Focus CYPRUS MARKET REPORT
There are a number of smaller casinos in the area that are of little importance. In the Kyrenia area, the following casinos would be among the top five; the Rocks, Cratos, Mercure, Malpas and Merit.
nicosia (lefkosa) This is the capital and largest city of both Cyprus and the TRNC. It is located on the River Pedieos and in the centre of the island. It is the seat of the government and the main business centre. The casinos here are designed purely to attract the cross border Greek Cypriot market. Legally, they must be sited in hotels, but the hotels are merely the means to a casino licence.
CITY ROYAL HOTEL AND CASINO is a four star business and city hotel in the heart of Nicosia which opened in 1991. The hotel has 86 rooms, three restaurants and bistros and cafes. The casino is open from 3pm until 5am and includes American Roulette tables, Blackjack, poker and Punto Banco. This is a small gaming operation.
MERIT LEFKOSAhas 163 slots and 28 tables and was opened in 2008 and was
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to become the first five star hotel in Nicosia. The hotel cost around US$40m and was inspired by Cyprus’ traditional architecture and is now the capital’s tallest building. It is operated by Grand Casino Club (Net Holding).
SARAY HOTEL was originally opened in 1963 and the Saray Casino was later added. It is small and of little importance.
GOLDEN TULIP HOTEL AND CASINOis located in the business and shopping area of the city. There are a total of 139 rooms in the hotel and three meeting lounges plus a banquet area and casino. Operated by Pasha Gaming it was opened in 2009. The PLATINUM CASINO is one of the finest in northern Cyprus and has a ground floor open to everyone and a semi VIP lounge and a VIP Platinum room for appointment only. There is an open buffet and two bars. It is operated by Pasha Gaming.
faMagusta Famagusta is a city on the east coast of Cyprus, is the capital of the Famagusta District and is the deepest and most
“Since 2006 a
number of draft bills have been prepared by the
government and presented to the House of
Representatives
attempting to ban nearly all forms of online gambling in
Cyprus. Until 2010 it has been
unsuccessful in its
efforts because the draft bills were blocked by the European
Commission following a
complaint filed by Magneta
Technologies, a Cypriot gaming software
developer.”
Olga Georgiades, Director, Lexact Solutions Ltd
online gaMing law Although the Republic of Cyprus is no longer an offshore jurisdiction in the strict sense of the word, its tax regime,
new compelling content for pro series cabinets
important harbour of the island.
SALAMIS BAY HOTEL AND CASINO is in the Salamis Bay Conti resort overlooking the Salamis Bay. The casino is open to guests and non-guests and has 140 slots and 17 table games. The casino features 351 five star rooms and there are also 41 bungalows on site.
KAYA ARTEMIS CASINO is a unique seaside resort destination in the Bafra tourist development area which offers 726 rooms in the hotel and a 3,000 sq.m Las Vegas style casino which opened in 2007. The casino from the exterior is designed to resemble an ancient Greek temple, the design of which is a matter of taste.
PALM BEACH HOTEL AND CASINO is one of the oldest hotels and casinos, opened in 1975 and has 70 slots and six table games whilst the resort hotel has three restaurants and 110 rooms.
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