Licensed Online Casinos : Cyprus Regulated Casinos

E-gaming legislation is a hot topic worldwide as the gambling arena gradually moves from brick and mortar casinos into the virtual world. Where anonymity is easy to obtain, upholding strict rules and regulations can be a challenge. Cyprus's government is responsible for providing, maintaining and updating a wide range of licenses and regulations in regards to online gaming practices.

Cyprus Regulated Casinos
Logo
Casino
Bonus Cashback €€
Bonus Cashback %
Code
WR
Logiciel
EU Casino
$250
1%
-
-
SkillonNet
Europaplay Casino
$500
50%
-
30
Playtech
Mars
$-
15%
-
40
NetEnt
TTR Casino
$10
15%
-
3
Net Entertainment
Casino Codeta
$3000
10%
-
30
Net Entertainment
Bet365
$unlimited
25%
-
20
Playtech
Casino Slots Magic
$250
1%
-
1000
WMS Gaming
Silver Oak
$unlimited
20%
-
30
RTG
Casino 77Jackpot
$100
10%
-
40
Betsoft
No Bonus Casino
$-
10%
-
-
Amatic
Challenges in Online Gaming Legislation

As the practice of gambling online is relatively new, such legislative projects must be reevaluated regularly. With online gaming, as with any technology based environment, lawmakers must strive to be as up-to-date as possible, staying ahead of trends and developments. As technology continually changes the face of the gaming industry, so too must government work to keep the practice of e-gaming safely regulated.

Gaming Legislation in Cyprus

In Cyprus, legislation is continually under review to insure current and effective laws that keep up with these ever-changing needs of the industry. A revision to current e-gaming regulations was submitted by Parliament in 2006. Though this met a hasty rejection, Parliament has persisted in their efforts and began work on a second bill in 2007.

Targets of Gaming Legislation

Of particular interest are rules that would address underage gambling. This is a concern for e-gaming establishments as this illegal practice is more difficult to catch online than in person. Loss of tax revenue is high on the agenda as well, as Cyprus strives to ensure that online gaming does not have a negative impact on hardworking tax payers.

Updates on these efforts are as yet unknown, but Cyprus is known for continually striving to stay on the forefront of online gaming legislation. In an arena where continual work and attention is paramount, the government is facing its challenges head-on and is committed to staying current with their online gaming registration and licensing practices.