iGaming Law
Chetcuti Cauchi Advocates offers a truly one-stop-shop service to gaming start-ups or established operators seeking to relocate to Cyprus or seeking a back-up operation within an EU jurisdiction. Besides our focused gaming law expertise, we are also able to provide accounting and financial, management and regulatory reporting as well as set up of servers and back-office.
We pride ourselves of our in-depth expertise in all aspects of gaming, based on a thorough understanding of the business and of the specific needs peculiar to different types of operators. Our Gaming Team brings around the table and under one roof the full range of gaming-related legal expertise, including licensing and regulatory, trademark and internet law, gaming taxes, VAT, corporate taxation and offshore tax planning.
We are active members in the Cyprus gaming advisory community. Our firm is represented on the Legal & Regulatory Workgroup, the Tax Work Group and the Pressure Group of the MRGC and we have undertaken legal drafting tasks in the area of regulated online gaming in prominent gaming jurisdictions.
The Betting Act of 2012 (L.106(I)/2012), regulates gaming in Cyprus and covers both land-based betting activities as well as online betting activities for which one requires a Class A and Class B License respectively.
In the context of online gaming, whilst the use of any game machine (including poker, horse racing, bingo and slot machines) is not allowed, the Betting Act of 2012 provides solutions for online betting on sports or other events. Indeed, the Class B license covering online betting encompasses all forms of electronic (online) betting apart from limited benefit games machines, lucky online casino games and electronic betting on horse races. The regulatory authority is the National Betting Authority (NBA) which is entrusted with the examination of applications, approvals, licensing, audit and control of land-based and online betting operations.
iGaming Law
Chetcuti Cauchi Advocates offers a truly one-stop-shop service to gaming start-ups or established operators seeking to relocate to Cyprus or seeking a back-up operation within an EU jurisdiction. Besides our focused gaming law expertise, we are also able to provide accounting and financial, management and regulatory reporting as well as set up of servers and back-office.
We pride ourselves of our in-depth expertise in all aspects of gaming, based on a thorough understanding of the business and of the specific needs peculiar to different types of operators. Our Gaming Team brings around the table and under one roof the full range of gaming-related legal expertise, including licensing and regulatory, trademark and internet law, gaming taxes, VAT, corporate taxation and offshore tax planning.
We are active members in the Cyprus gaming advisory community. Our firm is represented on the Legal & Regulatory Workgroup, the Tax Work Group and the Pressure Group of the MRGC and we have undertaken legal drafting tasks in the area of regulated online gaming in prominent gaming jurisdictions.
The Betting Act of 2012 (L.106(I)/2012), regulates gaming in Cyprus and covers both land-based betting activities as well as online betting activities for which one requires a Class A and Class B License respectively.
In the context of online gaming, whilst the use of any game machine (including poker, horse racing, bingo and slot machines) is not allowed, the Betting Act of 2012 provides solutions for online betting on sports or other events. Indeed, the Class B license covering online betting encompasses all forms of electronic (online) betting apart from limited benefit games machines, lucky online casino games and electronic betting on horse races. The regulatory authority is the National Betting Authority (NBA) which is entrusted with the examination of applications, approvals, licensing, audit and control of land-based and online betting operations.