Experience the Thrills of Online Gambling in Iceland

Discover the excitement and rewards of online casinos in Iceland. As most sites are operated by foreign companies, it’s essential to do your research before diving into the world of online gambling. This guide will provide you with all the necessary information to ensure a fantastic gaming experience at international online casinos.

Discover the Fascinating History of Gambling in Iceland

Iceland was once a thriving hub for gambling, but in recent years, the country has cracked down on these businesses and online casinos have struggled to gain a foothold. Before the ban, there were strict gambling laws in place to regulate the industry. However, over time, these laws have changed and evolved. Let’s take a journey through some of the major moments in Iceland’s rich gambling history.

1926 – The Birth of Icelandic Gambling: In 1926, Iceland approved its first gambling law and added it to their legislation during the European casino and gambling boom. This made Iceland one of the first countries to regulate their gambling industry. However, this act also made all other forms of existing gambling illegal.

1933 – The University Lottery Amendment: In 1933, an amendment was made to allow the University of Iceland to operate their own lottery with one condition – 8% of proceeds must go towards the university’s funds. This led to an increase in charity lotteries throughout the country. State-owned lotteries also began to emerge during this time and are still prevalent today.

1994 – The Introduction of Land-Based Casino Slot Machines: In 1994, land-based casino slots were approved for operation in Iceland, with the stipulation that all profits must go towards charity. These popular slot machines are still legal and widely available in the country today.

The Ban on Local Online Casinos: Unfortunately, due to strict regulations, it is impossible to find a locally-operated online casino in Iceland. However, players can still enjoy online gambling by using top international casinos. Thankfully, there are no laws prohibiting this type of play.

Discover the Exciting Future of Online Casinos in Iceland

While local online casinos are not yet available in Iceland, players can still enjoy remote gaming sites. This has led to a rise in popularity for international online casinos, as more people are curious about what they have to offer. We anticipate changes in gambling laws that will allow locally-owned Icelandic online casinos to provide access to casino games, providing a seamless gambling experience for players.

The future looks bright for casino players in Iceland, with potential changes on the horizon to accommodate online gambling. It’s possible that we will see Icelandic online casinos emerge soon. And if you’re an online casino player in Iceland, unrestricted online gambling may be closer than you think.

Are Online Casinos Legal in Iceland?

Currently, there are no locally-licensed online casinos operating in Iceland. The current legislation has placed a complete ban on the online gambling industry. As a result, players must seek out reputable offshore casinos with proper licenses from other countries. It is not illegal for Icelandic players to participate in international casino gaming, so they can explore offshore options that accept them.

There are numerous offshore gambling sites ready and willing to welcome players from Iceland. However, it is important to research and choose suitable casino sites that offer top-notch gameplay experiences. This ensures that you don’t end up playing at subpar Icelandic casino sites.

Be sure to take your time and explore the market for the best full-fledged ISK offshore casino sites available. Keep in mind that the legal age for all types of gambling is 18 years old, so underage individuals cannot access any type of casino – whether it be land-based or online.

Deposit & Withdrawal Limits at Iceland Casinos

As there are no specific gambling regulations in Iceland, limitations will vary depending on the casino you choose to join. This includes deposit and withdrawal limits. Before joining an online casino, be sure to check their minimum and maximum limits for deposits and withdrawals.

These limits can also be a factor in choosing which casino to join. The best online casinos have flexible limits to accommodate players of all levels, ensuring that everyone can enjoy playing various casino games.

Online Casino Licenses in Iceland

Iceland does not currently offer any online casino licenses. Therefore, players who wish to play at the top online casinos must look for offshore sites with proper licenses from other countries. It’s important to take the time and research casinos with high-quality offerings such as online slots, live casino games, roulette, and other popular options.

When selecting a casino based on its license, it’s best to choose those regulated by reputable authorities such as the Malta Gaming Authority, UK Gambling Commission, or Curacao eGaming. These licensing bodies have strong reputations and ensure that their affiliated casinos provide the best possible gaming experiences.

Promoting Responsible Gambling in Iceland

The fear of an increase in problem gamblers is one of the reasons why all forms of gambling are not yet legal in Iceland. As a result, any offshore casino accepting Icelandic players must offer measures for responsible gambling to protect them from developing harmful habits.

The demand for safe online casinos has grown with increased access to gambling in the country, making responsible gambling a top priority in Iceland. The best Icelandic casinos offer various measures such as time limits, self-exclusion options, and deposit limits. Some even collaborate with responsible gambling organizations to assist players with this issue.

Helpline for Problem Gamblers in Iceland

While there are no localized helplines for problem gamblers in Iceland, there are several associations that can provide assistance. One of these is the Nordic Society Foundation for Information about Problem Gambling.

This association covers players from Denmark, Iceland, Finland, and other Nordic countries. You can reach them by email at [email protected] or by phone at +358407608507 – whichever is more convenient for you.

Taxation on Online Casino Winnings in Iceland

As players can only access casinos with offshore licenses, they are not subject to local taxes except for income taxes and VAT that must be paid on transactions into their local bank account.

If you have winnings from online gambling activities in Iceland, it’s important to review the country’s tax laws to understand your obligations. Until any changes are made to the current laws governing online gambling operations, it remains technically tax-free in Iceland.

Casino Bonuses Available in Iceland

When playing at top Icelandic casino sites, players can enjoy access to a wide variety of exciting bonuses. These offers can be claimed after registering or making a first deposit, depending on the specific casino. They are designed to attract new players and retain existing ones.

You can use these bonuses to enhance your gambling experience and increase your chances of winning. As you explore popular casino games, be sure to take advantage of bonuses such as no deposit offers, reload bonuses, free spins, matched deposits, and more.

  1. Exclusive Welcome Bonus: Join an online casino and receive a special welcome bonus. These bonuses come in various forms, including the highly sought-after no-deposit bonus. No deposit is required to claim this offer – simply enter a bonus code or complete your registration. You may also receive free spins or cash offers as part of the bonus package.
  2. Matched Deposit Bonus: Most casinos also offer a matched deposit bonus as part of their welcome package. To claim this offer, you must make a deposit. The amount of your deposit will be matched by the casino, and you may also receive free spins to use on slot games.
  3. Cashback Rewards: Gambling comes with its fair share of losses, which is why online casinos have introduced cashback rewards. If you experience any losses during your time at the casino, they will give you a percentage back as a reward for your loyalty. These rewards are typically offered on a weekly, monthly, or daily basis.
  4. Spin to Win: If you love video slots, then you’ll love the spin to win offer available at most online casinos. This special bonus gives players multiple free spins on slot machines without having to pay for them. Any winnings earned from these free spins are yours to keep without any risk involved.
  5. Bonus Reloaded: The longer you play at an online casino, the more likely it is that they will reward you with a reload bonus. Similar to a matched deposit bonus, this offer requires some activity at the casino before it can be claimed. A bonus reload is a great way to continue your journey at an online casino, as it helps boost your bankroll and increase your chances of winning.
  6. Special Offers: Casinos often have special offers tailored to individual players or certain seasons, holidays, or events. These offers can range from birthday bonuses to limited-time promotions. Check the casino’s bonus page or read reviews to see if there are any special bonuses available for you to claim.

Bonus Wagering Requirements

The best online casinos in Iceland have fair wagering requirements, but it’s important to know them before claiming any bonuses. These requirements must be met before you can withdraw any winnings earned from bonus gambling. They include:

  • The number of times you must wager the bonus funds
  • The maximum bet allowed
  • The specific games that contribute towards meeting the requirements
  • The maximum win limit per bet

Top Payment Methods in Iceland Casinos

Funding your account quickly and withdrawing winnings efficiently are essential for an enjoyable gambling experience. Before choosing a legal online casino, be sure to check out their payment methods. It’s crucial to choose a site with convenient payment options that allow for hassle-free deposits and withdrawals.

If you’re not sure which payment methods are best for online gambling in Iceland, take a look at some of our top recommendations below.

Skrill: Easily one of the most popular payment methods among Icelandic casinos, Skrill offers a user-friendly service for making deposits and claiming bonuses. When you’re ready to withdraw your winnings, it’s just as easy. Many top online casinos offer Skrill as a payment option, and the Skrill app may even have exclusive bonuses available.

Neteller: Neteller is another excellent payment option for online gambling in Iceland. Like Skrill, it’s straightforward to use and offers convenient features. You can also find exclusive casino offers on the Neteller platform.

Bank Transfer: If you prefer traditional methods of payment, a bank transfer may be your best bet for playing at an online casino in Iceland. While not as speedy as e-wallet options, it’s still a reliable and secure way to deposit and withdraw funds from your casino account.

Credit Cards: If bank transfers aren’t your thing, you can always use credit cards to gamble online – just like any other purchase made online. It’s also possible to withdraw funds from your casino account using this method, although it may take longer than other options.

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 the Steps to Register at Online Casinos in Iceland

Ready to join an online casino? Follow these simple steps to create your account and start playing. Don’t worry, it’s easy and hassle-free. But before you begin, there are a few things to keep in mind.

Estimated Time Needed: 00:05

Tools Needed: An Account

Supplies Needed: Your Time and Money

How to step

Step 1

Verify License and Reputation of the Casino

Before signing up, make sure the casino holds a reputable license from authorities like MGA, UKGC, or Curacao. This ensures a safe and enjoyable gambling experience with top-notch reputation.

How to step

Step 2

Explore the Variety of Games Offered

Check out the casino lobby for a diverse selection of games, including mobile options. This way, you can easily play on-the-go without any restrictions.

How to step

Step 3

Take Advantage of Available Bonuses

Make sure to also consider the bonuses offered by the casino, such as free spins, deposit bonuses, and more. These can greatly enhance your gambling experience.

How to step

Step 4

Ensure Reliable Customer Service

In case you encounter any issues while playing at an ISK casino, it’s important to have reliable customer service. Look for casinos with uninterrupted support available at all times.

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

What Sets Our Online Casino Listings in Iceland Apart

1

Verified Licensing and Reputation

We only feature casinos with legitimate licenses and a strong reputation. This ensures the safety and trustworthiness of our listed casinos, as they operate under strict laws and regulations. We thoroughly review each casino’s reputation before listing them on our website.

2

Generous Bonuses for New and Active Players

Our evaluations include the bonuses available to both new and active players. We want our readers to know what rewards they can expect upon registration and deposit, as well as ongoing promotions for loyal players. Only casinos that reward loyalty and consistency make it onto our website.

3

Wide Selection of Games from Top Providers

We carefully consider the game catalogues of each casino to ensure that players have access to a variety of options, from online slots to roulette and other table games. We also review the other casino games offered to guarantee the best gaming experience. Additionally, we look at the list of providers that the casino partners with to ensure top-quality gameplay.

4

Reliable Customer Support

We understand the importance of efficient customer service in addressing any issues that may arise while playing at an online casino. That’s why we thoroughly check all available customer support channels for ease of access and responsiveness.

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 Exciting World of Online Casino Games in Iceland

As a player in Iceland, you have the opportunity to explore a wide selection of casino games from various European countries. With different versions available, you can easily find your favorites without any complications. Check out some of the top online casino games that are popular among Icelandic players.

A Diverse Selection of Casino Games at Your Fingertips

With access to multiple online casinos, you can enjoy a variety of casino games depending on your preferences. And with the convenience of mobile gaming, you can play anytime and anywhere without any hassle.

Icelandic players have the freedom to join offshore casinos without any legal repercussions, giving them access to an extensive collection of games and bonuses. To make the most out of your online gaming experience, take your time to research and find the best online casinos that suit your needs.

Discover the Benefits of Playing at Iceland Casinos

While there are currently no locally-owned casinos in Iceland, players from the country can still enjoy the excitement of online gambling. Thanks to European legislation, players cannot be prosecuted for participating in online gambling, making it a safe and accessible option for Icelandic players. Here are just a few of the benefits you can expect when playing at online casinos in Iceland.

At online casinos in Iceland, you’ll have access to a vast selection of casino games. With new games added regularly and classic favorites available, there’s something for every type of player.

With so many options to choose from, finding your preferred game may be the biggest challenge. Luckily, most online casinos offer filtering features to help you narrow down your choices and start playing right away.

Discover the Best Online Casinos in Iceland: A Comprehensive Checklist

Before you embark on your online gambling journey in Iceland, there are a few important factors to consider. If you’re new to the world of online casinos, our detailed checklist will guide you through the process of choosing the perfect casino for your needs.

  • Licensing and Regulation
  • Security Measures
  • Promotional Offers
  • Variety of Games
  • Trusted Providers
  • Convenient Payment Options
  • Multilingual Support
  • Terms and Conditions Awareness

Safety and Security: Your Top Priority at Online Casinos in Iceland

Prioritize your safety by thoroughly assessing the security measures implemented by any online casino in Iceland. Look for valid SSL certificates and other protective measures to ensure that your personal information is kept secure at all times.

Multilingual Customer Support for a Seamless Experience

Gambling should be fun and hassle-free, which is why it’s essential to choose an online casino that offers customer support in Icelandic. This way, you can easily communicate any concerns or queries in your preferred language.

Iceland-Friendly Payment Options for Convenient Transactions

To make depositing and withdrawing funds a breeze, make sure that the online casino you choose offers payment options suitable for players from Iceland. Take a look at their list of available methods before signing up.

The Future of Gambling in Iceland

Iceland has a long history with gambling, but recent laws have made most forms of it illegal. However, players can still enjoy online gambling at offshore casinos. Browse our list to find the perfect option for you and start playing today!

Meet Barb Oguz

With years of experience in the iGaming industry, Barb brings a wealth of knowledge to the table. From content creation to project management, he has made valuable contributions to numerous brands and websites within the industry. With degrees in both translation and business, he now leads our content writing and translation teams here at New Casino.

Frequently Asked Questions

Are Online Casinos Legal in Iceland?

Online casinos are not authorized in Iceland. However, players in the country can still enjoy gambling at offshore-licensed casinos.

Do I Have to Pay Taxes on My Online Gambling Winnings in Iceland?

You are not required to pay taxes directly on your online gambling winnings in Iceland since it is not regulated within the country.

What Are the Most Popular Payment Methods for Icelandic Casino Sites?

Some of the most popular payment options for Icelandic casino sites include Skrill, bank transfers, Neteller, credit/debit cards, and cryptocurrency.

What Types of Games Can I Play at Online Casinos in Iceland?

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

Is Customer Support Available in Icelandic at Online Casinos?

Some online casinos offer customer support services in multiple languages including Icelandic to ensure a seamless and enjoyable gambling experience for players.

Can I Deposit and Withdraw Using Bank Transfers at Iceland’s Casinos?

Many online casinos allow you to deposit and withdraw funds using bank transfers, making it convenient to fund your account when playing in Iceland.

Can I Gamble at Offshore Casinos while in Iceland?

Although online casinos are illegal in Iceland, you can still gamble at offshore casinos without any restrictions.

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