COMPANY PROFILE

MEGABET PLUS is the largest betting chain and is considered one of the leading companies in Cyprus.

"Betting" in Oxford Dictionary is Defined as follow: “The action of gambling money on the outcome of a race, game, or other unpredictable event”.

 

MEGABET PLUS, the largest betting chain, is considered one of the leading companies in Cyprus which quickly became known for the very good odds and the number of matches and markets offered.

 

The company was established for the first time in August 1987 under the name SPORTSMAN BETTING CO LTD as a private limited company. In February 2000 it was renamed to MEGABET LTD and March 2005 renamed MEGABET PUBLIC COMPANY LTD.

 

In November 2012 the company was purchased by LP THE PRO (MERIDIAN CYPRUS) LTD and renamed MEGABET PLUS LTD. In January 2013 the company merged with TOP SPORT and in December of the same year bought KORONA BET and BETENA. In July of 2014 the company bought BHTABET ltd and in 2017 MEGABET PLUS LTD bought MYBET CYPRUS LTD company.

 

In September of 2018 by the closing from National Betting Authority of Royal betting ltd, MEGABET PLUS LTD manage to absorbed more than the 50% of the flagship stores of this company also a number of 26 shops. Then, from December 2018, CLEVERPATH HOLDINGS LTD is operating under the name MEGABET PLUS.

 

After in May 2019 company buy 22 shops of SCOREBET LTD and acting under three brand names as follow, Megabet Plus, Scorebet and www.megabetplus.com.cy. Cleverpath Holdings Ltd provides two different franchise lines in the market on the retail shops that licenced by Class A, one according megabetplus standards and the other with scorebet standards.

 

MEGABET PLUS offers unique experience to the customers and offers a big range of markets to bet on all popular sports like football, basketball, Formula 1, snooker, tennis, track racing, volleyball, golf, boxing, cricket, rugby, baseball, handball, hockey, ice hockey, futsal, American football, darts, water polo, WRC, Moto GP, cycling, Eurovision song contest and the Oscars.

 

CLEVERPATH HOLDINGS LTD under the name MEGABET PLUS has Class A (014) and Class B (011) license from the National Betting Authority of Cyprus, which allows to conduct sports betting in shops within the Republic of Cyprus and online at www.megabetplus.com.cy.