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Half of the island of Cyprus is set to get an online sportsbetting market, as the Cyprus National Betting Authority announced they will begin accepting applications for a regulated online market.
The new market will apply to the Greek half of the island, and will see a slate of online sites authorized to offer services. Sites that don't apply to be whitelisted will be subject to blockage from the island's ISPs. The change comes after Cyprus banned online betting in 2012, save for OPAP.which has been working under a monopoly since.
It is thought that the new push for a regulated market is driven by a lack of tax revenues coming into the island, and there are hopes that new jobs will be opened up as a result.
Operators hoping to join the market will have to put in an application between October 3rd and November 3rd.
Casino Listings will update this story as more developments arise.