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Cyprus posts record sports betting win in Q1 2024

2nd July 2024 10:07 am GMT

Cyprus achieved record quarterly sports betting win of €36.1 million in the first quarter of 2024, a rise of 8 per cent year-on-year.

Total bets in the first quarter amounted to €321.5 million, with online sports betting up by 24 per cent to a new quarterly high of €236.8 million.

Gross win from online betting was also at a quarterly high, climbing by 14 per cent to €20.9 million.

Retail betting in Cyprus grew by 10 per cent [...]

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