Police said on Wednesday they were investigating possible match fixing after suspiciously high betting activity was reported during a first division league game.
The so-called red file was sent by European football governing body UEFA and concerns the September 26 fixture between champions APOEL and Limassol minnows Aris, which ended 4-0.
Police spokesman Andreas Angelides confirmed they had received the report and were now studying it ahead of launching an investigation.
It is not the first time UEFA has conveyed information about suspiciously high betting activity in specific football games in Cyprus.
So far none of those cases have been brought before justice.
In its 2015 report, international match fixing watchdog Federbet lists Cyprus, along with Albania, Malta, Montenegro, Bulgaria, Canada and Indonesia as “countries where it is impossible to bet.”
According to Federbet, “the risk of bankruptcy, no salary payments, and, in the case of Cyprus, conflict of interest, are the perfect substrate for the development of match-fixing.”
It reported that every week, European betting houses remove en bloc matches from leagues like Cyprus, Albania and Malta, “because they clearly reflect signs of being fixed.”
“The Asian betting market, which is completely unregulated and which it would be impossible to establish any kind of control measures for, moves – albeit these are indicative figures – around $80bn every week.”