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Cyprus online casino law governs the regulation of online gambling activities in the Republic of Cyprus. The legal framework is primarily based on the Betting Law of 2012, which allows for the licensing and operation of online casinos under strict conditions. The law aims to ensure fair play, prevent money laundering, and protect players\“ interests. Operators must obtain a license from the Cyprus National Betting Authority, which oversees compliance with regulations. The law also prohibits unlicensed online gambling services, with penalties for violations including fines and imprisonment. This legal structure helps maintain a secure and transparent online gambling environment in Cyprus. |
