Introduction
The global iGaming industry is rapidly expanding, with operators seeking reputable and cost-effective jurisdictions to legally operate online betting and gambling platforms. Among the top choices in 2025 is Cyprus, a European Union member that offers a structured, regulated environment for online sports betting businesses.
Why Choose Cyprus for a Gambling License?
Cyprus has become a strategic choice for operators wanting to tap into the European online betting market. Here’s why:
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 one of the lowest corporate tax rates in the EU (12.5%). This makes it attractive for foreign betting companies looking to maximize operational profitability.
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 2025
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: If your business model includes casino or slot games, the Cyprus gambling license is not suitable. Consider alternative jurisdictions like Malta (MGA) or Curacao.
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.
Receive expert guidance at every stage of your gaming license journey from documentation to approval. Our legal and compliance specialists make the process seamless across top jurisdictions. Need assistance? Talk to our team
Costs and Fees Associated with Cyprus Gambling License in 2025
| 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 5AMLD and 6AMLD directives
Conduct enhanced due diligence (EDD) for high-risk players
Monitor transactions and report suspicious activity
Responsible Gambling Rules
Self-exclusion tools
Deposit, time, and loss limits
Age verification and no marketing to minors
Monthly and Annual Reporting
Submit player reports and revenue breakdowns
File tax and operational performance data
Submit independent audit reports annually
Server and Data Hosting
All servers must be located within Cyprus
Real-time monitoring and disaster recovery infrastructure are mandatory
Failure to meet these obligations may lead to license suspension or penalties.
Post-Licensing Obligations
Even after receiving your Cyprus betting license, you must:
Maintain your local presence
Keep technical infrastructure up to date
Submit reports to the NBA as required
Renew your license before expiry (1 or 2 years)
You must also update AML, KYC, and responsible gaming policies regularly to align with new EU regulations.
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 you plan to offer casino games, poker, or slots, consider these alternatives:
| Jurisdiction | Covers Casino? | Cost Range | Ideal For |
|---|---|---|---|
| Malta (MGA) | ✅ Yes | €35K–€50K | EU iGaming ops |
| Curacao | ✅ Yes | $20K–$30K | Fast global launch |
| Isle of Man | ✅ Yes | £45K–£60K | High-compliance brands |
| Kahnawake | ✅ Yes | $40K | North America |
Conclusion
If you’re focused on sports betting and want a license that is EU-compliant, moderately priced, and backed by a credible authority, the Cyprus gambling license in 2025 is a strong choice.
It’s not for everyone operators focused on casino games or looking for minimal compliance may prefer jurisdictions like Curacao. However, for companies serious about legal operation and long-term sustainability, Cyprus offers an excellent platform.
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 licensing process typically takes 3 to 6 months, depending on the accuracy of your documents and the responsiveness of the Cyprus National Betting Authority (NBA).
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.
