Greek half of Cyprus to expand access to online sports betting market

The Greek half of Cyprus is proceeding with plans to launch a regulated online sports betting market.

On Thursday, Ioanna Fiakkou, president of the Cyprus National Betting Authority (NBA), announced that the NBA would begin accepting online betting applications as of October 3.

By November 3, any gambling site that failed to submit an application within that one-month window will have its domain added to the country’s online blacklist.

In 2012, Cyprus passed new gambling legislation that officially banned online casino, poker and exchange betting, while giving Greek gaming firm OPAP an effective monopoly over other online products. The following year, the European Commission included Cyprus in a list of European Union member states whose gambling legislation was considered legally sketchy under the EU’s internal market rules on the free movement of services.