THE ONLINE BETTING MARKET

By: Ioanna Solomou, Associate of Michael Kyprianou & Co LLC

The National Betting Authority (“NBA”), as this has been set out to be the island’s regulatory authority subject to the provisions of the Betting Law of 2012, is proceeding with its plans to launch the review of applications for the authorisation of a regulated online sports betting market.

On October 3rd, 2016 the NBA, will start accepting online betting applications (Class B License applications) for the purpose of review for gran