The short answer
No — you cannot get an online casino licence in Cyprus, because Cyprus does not issue one. Online casino, slots and poker are not licensed domestically. The only online gambling licence available in Cyprus is for sports betting, issued by the National Betting Authority (NBA) as a Class B licence.
Anyone offering you a “Cyprus online casino licence” is mistaken. The route that actually works is a Cyprus company combined with a foreign gaming licence.
Why doesn’t Cyprus license online casinos?
Under the Betting Law of 2019 (Law 37(I)/2019), the National Betting Authority regulates betting only. It issues two classes of licence — Class A for land-based betting and Class B for online (electronic) betting — and these explicitly exclude casino games of chance, slots, online poker and betting exchanges. There is no domestic framework that grants an online casino licence.
What about a Cyprus betting licence (Class B)?
If your product is a sportsbook, Cyprus does have a genuine online licence — the NBA Class B betting licence. It does not cover casino, slots or poker. Indicative terms:
| Scope | Online sports betting only — NOT casino, slots or poker |
|---|---|
| Cost | €30,000/yr (or €45,000 for 2 years) + ~€2,000 representative fee |
| Requirements | €500,000 paid-up capital · €550,000 bank guarantee |
| Tax | 13% on net proceeds (10% betting tax + 2% federations + 1% responsible gambling) |
| Timeline | ~2–3 months |
Source: National Betting Authority.