National Betting Authority

National Betting Authority

Company Profile

ABOUT THE COMPANY

The National Betting Authority is a legal public entity and is governed by the Betting Law of 2019. The Authority is responsible for the licensing, regulation and supervision of the betting activity within the Republic of Cyprus. The Authority’s inspections aim to ensure that the betting activity is legal, complying with transparent and fair rules and regulations, that the winnings are paid to the players, the taxes are paid to the government and the contributions to the Authority, that the licensees comply with the laws and regulations, that money laundering and terrorist financing are efficiently deterred and that all the relevant Directives are issued and applied. Additionally, the Authority cooperates and confers with various bodies, governmental and international institutions on topics related to gambling and betting. Finally, the Authority is responsible for the implementation of preventive measures on the protection of young people and vulnerable groups from gambling addiction.

COMPANY SIZE

27 Cyprus based Employees

INDUSTRY

Gambling Industry Regulator

ESTABLISHED IN

2012

HQ LOCATION

Nicosia, Cyprus

CONNECT

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