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The Cyprus Gaming Commission. The Cyprus Gaming and Casino Supervision Commission, known as the Cyprus Gaming Commission (the Commission) was established in 2015, under the Cyprus Casino Control Law and related Regulations.. In 2012, the Republic legalised online and offline sports betting. Madnix Casino is operated under the license of The Luck Factory B.V. (Curacao eGaming License (#1668/JAZ) issued on the 9th of March 2018). The payments services to cardholders are provided by Madnix Labs Limited, company with registered address at: KALYMNOU 1, "Q MERITO", 4th Floor, Agios Nikolaos, Kamares 6037 Larnaca, Cyprus. A valid license is required by online casino operators that are based out of Cyprus. These operators are required to submit to background checks, demonstrate solvency, show a history of reputable business practices and ensure payouts to players. There are several types of gaming licenses available in Cyprus including a Class 1 which is for operating games based on repetition such as slots and Licenses offered allow for operation within online sports betting, poker rooms, lotteries, casino and bingo sites. However, gambling at online casino’s is illegal. The only form of online gambling allowed legally is sports betting. This excludes betting on horse races. Nevertheless, a Cyprus gambling license is a one way ticket to a lucrative gaming industry within the island. Alle Rechte vorbehalten und gesetzlich geschützt. is owned by Zavbin Ltd (reg.number HE 400081) with a registered office located at Telamonos 20 street, Springfield Court, Block C, Office 303, 3055 Limassol, Cyprus as a Billing Agent and is operated by Orakum N.V. as a License Holder (Curacao license No. 8048/JAZ Class 2 gaming license: for online sports and betting operators. Some casinos might offer only casinos, but others also offer sports; hence an additional license is needed. Class 3 gaming license: for advertisers and promotion companies that operate from Malta. These companies could be an outsider working for a casino as a third party outlet. Class 4 gaming license: for companies that host and Dama N.V. is licensed and regulated by Antillephone N.V. (license no. 8048/JAZ2020-013). Dama N.V.’s registration number is 152125 and its registered address is Julianaplein 36, Willemstad, Curaçao. Strukin Ltd. is a subsidiary of Dama N.V., acting as an Agent on behalf of Dama N.V., registered in Cyprus with registered address Pavlov Nirvana & Aipeias, 4, ALPHA TOWER, Floor 1, Flat 11 Learn about the policies and procedures that online casinos have to go through to get a license from Cyprus. See the policies in place for protection of the players, responsible gaming, data checks, staff training and more that is required in Cyprus. After launching tender process with 8 international operators, Cyprus issued the sole casino license to Melco-Hard Rock Consortium. In accordance with the Cypriot legislative framework, issuance of casino gaming license was made possible only to gambling establishment integrated with a hotel. Limassol, being the main tourist hub of the island was chosen as obvious spot for this integrated

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