Cypriot betting market records 330 million euros in revenue for Q2 2026

The betting sector in Cyprus demonstrated sustained growth during the second quarter of 2026, according to official data released by the National Betting Authority. Total gross revenues reached approximately 330 million euros for the period spanning April to June, marking an 11% increase compared to the 298 million euros reported during the same period in 2025.

Of the total revenue of 329,816,209 euros, 77,506,547 euros were generated by Class A operators (land-based betting), while Class B operators (online betting) accounted for 252,309,661 euros. Specifically, Class A revenues saw a 5% increase compared to the second quarter of 2025 and a 2% rise over the previous quarter. The report highlights that both terrestrial and online betting sectors contributed to the overall positive financial performance of the industry.

This growth trend underscores the expanding influence of betting services within the Cypriot economy. The National Betting Authority continues to monitor these metrics as the market maintains its upward trajectory in both regulatory and commercial sectors.