Cyprus Casinos Online
A sun-kissed Cyprus is a paradise attracting thousands of tourists by its fabulous nature and an azure sea. But is the island this alluring for the passionate gamblers? In this article, we did our best to fully elucidate a concept of the online casino Cyprus, its history, regulations and the interesting facts. You will learn about Cypriot online casino law matters as well as plunge into a vast sea of information about online gambling Cyprus residents love so much, but not always have an opportunity to enjoy.
And what is the decent article without the Cyprus list of casino sites? You will be provided with the array of criteria for the selection of the best online casino Cyprus players are welcomed to as well as receive a unique chance to enjoy the most reputable websites for online casino Cyprus real money ever, made especially for your satisfaction by the best gambling experts!
Intrigued? Let’s learn about the phenomenon of the best online casino Cyprus together!
Best Online Casino accepting players from Cyprus
Online Casino Sites in Cyprus
All the land-based gambling entities, located in Cyprus, are legal and operate under the valid license. These gambling entities are extremely popular among Cypriots, especially in the Turkish part of the island, as there you can always meet the crowds of tourists, who, in addition to sunbathing and discos, would like to jangle their nerves wagering a considerable sum of money. The brick-and-mortar betting houses are well-regulated and flourish under a good control of the state powers, which is impossible to say about Cypriot casino online. Except for a sports betting all Cyprus online casinos are strictly forbidden on the territory of the island. However, the passionate Cypriots keep wagering on the overseas Cyprus friendly online casinos, even if it is illegal. The laws and regulations of the online casino in Cyprus are elucidated further in this article and now let’s proceed to our checklist of how to choose the best online casino for Cypriots, not to get into troubles and to enjoy a smooth and successful play.
The best casino online Cyprus should operate under the valid license, issued by a correspondent authorized world-recognized body. Only in this case, you can be sure CYP online casino is safe and cares about its clients. Usually, in order to get a license, a gambling company should meet a wide array of norms and standards, which are accurately checked. Moreover, the license is valid only for some period of time. Upon its expiry, it is to be extended by the repeated undergoing of all the verification procedures. That’s why properly licensed Cyprus accepted online casinos can be considered reputable and guarantees safe play.
Casino Gaming Options
Before starting wagering on any of the Cypriot casinos online, check the quality and the variety of games it offers. Cyprus casino games online of the world-known software providers like NetEnt, Microgaming, Evolution Gaming, Playtech always stand out due to their brightness, top-notch graphics, an exciting scenario as well as breathtaking sound and visual effects. The live casino option is obviously a must for casino operators who think of themselves as leaders in the industry. If the games of Cyprus casino online you have chosen meet all these criteria, you don’t have to worry you will be bored while playing the online casino games Cyprus accepted sites offer.
The best Cyprus casinos online always feature sleek and easy-no-navigate website, multilingual interface and customer support, which will help you on every stage of gaming. No matter what you are – a newcomer, who is making his first steps in wagering, or a professional, knowing all the gambling pitfalls, you should be helped in any of the situations you might face while using a definite gambling website. The customer support of the Cyprus best online casino is usually available in 24/7 mode and can be reached by phone, e-mail or live chat.
If to talk about the best paying online casino Cyprus, it is definitely the one, which offers a wide variety of payment methods, with the help of which you can wager and withdraw your money. The money operations while dealing with the top rated online casinos Cyprus can be performed via credit and debit cards, bank transfers, e-wallets like PayPal, Skrill, and Neteller, another local payments services. As a rule, this information is clearly displayed on the top Cypriot online casinos websites, indicating all the terms and conditions including the time period which is needed for each operation to be performed. Always double check the payment issues not to lose your hard-earned money.
If you are surfing the website for an hour already and can’t find the information about bonus policy, it is definitely not the best Cypriot casino online. Generally, bonus terms and conditions are indicated on the front page of the site and are described coherently for you do not get confused. You should clearly understand what you have to do to get awarded. Those internet casinos in Cyprus providing the controversial bonus information on the footer in small letters should be avoided.
Both old and new Cyprus online casinos should be fully responsive, which means that they should look gorgeous on any type of the existing screens no matter what you use: desktop, tablet or smartphone. No matter what exactly player prefers the most – classic flash casinos or high-tech mobile casinos heavily loaded with the latets features.
For you to enjoy the brilliant variety of games this magnificent island can offer, including, of course, online slots Cyprus, we prepared top 10 Cyprus online casinos, which will amaze you with their interface, gaming array and the intuitive structure of the websites. All of them feature a valid license, a decent set of payment methods and, what is the most important, Cypriot free slots, which can be played directly on our webpage. Top 10 online casinos Cyprus offer only the best examples of the websites and are our present for you as our devoted reader. They are: 888 Casino, Bet365 Casino, Dragonara, Betsafe Casino, 32Red Casino, Rich Casino, Lucky Casino, Free Spin, All Slots, Spin Palace Casino. So hurry up to play online casino Cyprus with SlotsUp!
Online Gambling Laws and Regulations in Cyprus
If you still can’t find the answer to the question is online gambling allowed in Cyprus, this section of the article is definitely for you. Let’s learn about the main Cypriot online gambling laws and take a closer look at the legal aspect of online gambling industry Cyprus in general in a form of the most frequently asked questions.
Is online gambling Cyprus legal?
When it comes to online casino Cyprus legal bodies forbid all forms of Cyprus online gambling, except for the online sports betting. This ban is effective in accordance with the online gambling law in Cyprus, passed in 2012.
What online gambling authority Cyprus possesses?
When we talk about CYP casino, no matter land-based or online one, the single authority, which issues regulations, is National Betting Authority (NBA). The authority, which will control the main gambling entity and several smaller ones, operating under the same license, is to open its doors in 2020.
What are the main online gambling laws Cyprus gambling entities should follow in their activity?
In terms of the online gambling Cyprus legislation owns several laws, regulating this phenomenon. These are Betting Act 2012, NBA Directives and Regulations, the Prevention of Counterfeiting and Money Laundering Activities Law of 2007, Gambling Act 2015 and others.
Does Cyprus authorities issue gambling licenses?
If to talk about online gambling license Cyprus has the one, issued according to Betting Act 2012, which can be awarded only to traditional betting houses, excluding horse racing (Class A) and to sports betting websites, again excluding horse racing (Class B). At the moment the online sports betting is the only activity for legitimate online casinos Cyprus players are allowed to be engaged at.
What is a gambling age in Cyprus?
When it comes to online gambling age Cyprus identifies it as at least 18 for the Internet sports betting as well as for gambling at the brick-and-mortar gambling houses.
What is the current legal state of Cypriot online casinos
In late 2016 NBA started to accept applications for the first gambling online Cyprus licenses to be issued. However, exclusively the sports betting websites could apply. The same year, shortly after the application process begun, NBA issued 8 transitional licenses to the Internet sports betting companies including Winmasters and Sportingbet.
In March 2017 2 licenses were awarded to Meridian Gaming (CY) Ltd. and Betfair, meanwhile, the domains of approximately 2,500 reputable online casinos Cyprus have been blocked due to owning casino games and poker in their game collections, which are strictly forbidden in accordance with the correspondent legislation 2012.
Taking all the above, there is a very limited number of legal online casinos Cyprus can offer. When we talk about safe online gambling Cyprus approves, it is only about sports betting. However, despite blocking of thousands of websites of the online casino real money Cyprus residents keep accessing overseas websites, which accept Cypriots. To select safe online casino Cyprus people are welcomed, check our list of the best online gambling sites Cyprus.
History of Gambling in Cyprus
To better understand the phenomenon of the Cyprus based online casinos, it is important to make a small introspective in its history. The State Lottery in Cyprus was established in 1960 after the country gained its independence. Operating according to the governmental legislation it was enriching a state budget with the taxes.
Currently, Cyprus is nationally divided into 2 parts: Creek Cyprus and Turkish one, which is located at its Northern part. Cypriot gambling market is extremely different if to compare both parts. While Turkish Cyprus is crowded with the gambling attractions for tourists, Greek part is only on its way to regulating the concept of the internet casino. One thing which unites two parts together is the eurozone, which the island entered in 2008.
Due to the Betting Act 2012, passed by Cyprus government and banning all the CYP casinos, not offering sports betting, many of the local and overseas online casinos accepting Cyprus players were added to the state blacklist, which was regarded as a discrimination by the European Community, taking into account the fact that OPAP (Greek Organisation of Football Prognostics S.A) gained the complete monopoly on the island.
However, it resulted into good revenue in 2018, made by OPAP, which increased up to 2,5%, mostly thanks to the operation on the OPAP video lotto terminals (VLT), which number comprises around 35 000. It is important to mention, that the VLT’s, operating by the other entities, are strictly banned.
In June 2017 Cyprus government submitted a new legislation, a so-called Betting Act 2017, to Malta and EC for approval. It contains several amendments to the previous legislation, including the blocking IPs and blacklisting of those websites, which are not Cyprus approved online casinos. However, the given document is still being considered.
Despite all the difficulties the Cyprus casino is currently facing, you always have our list of the top online casinos for Cypriot players. Proudly holding their status as the best online casinos for Cypriots, they are definitely worth your attention!
Predictions About the Future of Online Gambling in Cyprus
The sunny island Cyprus is only on its way to the regulated and well-controlled online casino CYP. We strongly believe that Cyprus online casinos 2018 will substantially differ from the way they are now.
While the situation with Cyprus gambling sites seems murky enough, all the locals and foreign gamblers are looking forward to the grand opening of Cyprus first gambling resort, named City of Dreams. Located at the 5-star hotel, it will be one of the best in the world. The casino offers a luxury design and top-notch services for all its visitors. It is estimated, that the City of Dreams will attract almost 300,000 gamblers per year and establish near 11 000 jobs. In addition to the casino, there will be an enormous pool, 3 ballrooms, and an outdoor amphitheater.
While we are waiting for this Dream to become a reality, let’s enjoy our top 10 Cypriot online casinos, chosen to offer you unbelievable emotions and, what is the most important, safe play. These are only the best online casinos for Cypriot players, featuring a valid license, nice games, and clear payment policy. We selected both classic and new online casinos for Cyprus players, which look brilliant on any device for you to enjoy the mobile slots Cyprus residents love so much. And don’t forget to read Cyprus online casino reviews before entering any of the offered casinos – wager responsively.