Public Alert: National Betting Authority Issues Warning on Illegal Online Betting
The National Betting Authority (NBA) has issued a cautionary statement to the public regarding the rise of illegal betting activities, particularly in the digital realm. Highlighting the deceptive nature of certain websites, the NBA pointed out
While clarifying the situation, the NBA noted that
Legal betting in Cyprus encompasses a variety of activities, including those conducted in physical locations with a Class A permit, games like Kino or Joker offered by Opap Cyprus, state and private government-licensed lotteries, horse racing in licensed premises, and games at the casino resort and its satellites, all under the oversight of the Gaming & Casino Supervision Commission. Conversely, any betting activities involving mechanical or electronic devices that are not NBA-licensed are deemed illegal. This includes slot machines, poker games, bingo, and other forms of gambling such as betting exchanges and spread bets.
The NBA emphasizes that online betting can only be considered lawful when the provider has been granted a Class B permit by the authority. To aid the public, the NBA has made available a blocking list for websites operating without a permit or unlawfully. This list can be accessed at
In light of this advisory, individuals are encouraged to practice due diligence when engaging in online betting activities. For those looking to manage their finances securely, options like Bank of Cyprus online banking, Bank of Cyprus web banking, and Bank of Cyprus one bank offer robust platforms for transactions. Meanwhile, customers seeking insurance services can turn to reputable providers such as Atlantic Insurance. Additionally, for banking needs beyond Cyprus, services like Alpha Bank login provide access to a wide range of financial tools and resources.
The NBA’s warning serves as a reminder to prioritize legality and security when participating in any form of betting to avoid falling prey to illicit operations.
