1 cyprus gaming jurisdiction

Cyprus gains momentum as a gaming jurisdiction: GDEV leads the way

Cyprus is gaining momentum as a gaming jurisdiction, with GDEV leading the way. The country’s talented workforce, innovative culture, and favorable business environment, including a low corporate tax rate of 2.5%, make it an attractive destination for game development and entrepreneurship. GDEV, formerly Nexters, has become a multinational corporation and the only Cypriot company listed on Nasdaq, with popular gaming franchises like “Hero Wars” and “Pixel Gun 3D.” Their success showcases Cyprus’s thriving tech and gaming scene, and their strategic milestones and acquisitions have solidified their position in the market. Despite challenges, GDEV remains resilient and looks to diversify and expand in the future, leveraging Cyprus’s business ecosystem and commitment to cuttingedge technologies.