Simon’s Guide to Gambling and Online Gambling in Cyprus

This is a picture of Merit Crystal Cove Casino, located in Northern Cyprus. This is the most luxurious Cyprus casino currently (there is an even more luxurious and bigger one, but it's still under construction, Limassol’s City of Dreams Mediterranean Integrated Casino Resort). Under the picture you can read about gambling and online gambling in the Turkish Republic of Northern Cyprus-TRNC and the other Southern Greek Republic of Cyprus.

Simon’s Cyprus Online Gambling and Gambling Guide

 

Most forms of gambling have been illegal in Cyprus until very recently, until 2012. Laws prohibiting unlicensed and illegal forms of gambling are strictly enforced. Since 2012 gambling is legal in Cyprus (in licensed casinos), but most forms of online gambling are still illegal. There are quite a few legally operating gambling establishments and casinos in Cyprus (connected to hotel, resort and spa complexes aimed at tourists primarily). Gambling operators and players participating in illegal gambling are prosecuted and fined.*

The law regulating most forms of gambling in Cyprus is the Betting Law of 2012. In accordance with this law, gambling operators who wish to provide sports betting services need to apply for a licence to the National Betting Authority. There are two forms of betting licences, and the company needs to have a physical presence in Cyprus or partner with a local company.

  • Class A is a licence for traditional, land-based betting but does not include horse racing betting.
  • Class B is a licence valid for electronic, online sports betting but horse racing is, once again, excluded.

Online sports betting is the only legal form of online gambling in Cyprus as of right now (except dog racing and horse racing betting, dog racing is illegal and horse racing betting is the monopoly of the Nicosia Race Club, online version too).

Betting Law of 2012 forbids all other forms of online gambling. OPAP, the state’s lottery and sports betting company (from Greece) has been considered exempt from the gambling law, which upset many international gambling operators and entire Northern Cyprus (Turkish majority in north vs. Greek south).

In order to better understand the legal status of gambling in Cyprus, one needs to take a closer look at the country. Theoretically the whole island is considered to belong to the Republic of Cyprus, but about 40% of the country, the northern half is administered by the Turkish Republic of Northern Cyprus, recognized only by Turkey, but operating as a semi-independent Turkish, muslim majority country. The Republic of Cyprus (Greek, orthodox majority) is a member of the European Union (but not Northern Cyprus as a separate entity). As such, the country should adhere to regulations set by the European Commission, but EU laws are violated on a regular basis in this country (and everywhere else in the EU to be honest…)

International gambling operators have argued that Cyprus goes against EU policies by providing unfair advantage to OPAP, which is true. However, there have been no sanctions on the part of the European Union. The divided nature of the country also poses a difficulty, as gambling laws are much more lax in the Turkish part of Cyprus (despite it being muslim majority… gambling should be banned entirely according to the Quran, but it has about 80% of the casinos instead), though these laws are not acknowledged by the Cypriot government.

In 2015 a new gambling law amendment came into effect allowing and regulating casino gambling in Cyprus. In accordance with the law, licensed, integrated (with a hotel, spa or resort) casinos can be opened. Licensing is on a case by case basis, limited number of licenses (originally it was said that only one license will be issued, but since 2015 there are more than 10 licenses issued, with no end in sight, mostly in the northern part of Cyprus, but the south has multiple casinos too). It is only in these casinos that table games, card games are to be permitted, though smaller casinos with, holding at most 50 slot machines or other gaming machines may also be operated (one per district). **

Gambling tax is a favourable 10% + 3% mandatory charitable contribution, two thirds of which goes toward charitable causes and non-profit organisations and  one third is spent on consumer protection, gambling addiction management and recovery and the “strengthening of protection mechanisms” (quote from the Cyprus government website). The annual license fee is €45 000 for two years, again a very agreeable amount (especially considering that in nearby e.g.: Croatia that same annual fee is €500 000). Cyprus has a very low gambling tax and licensing fees compared to other countries in the Eurozone (but still significantly higher than offshore gambling hubs, which are basically tax havens).

There are about 40 licensed brick and mortar casinos situated in Cyprus right now.

 

*Source: Cyprus Police to Intensify Crackdown on Illegal Gaming (Online Casino Advice)

**Source:  Law to Regulate the Establishment, Operation, Function, Control and Supervision of a Casino and Related Matters 2014

 

 

Online casinos accepting players from Cyprus

The following online gambling websites accept players from Cyprus:

 

Black Lotus Casino

This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.

Black Lotus Casino bonus offers

USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.

Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.

  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

Betsafe banner displaying the various bonuses and promotional offers offered by European bookmaker and casino Betsafe.

Betsson sports-book and casino with live dealers&poker cross platform and mobile compatible.

  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

 

 

Summary:

 

 

Casino gambling in Cyprus

 

Online casino gambling in Cyprus: illegal, players may be prosecuted

 

Casino gambling is now legal in the Republic of Cyprus in licensed casinos. A casino can be licensed only if it is attached to a hotel. Therefore most casinos are in touristy areas, aimed at primarily tourists. Right now there is about 40 licensed casinos. Most casinos in Cyprus are in the Turkish part of the country.

Online casino gambling is illegal in Cyprus. The new casino gambling regulation does not extend to online gambling, and online gambling apart from sports betting is still banned by the 2012 betting law. There have been reports of a few players arrested and fined for online gambling, but they mostly target illegal, unlicensed operators. Foreign casino gambling sites are also often blocked by ISPs. Despite this, as you could see in the list below there are plenty of online casinos which still accept players from Cyprus.

Online casinos accepting players from Cyprus - click to see

The following online casino websites accept players from Cyprus:

 

Black Lotus Casino

[caption id="attachment_17025" align="alignnone" width="728"]This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play. Black Lotus Casino bonus offers[/caption] USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

[caption id="attachment_5678" align="alignnone" width="728"]Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.[/caption]
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

[caption id="attachment_16307" align="alignnone" width="728"] Betsafe banner displaying the various bonuses and promotional offers offered by European bookmaker and casino Betsafe. Betsson sports-book and casino with live dealers&poker cross platform and mobile compatible.[/caption]
  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

Click here for more info on casinos in Cyprus.

 

 

Bingo in Cyprus

 

Online bingo in Cyprus: illegal, players may be prosecuted

 

Bingo (land based) is legal and quite popular in Cyprus. Several of the brick and mortar casinos, hotels in the country organize bingo events, especially in the capital of Cyprus, Nicosia, where most of the tourists are. Bingo is very popular, surprisingly popular in Cyprus among the locals too, even among young people, and among men, surprisingly. There are many bingo halls throughout the country (locals go there instead of the hotels and casinos). Bingo is known locally as ‘Tombola’ or ‘Tompola’ but it’s actually a misnomer, tombola is a different game, means raffle, raffle type game, but close enough. Bingo is a huge business in Cyprus and there are, as I counted, over 10 standalone bingo halls on this tiny island (and these are only the standalone bingo halls, there are hundreds of pubs, hotels, resorts, spas, community centers where you can play bingo too). Many locals don’t consider it gambling, but the state very clearly considers it a game of chance and a gambling license is required to operate a bingo hall.

Online bingo on the other hand is illegal under the Betting Law of 2012 which bans all forms of online gambling apart from sports betting (and even in sports betting there are banned types). Operators and players may be prosecuted for participating in illicit games.

 

Poker in Cyprus

 

Online poker in Cyprus: illegal, players may be prosecuted

 

The legal status of poker in Cyprus may be difficult to grasp at first. According to the 2014 gambling law, casinos – or rather, a casino, at that time they only wanted to license one casino – are now legal in the Republic of Cyprus, and poker is legal within these casinos only. Many of the casinos located in Northern Cyprus have poker tables and organize poker cash games, tournaments.

Online poker is banned by the 2012 betting law. There are no Cypriot online poker sites, and foreign sites may be blocked. Players may also be arrested for gambling online. Despite this a few online poker websites still accept players from Cyprus, you can find them below.

Online poker sites which accept players from Cyprus - click to see

The following online casinos have poker and accept players from Cyprus:

 

Bet Online Casino and Sports Book

[caption id="attachment_5678" align="alignnone" width="728"]Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.[/caption]
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

[caption id="attachment_16307" align="alignnone" width="728"] Betsafe banner displaying the various bonuses and promotional offers offered by European bookmaker and casino Betsafe. Betsson sports-book and casino with live dealers&poker cross platform and mobile compatible.[/caption]
  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

 

Sports betting in Cyprus

 

Online sports betting in Cyprus: legal, requires licence

 

Sports betting and online sports betting are legal in Cyprus in accordance with the Betting Law of 2012. Sports betting operators must acquire a licence from the National Betting Authority. Land-based sports betting companies operate under a Class A licence, while Class B is valid for online sports betting, which is also legal. Horse racing betting is the monopoly of Nicosia race Club online and offline, and dog racing betting is illegal, fixed odds betting only, limited betting games machines and spread betting are also illegal.

The largest sports betting operator in Cyprus is OPAP, exempt from many clauses in the betting law (special exemption*) . OPAP offers sports betting in addition to the lottery.

Private bookmakers also accept bettors from Cyprus and it’s legal to choose these websites over OPAP, in fact these sportsbooks (online casinos with sports betting, they have both) offer better free bets and promotions and have more sports to bet on and a larger registered user base than OPAP. Many of them are nto licensed in Cyprus but are licensed in other EU countries.

*Agreement between the Hellenic Republic and the Republic of Cyprus regarding the games offered by OPAP
(Ratication) Law of 2003 (L. 34(III)/2003).

Online bookmakers accepting bettors from Cyprus - click to see

The following online sportsbooks accept bettors from Cyprus:

 

Bet Online Casino and Sports Book

[caption id="attachment_5678" align="alignnone" width="728"]Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.[/caption]
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

[caption id="attachment_16307" align="alignnone" width="728"] Betsafe banner displaying the various bonuses and promotional offers offered by European bookmaker and casino Betsafe. Betsson sports-book and casino with live dealers&poker cross platform and mobile compatible.[/caption]
  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

 

Lottery in Cyprus

 

Online lottery in Cyprus: legal, requires licence, monopoly of OPAP

 

Lottery is a legal in Cyprus, in fact it has been legal since 1973, it was the first form of gambling to be legalized in Cyprus. The country has a national lottery run by OPAP who holds the sole special licence, overseen by the Ministry of Finance. The largest and only lottery operator in Cyprus offers various numeric lottery games along with sports betting and a casino. Currently no online platform is available. UPDATE: OPAP now has an online platform, online lottery, sports betting and even an online casino.

Despite OPAP being the only licensed lottery operator within the country locals are not banned from visiting and purchasing tickets online from other foreign lottery websites. The following websites let people from Cyprus purchase lottery tickets online:

Coming soon!

 

Bitcoin gambling in Cyprus

 

Bitcoin gambling in Cyprus: not specifically regulated

As decreed by the Betting Law of 2012, all forms of online gambling apart from online sports betting are illegal. Bitcoin gambling is definitely considered a form of online gambling despite the use of the virtual currency, and is considered illegal. Bitcoin gambling is not specifically regulated.

Despite this, a few foreign bitcoin casinos accept players from Cyprus, you can see them below.

Online bitcoin casinos accepting players from Cyprus - click to see

The following online casino websites accept bitcoin and players from Cyprus:

 

Black Lotus Casino

[caption id="attachment_17025" align="alignnone" width="728"]This is Black Lotus Casino's 2020 animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play. Black Lotus Casino bonus offers[/caption] USA and Canada players are accepted.
  • Get 300% match bonus, up to $3,250. Use the code: VENTURE300
  • $100 bonus. Use code: VENTURE100

Bonuses for existing players:
  • Deposit and get 37 Free Spins on Millionaire’s Life. Code: 37MILLION
  • Deposit $45 and get 299% up to $1,000. Code: 299MILLION & then get 47 Free Spins on Millionaire’s Life. Code: 47MILLION
  • One free spin on the "Millionaire's Bonus Wheel" , instant prizes, limited time only
  • Summer Samba Mini Game for returning players, huge instant wins credited to your player account if you are lucky, all throughout the summer
  • Every day between 6am and 10am EDT you'll get 50 Free Spins to play during our Happy Hour.
 

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: 40-60x for match bonuses and usually 60x for free spins and other bonuses, depends on the bonus check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations

Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else

 

Bet Online Casino and Sports Book

[caption id="attachment_5678" align="alignnone" width="728"]Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.[/caption]
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

 

 

If you have questions or any feedback don’t hesitate to drop a comment below. Please let me know in the comments section if you think we might have gotten something wrong or if you have additional information, clarification about the legal status of online gambling in this country, especially if you are from Cyprus or nearby.

 

This page is part of Simon’s List – Legal Status of Online Gambling – a definitive guide to the legal status of all forms of online gambling activities in every country around the world.

 

Last updated: 2020-07-09

Gamble responsibly,
SimonTheSorcerer

Summary
Simon's Guide to Gambling Laws, Rules, Regulations in Cyprus
Article Name
Simon's Guide to Gambling Laws, Rules, Regulations in Cyprus
Description
This guide focuses on the legal status of gambling and online gambling in Cyprus. Interestingly, since 2015 even casinos and online casinos are legal in Cyprus, but not in both zones.
Author
Simon's Online Marketing Kft.

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