operators. The most important decision is matching your exact product type to the jurisdiction before you invest in company setup, technical hosting, and licensing costs.
FAQ's
Can international companies apply for a Cyprus gambling license?
Yes, international operators can apply, but they must first register a local Cypriot company, appoint a legal representative, and meet all compliance requirements outlined by the Cyprus National Betting Authority.
What types of gambling are allowed under the Cyprus license?
The Cyprus license permits sports and horse race betting only. Online casino games, slots, poker, and live dealer games are strictly prohibited under both Class A and Class B licenses.
How long does it take to get a Cyprus betting license?
The process often takes several months, depending on document quality, regulator review speed, and how quickly the National Betting Authority receives complete supporting information.
Is a security deposit mandatory for the Cyprus gambling license?
Yes, a €550,000 security deposit is required for Class B licenses. This ensures player fund protection and compliance with NBA regulations.
Do I need to host my servers in Cyprus?
Yes, all technical infrastructure, including servers and player data systems, must be physically hosted in Cyprus to comply with local and EU data regulations.
Can I renew my Cyprus gambling license?
Absolutely. Licenses are valid for 1 or 2 years and are renewable upon submission of updated audits, compliance records, and payment of the applicable renewal fees.
