Cyprus Mail16 Jul 2026

Cypriots bet big as market reaches €360m

Cyprus’ betting market continued to expand during the first quarter of 2026, with total gross revenue from Class A and Class B operators rising by 12 per cent year-on-year to €360.1 million, according to figures released by the National Betting Authority (NBA).

The figure compares with €320.9m in the corresponding period of 2025, reflecting the continued growth of the sector. According to the authority, online betting remained the main driver of activity during the January – March period....

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