ΠΕΡΙΓΡΑΦΗ

This comprehensive seminar explores the regulatory framework governing betting operations in Cyprus, focusing on the Betting Law of 2019 and the role of the National Betting Authority (NBA). Participants will gain in-depth knowledge of licensing requirements, AML obligations, and GDPR compliance specific to Class A (land-based) and Class B (online) operators. The course covers key topics such as KYC procedures, data protection, responsible gaming obligations, and advertising restrictions. Through real case studies, attendees will analyze regulatory breaches and enforcement actions. Ideal for professionals in legal, compliance, and operational roles, the seminar equips participants to manage risk and ensure full regulatory compliance.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

• Understand Cyprus’s legal and regulatory framework for betting advertising

• Identify prohibited content and comply with messaging rules

• Apply audience protection measures, including minor safeguards and consent rules

• Manage sponsorships, promotions, and influencer marketing within legal limits

• Use tools and checklists to develop fully compliant marketing campaigns

• Analyse case studies to recognize best practices and common pitfalls

• Anticipate future regulatory changes and promote ethical advertising practices

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This course is aimed at professionals working in licensed betting companies, both Class A (land-based) and Class B (online), as well as in law firms, compliance consultancies, or corporate service providers that advise or support betting operators.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course content

Module 1: The Betting Law of 2019 and the National Betting Authority

• Objectives of the Betting Law of 2019 (L. 37(I)/2019)
  - supervision,
  - compliance, and
  - EU alignment.
• Key articles
  - Article 4 – Role and powers of the National Betting Authority (NBA).
  - Article 7 – Licensing requirements for Class A (land-based) and Class B (online) operators.
• Differentiation between Class A and Class B licenses in terms of legal duties and operational scope.
• Practical overview of
  - obligations
  - licensing,
  - compliance, and
  - operational reporting.
• ‍

Module 2: AML Obligations and KYC Procedures in Betting Operations

• Article 21 of the Betting Law (AML duties for betting operators).
• Key AML obligations for Class A and B licensees.
• Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Ongoing Monitoring.
• Differences in online vs land-based operations.
• Internal procedures for developing and maintaining AML systems and controls.

Module 3: GDPR and Data Protection in Online Betting

• GDPR compliance for Class B operators (online betting):
  - Lawful basis for processing, transparency, and data minimisation.
  - Article 32 obligations on security and data breach protocols.
• Managing international data transfers in betting operations.
• Appointing and engaging a Data Protection Officer (DPO).
• Monitoring affiliates for NBA complianceStructuring internal
• Structuring internal GDPR policies and breach notification mechanisms..

Module 4: Advertising Restrictions and Responsible Gaming Messaging

• Article 35 of the Betting Law – Restrictions on advertising and marketing practices.
• Legal duties to avoid targeting vulnerable populations and using misleading promotions.
• In-store and online responsible gaming obligations.
• Practical development of tools: self-exclusion schemes, betting limits, and ethical marketing strategies.
• Internal staff training programmes on responsible gaming and ethical communication.

Module 5: Case Studies in Regulatory Breach and Enforcement

• Article 41 NBA enforcement powers and sanctions for breach.
• Case study: AML compliance failure (Class B) — issues with KYC and EDD.
• Case study: Advertising breach — targeting vulnerable clients and misleading claims.
• Case study: GDPR breach — failure to notify in time and insufficient security protocols.
• Group discussion

MEET YOUR INSTRUCTOR

Chrysothemi Valanidou

Chrysothemi Valanidou is an accomplished legal and compliance executive with over a decade of leadership experience in the international gaming sector. Currently serving as Director of Meridian Gaming (CY) Ltd, she plays a pivotal role in strategic business development, regulatory compliance, and organizational management. Her leadership ensures that the company operates within the highest standards of legal integrity and corporate responsibility. Her extensive career includes leading roles in compliance, legal affairs, and risk management, with proven expertise in Anti-Money Laundering (AML), GDPR, and Responsible Gaming frameworks. She is also a certified Safer Gambling Specialist and a seasoned representative before the National Betting Authority and other regulatory bodies.

Chrysothemi has contributed as a speaker and exhibitor at major international forums and gaming expos including ICE London, SBC Summit Barcelona, and the Cyprus Gaming Show. Her work has been featured in numerous publications for her impact in ESG, corporate sustainability, and women’s leadership in gaming. A member of the Cyprus Bar Association since 2015 and an active contributor to the Global Gaming Women network, Chrysothemi holds an LLB from the University of Huddersfield and has completed numerous professional certifications in AML, labor law, and gaming compliance. She is passionate about empowering women in the industry, promoting safer gaming practices, and fostering transparent, responsible business practices in a highly regulated environment.