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Experience the Thrills of Online Casinos in Iceland

Are you ready to embark on an exciting journey of online gambling in Iceland? As a country with primarily foreign-run sites, it’s essential to do your research and find the best casinos for an unforgettable gaming experience. With this guide, you’ll have all the information you need to dive into the world of international online casinos and discover endless opportunities for fun and rewards.

Discover the Fascinating History of Gambling in Iceland

Once a bustling center for gambling, Iceland has since banned these establishments and online casinos struggle to gain a foothold. But before the ban, strict legislation governed the industry, leading to distinct eras in Iceland’s gambling history. Let’s take a closer look at some of the pivotal moments that shaped gambling in this country.

1926 – Lottery Act: In 1926, Iceland passed its first gambling law, making it one of the earliest countries to do so during Europe’s casino boom. The Lottery Act was later added to regulate the industry further but also made other forms of gambling illegal.

1933 – Amendment of the Lottery Act: An amendment in 1933 allowed the University of Iceland to run its own lottery, with a portion of proceeds going towards charity. This led to an increase in state-owned lotteries that still exist today.

1994 – Approval for Land-Based Casino Slot Machines: In 1994, land-based casino slots were given permission to operate as long as all profits went towards charity. These popular games can still be found in the country.

Ban on Local Casinos: Local online casinos in Iceland are not licensed by the authorities, forcing players to turn to international casinos for their gaming needs. However, there are no laws prohibiting people from playing at these offshore sites.

The Exciting Future of Online Casinos in Iceland

While local online casinos are not yet established in Iceland, players can still enjoy remote gaming sites. As a result, international online casinos are gaining popularity in Iceland, drawing more attention from interested players. With hopes for changes in gambling laws, we anticipate the emergence of locally-owned online casinos that provide a seamless gambling experience for players.

The future looks bright for casino enthusiasts in Iceland as we expect developments to accommodate online gambling. Soon enough, Icelandic online casinos may start popping up. And if you’re one of the many players who enjoy gambling online in Iceland, unrestricted access to your favorite games may be closer than you think.

Are Online Casinos Allowed in Iceland?

Currently, there are no locally-licensed online casinos operating in Iceland. The current legislation has placed a ban on the entire online gambling industry. However, this does not mean that international casino gaming is illegal in the country. In fact, Icelandic players have access to offshore casinos that accept them.

There are numerous reputable online gambling sites available for Icelandic players to choose from. The only challenge is finding the right one that offers a top-notch gaming experience. So take your time and research thoroughly before joining any casino site based outside of Iceland.

You should also keep in mind that the legal age for gambling is 18 years old. This applies both to land-based and online casinos – you must be above this age to participate.

Deposit & Withdrawal Limits at Icelandic Casinos

In the absence of specific regulations on gambling activities in Iceland, deposit and withdrawal limits vary among different casinos. Before joining any online casino, make sure to check their minimum and maximum limits for deposits and withdrawals.

These limits can also be a deciding factor when choosing which casino to join. The best online casinos have flexible limits that cater to all types of players, ensuring an inclusive gaming experience for everyone.

Online Casino Licenses in Iceland

As there are no local licenses for online casinos in Iceland, players must look for offshore casinos with reputable licenses. This requires some research to find the best sites offering top-notch online slots, live casino games, roulette, and other popular games.

When selecting a casino based on its license, consider well-known authorities such as the Malta Gaming Authority, UK Gambling Commission, or Curacao. These regulatory bodies have a strong reputation and only endorse casinos that offer the best gambling experiences.

Promoting Responsible Gambling in Iceland

The fear of an increase in problem gambling cases is one of the reasons why all forms of gambling are not yet legal in Iceland. Therefore, offshore casinos accepting Icelandic players must provide responsible gambling measures to prevent this issue from worsening.

The demand for safe online casinos has grown with increased access to these sites in Iceland. As a result, responsible gambling has become a priority. The best Icelandic casinos offer various measures such as time limits, self-exclusion options, and deposit limits to help prevent problem gambling. Some even collaborate with responsible gambling organizations to assist players who may be struggling with addiction.

Support for Problem Gamblers in Iceland

Although there are no localized helplines specifically catering to problem gamblers in Iceland at the moment, there are various associations that can provide assistance. One of these is the Nordic Society Foundation for Information about Problem Gambling.

This organization serves players in Denmark, Iceland, Finland, and other Nordic countries. You can contact them via email at [email protected] or by phone at +358407608507, whichever is more convenient for you.

Taxation of Online Casino Winnings in Iceland

Since players can only access offshore casinos with licenses from other countries, they are not subject to local taxes. However, income taxes and VAT must be paid on any transactions made into a local bank account.

It’s recommended to review the country’s tax laws for more information on taxation and how to go about it. As long as gambling laws remain unchanged in Iceland, online gambling activities are technically tax-free.

Casino Bonuses in Iceland

The best casino sites in Iceland offer a wide range of exciting bonuses for players to enjoy. These offers can be claimed after completing registration or making a deposit, depending on the specific casino’s terms and conditions. Bonuses are given as incentives to attract new players and keep existing ones interested.

You can use these bonuses to enhance your overall gambling experience and potentially increase your winnings while playing popular casino games. Keep an eye out for no deposit bonuses, reload offers, free spins promotions, matched deposit bonuses, and other enticing offers as you plan your gaming sessions at top Icelandic casinos.

  1. Exclusive Welcome Bonuses: As a new member of an online casino, you will receive a special welcome bonus in most cases. These bonuses come in various forms, one of which is the no-deposit bonus. With this type of bonus, you can claim a package without having to deposit any money. Depending on the casino, you may need to enter a bonus code or simply complete your registration. Additionally, no-deposit bonuses often include free spins or cash offers.
  2. Matched Deposit Bonus: Another common type of welcome bonus at online casinos is the matched deposit offer. In order to claim this bonus, you will need to make a deposit first. Usually, the amount you deposit will be matched by the casino and in some cases, you may also receive free spins as an extra perk. This is especially beneficial for those who enjoy playing slot games.
  3. Cashback on Losses: In gambling – whether it’s online or land-based – losses are inevitable. As such, it’s important to be prepared for them when entering this industry. To help enhance your overall experience and mitigate potential losses, many online casinos offer cashback on your losses. This typically applies to any losses incurred during a specific time period (e.g. week, month, day) depending on the particular casino and their promotion.
  4. Bonus Free Spins: This type of bonus is primarily geared towards players who enjoy video slots. The bonus free spins provide players with multiple opportunities to spin the reels for free while playing slot machines online. Essentially, you can spin the reels a specific number of times without having to pay for each spin. This means that any winnings you earn during these free spins are completely risk-free.
  5. Reload Bonus: This offer is typically available to active players who have been playing at the casino for some time. It’s similar to a deposit bonus, but in order to claim it, you must have made some previous activity on the site. The reload bonus is an excellent way to continue your journey at an online casino as it can help boost your bankroll and increase your chances of winning.
  6. Special Promotions: Some casinos offer special promotions that are tailored specifically to individual players or certain seasons/events. These promotions can range from birthday bonuses to holiday specials, so be sure to check the casino’s bonus page or read reviews for any potential special offers.

Bonus Wagering Requirements

The top online casinos in Iceland have fair wagering requirements, but it’s important to know what these requirements are before claiming any bonuses. These requirements must be met before you can withdraw any winnings from your bonus gambling activities and may include:

  • The number of times you need to wager the bonus funds
  • The maximum bet allowed
  • The specific games that contribute towards meeting the wagering requirements
  • The win limit for each bet

Top Payment Methods Accepted at Iceland Casinos

In order to fully enjoy your gambling experience, it’s important that you choose an online casino with convenient and efficient payment methods for both deposits and withdrawals. Before selecting a legal online casino in Iceland, make sure they offer a variety of secure payment options. Some popular options to consider include:

Skrill: One of the top payment methods accepted at Iceland casinos is Skrill. It offers an easy-to-use service for depositing and claiming bonuses, as well as quick and hassle-free withdrawals. Many reputable online casinos offer Skrill as a payment option, and you can also find exclusive bonuses on the Skrill app.

Neteller: Similar to Skrill, Neteller is another popular and reliable payment option for playing at top online casinos in Iceland. Its user-friendly platform and convenient features make it a great choice for making deposits and withdrawals. You can also find exclusive casino offers on the Neteller platform.

Bank Transfer: If you prefer a more traditional method of banking, bank transfers are also accepted at many online casinos in Iceland. While not as fast as e-wallet options, bank transfers are convenient for directly transferring funds from your bank account to your casino account (and vice versa) without any additional steps.

Credit Cards: Credit cards are another popular option for funding your online casino account. This method is similar to making any other purchase or transaction online. You can also use credit cards to withdraw funds from your casino account, although this may take slightly longer than other methods.

Best Ranking Iceland Casino Sites

Best by CategoryCasino

Best Iceland casino bonus

N1Bet Casino

Best game collection for Icelandic players

888 Casino

Top Iceland casino for mobile players

Stakes Casino

Best choice for slot games for Icelandic players

Mr Slots Club

Best overall Iceland casino

Vulkan Vegas Casino

Discover How to Register at Online Casinos in Iceland

Ready to join an online casino? The registration process is simpler than you think. Just follow these steps and you’ll be good to go. Head over to the registration page, enter your details, confirm and verify your account, and complete the process. But before that, there are a few things you should keep in mind.

Estimated Time Required: 00:05

Tools Needed: An Account

Supplies Needed: Time and Money

Step-by-Step Guide

Step 1:

Check for License and Reputation

Make sure the casino holds a valid license from a reputable gambling authority like MGA, UKGC or Curacao. This ensures an amazing gambling experience and guarantees their credibility.

Step 2:

Explore the Variety of Games

Take a look at the games available in the casino lobby. It’s great to find a mix of mobile games and other casino games, so you can play on-the-go without any hassle.

Step 3:

Claim Amazing Bonuses

Check out the bonuses offered by the casino. Look for free spins, deposit bonuses, no-deposit bonuses and other exciting offers to enhance your gambling experience.

Step 4:

Ensure Reliable Customer Service

Playing at ISK casinos can come with its fair share of challenges. Make sure you choose one with reliable customer service that is available round-the-clock to assist you with any issues that may arise.

Pros & Cons of Iceland Casino Sites

Iceland might not have any locally run online casinos now, but Icelandic players can enjoy online gambling at offshore sites. Several options are available, whether they are looking to play at a mobile casino or desktop site. In that case, there are pros and cons to playing at these casinos in Iceland. Join us to explore them in this section.

Pros

Unlimited access to top-notch online casino games Mobile gambling without restrictions Bonuses, promotions, and specials for new and existing players Live dealer casinos for immersive experience

Cons

No locally-run online casinos in Iceland Must take chances with offshore casinos

Discover How We Evaluate and Rank Online Casinos in Iceland

1

License and Reputation: The Cornerstones of Trustworthiness

Playing at a licensed casino is crucial for your safety and security. That’s why we carefully review the licensing and reputation of each casino before featuring them on our site.

2

Exciting Bonuses for New and Returning Players

We take a close look at the bonuses offered to new players as well as ongoing promotions for loyal customers. Only casinos that truly value their players make it onto our list.

3

Extensive Game Selection from Top Providers

From thrilling online slots to classic table games like roulette, we carefully evaluate the game catalogue of each casino to ensure you have access to top-notch entertainment. We also consider the list of game providers to guarantee a premium gaming experience.

4

Quick and Efficient Customer Support

We understand that issues may arise while playing at an online casino. That’s why we make sure that the customer support team is easily accessible and responsive, ensuring a hassle-free experience for our readers.

Top 5 Online Casinos in Iceland

RankNameFound YearLicenseBonus

#1

Vulkan Vegas Casino2017Curacao100% up to €1000 + 25 free spins

#2

Stakes Casino2016Curacao100% up to €500 + 100 free spins on Book of Dead

#3

N1Bet Casino2021Curacao100% up to €100 + 150 free spins

#4

888 Casino1997UKGC-MGA-GBGA100% up to €200 + 25 free spins

#5

Wild Fortune2020Malta Gaming Authority100% up to €100

Discover the Thrill of Online Casino Games in Iceland

Get ready to experience the excitement of playing at online casinos from other European countries. With a plethora of casino games available, you’ll have no trouble finding your favorites. Take a look at some of the most popular options for Icelandic players below.

A Diverse Selection of Casino Games Awaits You

The range of casino games available to you will depend on which online casino you choose to join. The best part is that these games can be played on-the-go, thanks to the availability of mobile casino gaming at most Icelandic online casinos. This means you can start playing at top-rated online casinos anytime and anywhere without any hassle.

Icelandic players have the freedom to play at offshore casinos without fear of persecution, even without favorable online gambling laws. This opens up a world of opportunities for diverse casino games and bonuses. All it takes is some research to find the perfect online casino for you.

The Benefits of Playing at Iceland Casinos

Although there are no locally-owned casinos in Iceland, players from the country can still enjoy the excitement of online gambling. Despite being prohibited in Iceland, European gambling laws protect players from prosecution for playing at online casinos. This means that if you choose to play at an online casino in Iceland, you can take advantage of the following benefits:

When you play at an online casino, you will have access to a vast array of games. These casinos regularly add new games to their collection and also feature classic titles for those seeking a nostalgic experience.

With so many options available, the only challenge will be choosing which game to play first! Luckily, most online casinos offer filtering features to help you find your preferred game quickly and easily.

Essential Guide: Registering at a Casino in Iceland

Before signing up at any online casino in Iceland, there are important factors to consider. If you’re new to the world of online gambling, we’ve put together a comprehensive checklist for when you decide to join an Icelandic casino. This guide will assist you in making informed choices when selecting the perfect casino.

  • Licensing
  • Security measures
  • Bonus offers
  • Game selection
  • Featured providers
  • Payment options available
  • Language support
  • Terms and conditions review

Safety & Security First

Prioritizing safety and security is crucial when signing up at an online casino in Iceland. Be sure to check for a valid SSL certificate and other security measures in place to protect your personal information.

Icelandic Customer Support

Selecting a casino with customer support available in Icelandic is advantageous as it ensures seamless communication in your preferred language. Keep this on your checklist when searching for an ideal gambling platform.

Iceland-friendly Payment Options

To make deposits and withdrawals hassle-free, ensure that the chosen casino offers payment methods suitable for Icelandic players. Review their list of payment options before registering.

In Conclusion

Although gambling used to be widely accepted in Iceland, it is now mostly illegal. As a result, players can only participate in online gambling from offshore casinos. Browse our recommended options and select one to begin playing casino games at an Icelandic online casino.

Meet Barb Oguz

With a wealth of experience in the iGaming industry, Barb has been a valuable contributor to numerous brands and websites. Holding degrees in both translation and business, he now leads content writing and translation efforts at New Casino.

Frequently Asked Questions

Are online casinos allowed in Iceland?

Unfortunately, online casinos are not currently permitted in Iceland. However, players can still enjoy offshore-licensed casinos from within the country.

Do I have to pay taxes on my online gambling winnings in Iceland?

No, you do not have to directly pay taxes on any online gambling winnings in Iceland as it is not regulated by the country.

What are the most commonly used payment methods at Icelandic casino sites?

Popular options for depositing and withdrawing funds include Skrill, bank transfers, Neteller, credit/debit cards, and cryptocurrency.

Which types of games can I play at online casinos in Iceland?

Depending on the specific site you choose to join, you will have access to a variety of games such as slots, table games, progressive jackpots, and other classic casino favorites.

Is customer support available in Icelandic at online casinos?

Some casinos offer multiple language options for customer support services, including Icelandic. This ensures a more enjoyable experience for players from Iceland.

Can I use bank transfers to deposit and withdraw funds at Icelandic casinos?

Many online casinos accept bank transfers as a method for both depositing and withdrawing funds. This makes it easy to fund your account while playing in Iceland.

Is it legal to play at offshore casinos in Iceland?

While online casinos may be illegal in Iceland, players can still access and play at offshore casinos without any legal repercussions.