National Betting Authority

What National Betting Authority does

The National Betting Authority (Εθνική Αρχή Στοιχημάτων) is the statutory regulator of betting activity in the Republic of Cyprus, established in 2012 under the Betting Law 2012 and operating under the expanded Betting Law 2019 framework. The Authority licenses, regulates, and supervises Class A and Class B bookmakers, enforces compliance, and promotes responsible gambling practices. It maintains public registers of licensed operators, processes whistleblowing and illegal-gambling reports, and runs awareness campaigns such as the annual Responsible Gaming Awareness Week.

Its operational technology stack includes the HAL 2000 licensing system for internal case management, the National Self-Exclusion Platform (with approximately 160 enrolled users, of whom roughly 35% have opted for permanent exclusion), and an ISP Blocking List that has led to the blocking of more than 21,000 illegal gambling websites. The Authority holds ISO 27001 (information security), ISO 37001 (anti-bribery), and IQNet certifications, and operates from Nicosia with an 11–50 person headcount. Its leadership includes Chairwoman Ioanna Fiakkou and department managers Maria Kampouridou and Michalis Iakovidis, both in role since 2018.

As a non-profit government entity, the Authority's revenue is derived from licensing and regulatory fees paid by licensed bookmakers under Directive 30/2019, supplemented by state budget allocation; specific financial figures are not publicly disclosed. The organization has formal cooperation frameworks with the University of Cyprus (MOU 2018), the Cyprus National Addictions Authority, the National Casino and Supervisory Authority (2019), the Youth Board of Cyprus, and OPAP Cyprus (2025), positioning it at the center of Cyprus's responsible-gambling and AML-compliance ecosystem.

Name

National Betting Authority

Legal name

National Betting Authority (Εθνική Αρχή Στοιχημάτων)

Website

https://nba.gov.cy

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

The National Betting Authority (Εθνική Αρχή Στοιχημάτων) is the Republic of Cyprus's statutory regulator of betting, licensing and supervising Class A and B bookmakers, enforcing compliance, and operating responsible-gambling programs including a national self-exclusion platform and an ISP blocking list targeting illegal operators.

Ownership category

akta.pro rank

Product category

Gambling Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150)

akta.pro industry

PRIMARYMPAEACAO

Sports Betting Regulatory, Licensing & Legal Services

Media, Entertainment & Sports/Gambling, Betting & Casinos/Sports Betting (Retail & Online)

SECONDARYBPAIAOAN

Gambling, Alcohol & Controlled Substances Regulators

Business & Public Services/Public Sector & Government Administration/Regulatory Agencies & Licensing (Cross-sector)

SECONDARYMPAEAOAM

Regulatory Investigations, Enforcement Response & Legal Representation

Media, Entertainment & Sports/Gambling, Betting & Casinos/Regulatory, Compliance & Licensing Services for Gaming

SECONDARYMPAEALAJ

Payment Compliance & Funds Control (AML, Sanctions, Segregation, Safeguarding)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Payment Processing & Financial Services for Gaming

SECONDARYMPAEAOAJ

Compliance Training, Policies & Governance (SOPs, controls, board reporting)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Regulatory, Compliance & Licensing Services for Gaming

Keywords

• Betting regulation
• Gambling supervision
• Responsible gaming
• Betting licensing
• Gaming compliance

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Licensing fees and regulatory charges: The Authority collects fees from licensed operators (Class A and Class B bookmakers), authorized agents, and premises licensees. The Betting Law 2019 and Directive 30/2019 govern the payable fees and payment methods for licensing and regulatory compliance.

Pricing tiers

Distribution channels3 records

Marketing channels5 records

Core offering

The National Betting Authority licenses, regulates, and supervises all betting activities in the Republic of Cyprus through two classes of operator licenses (Class A for online betting and Class B for retail/terrestrial betting), authorized agents, and premises. It enforces compliance with the Betting Law of 2019, maintains an ISP blocking list of illegal websites, operates the National Self-Exclusion Platform for player protection, and conducts responsible gaming awareness initiatives. Revenue is generated through licensing fees, regulatory charges, and administrative fines under Directive 30/2019.

Product overview

The National Betting Authority is a regulatory body for betting activities in Cyprus, operating under the Betting Law of 2019 37(I)/2019 as a Public Legal Entity established in 2012. The Authority does not offer a unified SaaS product but provides various regulatory services including a HAL 2000 internal licensing management system, public registers of licensed Class A (terrestrial) and Class B (online) betting operators, an ISP blocking list for over 21,000 illegal websites, a National Self-Exclusion Platform with approximately 160 users, and several online reporting forms for whistleblowing, illegal gambling activity, and information security incidents. The Authority also publishes quarterly financial reports on the betting sector and operates a newsletter subscription service.

Differentiator

Problem solved

Functional benefit

Products and services

• Class A Bookmaker License (Online Betting) Statutory license authorizing online betting operators to offer sports betting and gambling services over the internet within the Republic of Cyprus, governed by the Betting Law 2019 and administered via the HAL 2000 system.
• Class B Bookmaker License (Retail Betting) Statutory license for retail betting operators, authorized agents, and premises operating physical betting locations within Cyprus, governed by the Betting Law 2019.
• National Self-Exclusion Platform Free public platform enabling players to voluntarily exclude themselves from gambling across licensed operators in Cyprus, with approximately 160 users and 35 percent opting for permanent exclusion.
• ISP Blocking List of Illegal Betting Websites Regulatory enforcement list used to block access to illegal betting websites in Cyprus, with over 21,000 illegal sites blocked through the country's strict regulatory framework.
• Public Registers of Licensed Class A and Class B Bookmakers Public registers published on the NBA website listing licensed Class A (online) and Class B (retail) bookmakers, authorized agents, and premises, updated at regular intervals under Articles 29 and 50 of the Betting Law 2019.
• Quarterly Financial Results and Quantitative Data Reports Quarterly published reports on financial results and quantitative data for licensed bookmakers, covering the period from January 2015 onwards, providing market transparency.

Quantifiable outcome

• Over 21,000 illegal betting websites blocked through strict regulatory framework
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• OPAP CypruscoreGTM or Marketing Partner · 14 October 2025OPAP Cyprus, a Class A licensed bookmaker and member of Allwyn, organized Greece's largest Responsible Gaming conference on October 14, 2025. The National Betting Authority President participated to highlight Cyprus's regulatory framework. OPAP Cyprus CEO announced a three-year social initiative investing more than €1.5 million to support the Cyprus National Addictions Authority in addressing gambling dependency and addiction cases.
• University of CypruscoreStrategic or Co-development Partner · 21 September 2018A Memorandum of Understanding was signed between the University of Cyprus and the National Betting Authority on September 21, 2018. The cooperation involves the Authority and the Department of Psychology for utilization of research results related to responsible gambling participation. The partnership aims to formulate policies for the gambling sector and extends to Departments of Computer Science, Law and Public Administration. The collaboration also includes the Mental Health Center of the University of Cyprus for student prevention measures.
• Cyprus National Addictions AuthoritycoreStrategic or Co-development PartnerThe National Betting Authority collaborates with the Cyprus National Addictions Authority to address gambling dependency and addiction. OPAP Cyprus announced a three-year social initiative investing more than €1.5 million to support the Cyprus National Addictions Authority in handling cases of gambling dependency.
• National Casino and Supervisory AuthoritycoreStrategic or Co-development PartnerThe National Betting Authority and National Casino and Supervisory Authority jointly organized the Responsible Gaming Awareness Week from October 8th to 14th, 2019. This was the first such joint initiative bringing together gambling industry experts from Cyprus and abroad to discuss responsible gambling practices and public protection.
• Youth Board of CyprusminorStrategic or Co-development PartnerThe Youth Board of Cyprus co-organized a two-day workshop titled 'Design Sprint for Responsible and Safe Gambling' together with the National Betting Authority and National Casino and Supervisory Authority. The workshop utilized design thinking methodology to explore ideas and propose solutions for ensuring safe gambling.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Netherlands Gambling Authority (Kansspelautoriteit): Dutch regulator licensing sports betting, online casino, and lotteries under the Remote Gambling Act. Directly comparable to the NBA as a European national regulator with parallel online/retail licensing and consumer protection obligations.
• Gibraltar Gambling Division: Regulates online gambling operators licensed from Gibraltar, a jurisdiction long associated with online betting licensing. Comparable to the NBA in supervising online bookmakers, though with a primarily licensing-export model rather than a domestic consumer-protection focus.
• Belgian Gaming Commission: Belgium's national gambling regulator issuing licenses for betting, casinos, and gaming machines. Comparable to the NBA as a European national regulator with licensing, enforcement, and player protection responsibilities.
• Swedish Gambling Authority (Spelinspektionen): Sweden's national regulator for gambling, with licensing, supervision, and AML oversight responsibilities. Directly comparable to the NBA in scope and operational model, including online and retail bookmaker licensing.
• Malta Gaming Authority: Malta's national gambling regulator responsible for licensing and supervising online and land-based gaming operators across multiple verticals. Closely comparable to the NBA as a small EU member-state regulator with a strong online betting focus and a similarly compact team.
• Alderney Gambling Control Commission: Regulates eGambling from the Channel Island of Alderney with a focus on online operators. Comparable to the NBA as a small, specialized national regulator with strong online-gambling licensing heritage.
• Danish Gambling Authority (Spillemyndigheden): Denmark's gambling regulator issuing licenses across betting, online casino, and land-based gaming. Comparable to the NBA as a small, modern European regulator with online betting licensing and responsible gaming programs.

Regional players

• Alcohol and Gaming Commission of Ontario (AGCO): Ontario's regulator overseeing alcohol, cannabis, and gambling including the iGO online betting market. Comparable to the NBA in mandate and licensing structure, but operating in a very different and much larger North American market.
• New Jersey Division of Gaming Enforcement: U.S. state-level regulator overseeing casino and online betting in Atlantic City and across New Jersey. Comparable to the NBA in mandate and operational model, but in a much larger and more mature regulated market.

Broad incumbents

• UK Gambling Commission: Statutory regulator of gambling in Great Britain, covering online and retail betting, casino, lottery, and arcades. Comparable to the NBA in mandate (licensing, AML, responsible gaming) but far larger and more mature, making it a benchmark incumbent for NBA's evolution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/national-betting-authority
• Facebookfacebook.com/nba.cyprus

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Betting Authority