Regulation

Bet365 first to claim remote Cypriot licence

Operator moves off transitional permit with likes of Betfair, Sportingbet and Winmasters awaiting full licensure

Bet365 has become the first operator to go live in the newly regulated Cypriot online market after the country’s regulator rubber-stamped the firm’s licence application. The licensure means bet365 is now operating within Cyprus’ new regulatory framework and also paying what is effectively a 13% net revenue tax – a 10% gaming levy, a 2%…

Regulation

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