1. Cyprus Online Shopping

The application for a Class A and B bookmaker’s license, can be submitted only by a company with shares, established either in the Republic of Cyprus or abroad and which has a branch in the Republic of Cyprus, with the main activity of betting activity and with an issued and fully paid up share capital of at least EUR 500,000. New customers only. Opt in and wager £10 within 7 days of opening new account. Receive 2 x £20 bonuses, 3 x £10 bonuses for selected games up to 60x wagering. Max redeemable £3,500 from Casino bonuses. Bonuses expire in 7 days. Free Spins credited over 5 days, no wagering requirements and expire in 1 day. Paypal and Card Payments only.

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Top rated casinos regulated by Cyprus

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Overview

With a very low profile as a regulator, there’s very little information on how the Cypriot government handle players complaints against online casinos regulated in their jurisdiction. Alongside this there’s a substantive lack of information on how to submit a complaint against a casino licensed in Cyprus on the Cypriot government website.

What we can say can be drawn by looking at the casinos that Cyprus licenses. The first point of note would be the relatively low uptake of license. This could be down to uncompetitive tax rates, but it is notable that none of the big gambling names hold their license in Cyprus. Alongside this it should be noted that Cyprus does license players that accept players from the United States of America. In general, given the legal issues facing casinos that accept US players, most top end regulators will not allow their licensees to accept US players. In other words this doesn’t speak well to the standards held by Cyprus.

Given the above we would assume a Cypriot license to offer players more protection than the likes of Costa Rica, but far less than any of the better known regulators.

Contact Details;

Website – http://www.mof.gov.cy/mof/mof.nsf/index_en/index_en?OpenDocument

Telephone – +357 22602723

Address – Michael Karaoli & Gregori Afxentiou

1439 Nicosia

Cyprus Online Shopping

Cyprus