Cyprus Gambling License
A Cyprus Gambling License allows companies to legally operate online betting platforms under a regulated EU framework.
Licensing is managed by the National Betting Authority (NBA), which enforces:
- AML/KYC compliance
- player protection
- fair gaming standards
- financial transparency
Cyprus is considered a mid-tier European jurisdiction suitable primarily for sports betting operators, not full-scale online casinos.
What Activities Are Allowed Under Cyprus Gambling License
Licensed Activities
- Online sports betting
- Live betting platforms
- Land-based betting shops
Restricted Activities
- Online casino (slots, roulette) — not permitted
- RNG-based games — not allowed
- Poker platforms — restricted
Important:
Cyprus is a betting-focused jurisdiction, not a full gambling license like Malta.
Types of Cyprus Gambling Licenses
Class A License
- Land-based betting operations
- Physical betting shops
Class B License
- Online sports betting
- Remote player onboarding
There is no online casino license in Cyprus, which is critical for choosing the right jurisdiction.
How to Get a Cyprus Gambling License
Company incorporation in Cyprus
Business model definition
Preparation of AML/KYC policies
Technical platform setup
Application submission to NBA
Regulator review and due diligence
License approval
Cyprus Gambling License Cost 2026
| Service Component | Details | Included / Price |
|---|---|---|
| Company Formation | Company setup in Cyprus | – |
| Compliance Setup | AML/KYC systems and compliance framework | – |
| Legal & Advisory | Legal support, documentation, regulatory guidance | – |
| License Fees | Government fees depending on license class | Varies |
| Operational Setup | Team, infrastructure, technical setup | Depends on structure |
| Total Estimated Cost | Full Cyprus gambling license setup (2026) | From €50,000 |
| Timeline | Regulatory approval and licensing process | 3–6 months |
Start Your Cyprus Gambling Company Today
Cyprus Gambling License Requirements (2026)
To obtain a Cyprus betting license, companies must meet the following:
Corporate & Legal
- Cyprus-registered company
- Full UBO disclosure
- Transparent ownership structure
Local Substance
- Physical office in Cyprus
- Local director or responsible officer
- Operational presence
Compliance & AML
- Full AML/KYC framework
- Risk management system
- Transaction monitoring
Key Roles
- Compliance Officer
- AML Officer
- Responsible Gaming Officer
The regulator evaluates:
- business model
- risk profile
- financial transparency
Documents Required for Cyprus Gambling License
Typical documents include:
passports of shareholders
proof of funds
business plan
AML/KYC policies
internal control procedures
technical platform description
Taxes for Gambling Companies in Cyprus
- Corporate tax: 12.5%
- Betting-related taxes may apply
- Additional regulatory fees possible
Companies must maintain:
- financial records
- player transaction data
- audit reports
Geographical Restrictions
Cyprus-licensed operators must:
- comply with EU gambling regulations
- restrict access to prohibited jurisdictions
- implement geo-blocking where required
Cross-border operations are allowed only within regulated markets.
Ongoing Compliance Obligations
After obtaining a license, operators must:
- submit regular reports to NBA
- maintain AML monitoring systems
- conduct internal audits
- update compliance procedures
Failure may lead to:
- fines
- suspension
- license revocation
Is Cyprus a Good Gambling Jurisdiction
Cyprus is a good choice if you:
- operate a sports betting business
- target EU-regulated markets
- need a reputable license
Not suitable if you:
- want an online casino license
- need low-cost offshore setup
- prefer minimal compliance
Cyprus vs Other Gambling Licenses
Jurisdiction | Casino | Betting | Cost | Complexity |
Cyprus | No | Yes | Medium | Medium |
Malta | Yes | Yes | High | High |
Curacao | Yes | Yes | Low | Low |
Frequently Asked Questions
Register a company in Cyprus and apply through the National Betting Authority with full compliance documentation.
The Cyprus gambling license cost ranges from 50,000 to 150,000+ EUR depending on setup.
No, Cyprus does not issue online casino licenses.
Class A is for land-based betting, Class B is for online betting.
Yes, for regulated sports betting operations within the EU.
Yes, subject to full transparency and compliance requirements.
Yes, physical presence is mandatory.
Yes, but only in regulated markets and with proper compliance.
Possible, but subject to strict AML and regulatory approval.
Get Your Cyprus Gambling License with Full Legal Support
Obtaining a gambling license in Cyprus requires proper structuring, AML readiness, and regulatory compliance.
Licensium provides full support: company setup, compliance framework, NBA registration, and ongoing advisory.
Start your Cyprus gambling licensing process confidently.
Contact Licensium to schedule a preliminary assessment and receive a clear regulatory roadmap.