Your Guide to Playing at Online Casinos in Cyprus

Cyprus, a beautiful and sunny country located in the Mediterranean, with its cyanic sea and unspoiled nature, is a summer paradise attracting tens of thousands of tourists each year. As well as learning about the Cypriot gambling laws, we’ll also cover a vast amount of information about why online gambling is so popular in Cyprus.

Lashantika Singh

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List of the Best Casinos in Cyprus

List of the Top-Rated Online Casinos in Cyprus

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The Legalities of Gambling in Cyprus

The Legalities of Gambling in Cyprus

When it comes to gambling in any country, it is always important to know about the various laws and regulations around the topic. A new law was passed in Cyprus in 2012 that banned all forms of online gambling at Cyprus online casinos, with one exception. Sports fans in Cyprus will be thrilled to hear that they can legally bet on any of their favourite sports online, without fear of repercussions for doing so, so long as it’s done at a sportsbook that holds a Class B licence.

Despite the fact that most forms of online gambling are illegal in Cyprus, there are multiple online casino sites that offer Cypriots the chance to gamble on their platform.

The reason offshore sites are making their platform available to Cypriot punters is that there’s a grey area that they take advantage of. Cyprus is a part of the EU, which means that the EU gambling directives, specifically Article TFEU, apply to Cyprus.

Cyprus Online Casinos

Seeing as Cyprus online casinos can only obtain a Class B licence, they are in violation of this article, leaving Cypriots free to enjoy online gambling without being worried about the fear of persecution. You should, however, be careful when gambling at online casino sites as Cyprus’ state law does state that online gambling is prohibited so you should always try to do so as safely as possible.

We’d definitely suggest making use of a trusted VPN when gaming online. If you aren’t willing to take a chance, then there are multiple brick-and-mortar casinos for you to enjoy across the island, where you can gamble legally.

Cyprus Online Casinos Tax

Taxation on Your Gambling Winnings

It makes sense to know whether or not you’ll need to pay tax on casino winnings. Seeing as online gambling isn’t allowed in Cyprus, your winnings are yours to keep! Cyprus online casino sites usually pay the necessary taxes meaning you don’t need to. The only time any form of gambling winnings is taxed is if you play the lottery and win $5,000 or more. Other than this, you can happily do whatever you want with all your winnings.

Cyprus Gambling Licencing Body

Gambling Authority, Licence, and Jurisdiction for Online Casinos in Cyprus

Cyprus Online Casino Horse RacingWithin Cyprus, there is only one regulatory body for both land-based casinos and online betting sites, and that is the National Betting Authority (NBA). Cyprus has a gambling licence issued by the NBS in accordance with the Betting Act 2012. This is a licence that can only be applied for by traditional betting houses or online sportsbooks, both of which exclude those for horse racing, which is class A. Presently, players in Cyprus are allowed to engage in only one form of legitimate online gambling – online sports betting.

Popular Casino Games in Cyprus

Cypriots’ Favourite Online Casino Games

There are thousands upon thousands of online casino games that Cypriot players love to indulge in! And while each person will have their own favourite games they like to play, we have come find that punters in Cyprus do tend to favour table games above all else. The most popular Cyprus online casino table games include:

Enjoy the Thrill of a Live Casino in Cyprus

Since players enjoy playing table games at Cyprus online casinos, many of the punters especially enjoy playing them against live dealers. They enjoy the thrill of playing at a live casino. While these, too, are not legally accessible, you can still do so if using a VPN and enjoy all the benefits of playing against live dealers. There are multiple online casino sites that accept players from Cyprus and have various live casino games on offer.

Cyprus Online Casinos - MelBet Live Casino

Spin Your Way to Victory with Exciting Slots

Slots will always be a familiar favourite in any country, and that’s no different in Cyprus. There’s just something exciting about spinning the slot machine reels and winning big. It has a feel of nostalgia to it. There are almost too many various slot games to choose from, but these are some of the familiar favourites: Cyprus Online Casinos - Twin Casino Slots

  • Book of Dead
  • Bonanza Megaways
  • Starburst
  • Gonzo’s Quest3
  • Reactoonz
  • Wolf Gold

Breakdown of Casino Slots

Breakdown of Cyprus Online Casino Slot Games

Slot NameSoftware ProviderAverage RTPReelsVolatility
Book of DeadPlay’n Go96.21%5High
Bonanza MegawaysBTG96.00%6High
StarburstNetEnt96.10%5Low
Gonzo’s QuestNetEnt95.97%6Medium - High
ReactoonzPlay’n Go96.51%7High
Wolf GoldPragmatic Play96.01%5Medium

Cyprus Online Casino Bonuses

Online Bonuses Found That’ll Make All Cypriots Jump for Joy

When you access online casinos that accept Cypriots, you will find a variety of Cyprus Casino Bonus offers. If you’re a new player at an online casino, you can take advantage of welcome bonuses to boost your bankroll.

Bonuses are a way for Cyprus online casinos to attract new players or reward their loyal clientele. Apart from the welcome bonus, there are multiple other online casino bonuses for Cypriot players to look forward to and they include:

  • Deposit Bonus: The majority of the time, deposit bonuses are linked directly to welcome bonuses. You’ll be offered a certain percentage of the money you’ve deposited up to a specific amount.
  • No Deposit Bonus: This is by far one of the most sought-after bonuses you can get. You get free cash to play with for only signing up to Cyprus online casinos.
  • Free Spins: If you’re a slots lover, then you’ll definitely be in search of free spins. Free spins are used on specific online casino slot games.
  • Cashback Bonus: This is quite a nice bonus for all players. A cashback bonus is when a casino gives you a percentage back of the money you’ve lost over a specific period of time.

Regardless of the bonus you’re planning to claim, you should always read the terms and conditions that come with it. Each bonus will come with its own set of wagering requirements, expiry date and even the maximum amount you can win with a bonus.

Cyprus Online Casinos - Royal Panda Casino Bonuses

Breakdown of Bonuses Available at Cyprus Online Casinos

Bonus TypeReasons To Love ItDownfalls To It
Welcome BonusPlay games for longerUsually has high wagering requirements
Deposit BonusExtra funds to play withUsually has high wagering requirements
No Deposit BonusNo need to spend your own moneyOften a low cash-out limit
Free SpinsPlay new slotsSpecific betting limits you need to follow
Cashback BonusNo wagering requirementsOftentimes only available to VIP members

Popular Cyprus Payment Methods

Popular Methods to Fund Your Cyprus Online Casino Account

Although many Cyprus-friendly casinos welcome players, you will find a few that have the country listed alongside its restricted countries. Don’t let this get you down though if it’s a casino you really want to sign up to, all you’ll need to do is make use of a trusted VPN.

Once you’ve signed up to your favourite website, you’ll need to deposit money into your Cyprus online casino account. This is the first step you’ll need to take in order to enjoy exciting casino games and the benefits of multiple bonuses. Below are some of the most popular payment methods you can use to fund your Cyprus online casino account.

Regardless of what your preferred payment method is, you will need to do some research on the casino you choose to play at to ensure that the method is available for both deposits and withdrawals.

Oftentimes punters are disappointed when finding an online casino they love and only later figuring out that the method they used to deposit money into their account cannot be used for withdrawals and they then need to choose an alternative method.

Cyprus Online Casinos - Payment Methods

Breakdown of Cyprus Payment Methods

Breakdown of Popular Types of Cypriot Payment Methods

Payment MethodProsConsDeposit TimeWithdrawal Time
Credit/Debit Cards-Instant deposits -Safe & reliable-Not everyone feels comfortable exposing financial details onlineInstant0-5 Days
e-Wallets-Deposits are fast -No card details need to be shared-Fees are involvedInstant0-2 Days
Bank Transfer-Easy to use -Safe & Reliable-Long waiting period for transactions to be processedInstant0-7 Days
Cryptocurrencies-Transact anonymously -Withdrawals are instant-Limited amount of Cyprus online casinos accepting cryptocurrenciesInstantInstant

Responsible Gambling

Get the Help You Need with Cyprus’ Responsible Gambling Action Plan

The NBA understands that there is a need for having an action plan in place when it comes to gambling as someone can easily get addicted. The National Betting Authority, through its new Responsible Gaming Action Plan for 2018-2022, acknowledges the need to protect society and vulnerable groups, without neglecting its responsibilities to ensure smooth betting activity. The Action Plan focuses mainly on the following:

  • Educating society and stakeholders
  • Promoting responsible gaming
  • Preventing and combating gambling addiction
  • Gambling addiction prevention among young people and vulnerable social groups

Cyprus Online Casino Responsible Gambling

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