Barz Casino
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SpinYoo Casino
White Hat Gaming is the company behind some of the most successful and well-known online casinos to date including DreamVegas, MiamiDice, and Casino Cruise. In 2021, White Hat launched SpinYoo, an equally impressive site packed with 2,000 slots and casino games, Players have the opportunity to build a unique, personalised games gallery to add their all-time favourite slots and games.
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*18+ New Players Only. T&C's Apply. BeGambleAwareCyprus Casinos
Cyprus was home to a few decades on online gambling taking place without any form of regulation. Despite being left unregulated for so long, the Cypriot government finally realised it was time to take the plunge and turn an unregulated industry into a regulated one. Much of the European continent had decided to make online gambling legal, but the Cypriot government took a different approach.
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Read More2012 Betting Law
In 2012 Cyprus introduced a Betting Law. Following intense debate in Cyprus, the government decided to make casino games which offered “games of chance” betting illegal, regardless of whether the casino operated online or on the high street. It was also decided under the 2012 Betting Law, that lotteries, betting on horse races and other sport competitions, would only be made legal and would be regulated if the betting took place in ‘bricks and mortar’ high street venues. Only lotteries and sports betting could take place on the internet.
The NBA
One feature of Cyprus’ new betting legislation is the National Betting Authority, known as the NBA, which was set up by the Ministry of Finance. The NBA is the governing association which is responsible for Cyprus’ licensing and regulations related to all elements of gambling taking place inside the boundaries of Cyprus.
Part of this responsibility is to protect minors and those considered as problem gamblers from the negatives consequences on advertising within the industry that could be viewed as predatory. Other principle responsibilities of the NBA are to provide monitoring and licensing services for those gaming operators that are legal, as well as curbing illegal types of gambling. The NBA works alongside the Ministry of Finance in order to provide taxation support to gambling operators, both in online casinos and high street casinos.
Gambling considered as Class B
Two different classes of gambling operations have been created by the Cyprus jurisdiction – Class A relates to the gambling activities in high street casinos and Class B related to the activities within online casinos. With Class B regulations, the NBA has the authority to manage the rules about how players communicate with casino websites and how these operators are expected to communicated with their players and the NBA.
Players of casinos and other gambling operators in Cyprus are required to be aged 18 or over. They must provide appropriate identification that proves their age. Players must also register for a gaming account with a provider. They are not permitted to make deposits into their online casino accounts with cash funds and are required to provide adequate proof they have the necessary money available to cover deposits made into online casino accounts via debit card, credit card or by an online transfer from their bank account.
Other regulations set out by the Cyprus jurisdiction include the applicant for a license must be void of any criminal convictions, the applicant which is acting as an individual is required to be aged 25 or over and the operator’s headquarters or offices must be located within the confines of Cyprus.