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Cyprus Betting Market Reaches New Heights In Q4 2025

Robust Growth Amidst Market Expansion

Cyprus’s betting sector recorded strong growth during the fourth quarter of 2025, with gross revenue from Class A and Class B operators increasing 22% year-on-year to €395.5 million, compared with €323.2 million during the same period in 2024. The results reflected continued expansion across both online and land-based betting activity, with digital platforms maintaining the strongest momentum throughout the quarter.

Differentiated Performance Between Online And Land-Based Operators

Online betting operators continued dominating the market, with Class B operators generating €301.5 million in revenue compared with €94.1 million from Class A land-based betting shops. According to the National Betting Authority, revenue from Class A operators increased 9% quarter-on-quarter and 4% year-on-year, while Class B operators recorded significantly stronger growth, rising 27% compared with Q4 2024 and 28% compared with Q4 2023. The figures further highlighted the sector’s continued shift toward online betting platforms.

Player Payouts And Earnings Analysis

Player payouts across both categories reached €348.2 million during the quarter, representing a 25% increase year-on-year, with online betting accounting for €271.5 million of the total. Across the full year, payouts increased to €1.17 billion, up 9% compared with 2024. At the same time, the gap between player pay-ins and payouts, reflecting betting earnings, widened to €47.4 million in Q4 from €45.5 million a year earlier. While earnings from Class A operators declined 5% to €17.4 million, Class B operators recorded a 10% increase to €30 million, further reinforcing the online segment’s stronger profitability.

Market Structure And Regulatory Oversight

The number of licensed Class A betting premises increased slightly to 467 during the quarter, indicating relative stability across the retail betting network. Regional distribution included 163 locations in Nicosia, 135 in Limassol, 84 in Larnaca, 49 in Paphos and 36 in Famagusta. Employment across licensed betting shops also increased 6% to 1,556 workers. Despite stable operator activity overall, licence cancellations and withdrawals rose sharply by 122% compared with Q4 2024, although the market continued operating with six active Class A operators and 13 Class B operators.

Strengthening Regulatory Measures

Regulatory oversight also intensified during the quarter as the National Betting Authority expanded efforts targeting illegal betting activity. By the end of December 2025, authorities had blocked 22,009 illegal betting websites, including 184 new websites added during the quarter. The increase reflected ongoing attempts to limit unlicensed digital betting activity and strengthen compliance across the sector.

Outlook

Strong growth in online betting activity alongside expanded regulatory enforcement continued shaping Cyprus’s betting market during 2025. The sector remained supported by rising digital participation, stable operator activity and continued oversight measures aimed at protecting market integrity.

Women Make Up A Majority Of The EU’s Science And Technology Workforce But The Real Gap Is Elsewhere

Women now make up the majority of the EU’s science and technology workforce. According to Eurostat, in 2025, more than 81.6 million people aged 15 to 74 were employed in science and technology occupations across the EU. Of those, 52.5% were women, equal to 42.8 million women. The number of women in these occupations rose by 27.9% compared with 2015, an increase of more than 9.3 million over a decade.

On the surface, the numbers resemble progress. However, Eurostat’s category requires context before that figure can be read accurately. The data refers to HRST, or Human Resources in Science and Technology, specifically people employed in science and technology occupations. These are roles where the main tasks require professional or technical knowledge in physical and life sciences, but also in social sciences and humanities. That definition is wider and broader than engineering, ICT, laboratory science, or high-tech research alone.

Zooming In

The gender picture changes once the data moves from a wider definition of the workforce to the narrower scientist-and-engineer (research and manufacturing) subgroup.

Scientists and engineers represented almost a quarter of all people employed in science and technology in the EU in 2025. Eurostat describes scientists and engineers as often being the innovators at the centre of technology-led development, making them an important subgroup to focus on separately.

Women accounted for only 40.8% of scientists and engineers in 2025, despite making up more than half of the wider category. That share has increased by a mere 0.5 percentage points over the past decade. The absolute number of women working as scientists and engineers rose from 5.3 million in 2015 to 8.2 million in 2025, despite the push from national and international organisations to increase the number of women in the field. Europe has expanded the number of women in science and technology occupations over ten years. However, that expansion has not extended equally into the scientist-and-engineer subgroup, where much of Europe’s research and innovation work is conducted.

In 2025, of the 39.4 million women aged 25 to 64 working in science and technology occupations in the EU, 35.5 million worked in service activities. Only 2.7 million worked in manufacturing. Women accounted for 57.5% of science and technology employment in services, but only 31.3% in manufacturing.

In 2025, the highest shares of women employed in science and technology occupations were recorded in Latvia at 62.4%, followed by Hungary’s Great Plain and North region at 61.1%, Estonia at 60.5%, Poland’s Central macroregion at 60.4%, and Lithuania at 60.3%. No EU country recorded a majority of women among science and technology workers in manufacturing.

Break-down

Eurostat’s figures measure employment in broad science and technology occupations. They do not show job security, pay levels, management roles, promotion rates, research leadership, or whether women are concentrated in junior or senior workplace positions.

The classification of “senior” also requires additional explanation. Eurostat reports that 45.9% of science and technology workers aged 25 to 64 in the EU were classified as “senior” HRST in 2025. In this dataset, “senior” refers to workers aged 45 to 64. It does not mean senior manager, senior researcher, team lead, or decision-maker.

A high female share in the wider Human Resource Science and Technology (HRST) category does not parallel equal representation across scientists, engineers, manufacturing roles, senior posts, pay, research funding, or decision-making. These figures also reflect the occupational mix inside each country or region, not only structural progress across all areas of science and technology.

The Case Of Cyprus

Eurostat data places Cyprus’s overall science and technology employment at 37.2% of the labour force in 2025, slightly above the EU-27 figure of 36.9%, and above Greece at 26.8%, Malta at 33.9%, and Turkey at 18.2%. This figure covers the total share of the labour force employed in science and technology across all genders.

Progress Or Work-in-Progress?

52.5% in the broad category. 40.8% among scientists and engineers. 31.3% in manufacturing. Europe’s gender gap in science and technology hasn’t closed yet, and there is still work to be done to encourage and support more women to enter the field, especially in research and manufacturing.

Let’s not wait another decade for another couple of percentage points of hope.

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