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Online Casinos in Iceland

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While Iceland is home to many cultural fascinations and historic landmarks, gamblers in this country have been confused for a while about the state of this activity in their country.

If you’re curious about the gambling industry in Iceland, this is the best review for you as we’ll explain the history behind Iceland’s online betting and gambling, live casinos in the country, and all the bonuses you stand to gain.


Best Online Casino in Iceland🏆

Although the gambling laws in Iceland are a little bit rocky, it doesn’t mean Icelanders can not find the best casino sites for their enjoyment. There is a lot to look for when choosing the best Iceland Casinos for you, such as games, payment methods and more which is what we’ll discuss further in this article. Below you’ll find a list of some of the best online casinos available that come highly recommended.

Number Casino Rating Bonus Freespins Info Play Now
1 star-full star-full star-full star-full star-half 888 Casino Review € 100 Bonus 30 Freespins Play Now
2 star-full star-full star-full star-full star-half Betway Review € 10 Per Week Bonus 200 Freespins Play Now
3 star-full star-full star-full star-full star-empty Wildz Review € 500 Bonus 200 Freespins Play Now
4 star-full star-full star-full star-full star-full Unibet Review € 100 Bonus 0 Freespins Play Now
5 star-full star-full star-full star-full star-half Casumo Review € 300 Bonus 20 Freespins Play Now
6 star-full star-full star-full star-full star-empty Rant Casino Review € 1.000 Bonus 0 Freespins Play Now
7 star-full star-full star-full star-full star-empty Genesis Casino Review € 1.000 Bonus 300 Freespins Play Now
8 star-full star-full star-full star-half star-empty LeoVegas Review € 400 Bonus 20 Freespins Play Now
9 star-full star-full star-full star-full star-empty Royal Panda Review € 1.000 Bonus 0 Freespins Play Now

18+ | T&C's Apply | Gamble Responsibly and only bet money that you can afford to lose. Read more about how we rate online casinos.

Online Casino Iceland

History of Gambling in Iceland📜

Over the years, we have watched the Iceland government make and amend rules regarding gambling in the country. So many events have happened that have shaped the country’s current state of law, all of which we will discuss in this review.

It started in 1926 when The Lotteries Act was enacted. Many Icelanders participated in lotteries outside the country, so the government worried about the outflow of capital leaving the country. This led to the approval of this act in 1926, which stated that the running of any Iceland online casino was illegal.

This was when other countries were letting gambling run unregulated in their countries. Iceland was amongst the first countries to put a stop to this activity.

This went on until 1933, when the University of Iceland needed to raise funds for certain purposes. They declared the lottery creation as a means by which people can pay to bet and gamble, with 80% of the total funds being transferred to the University’s account for charity purposes. Since then, Iceland has allowed the creation of lotteries if it is mainly for charity. For this to properly be regulated, the government amended the 1933 Act in 1972 to allow for more lotteries to operate.

In 1986, the government amended the lottery to allow general lotteries to operate. By 1994, land-based slot machines were permitted, on the same conditions that the profits would go to charity organizations.

In summary, land-based online betting in Iceland is only permitted if it’s for charity. Anything outside makes it illegal to gamble or operate a gambling den in Iceland.

However, nothing has been said to how this law applies to those who choose to gamble in an Iceland casino overseas. This is to say that, as an Icelander, you can safely gamble in offshore online casinos without being afraid of the law.

FAQ🙋‍♀️

Frequently Asked Questions About Online Casinos In Iceland

🚫Is Gambling Legal in Iceland?

No, it is not. However, there is no law prohibiting any form of online gambling.

❌Is Iceland Online Betting Illegal?

All forms of betting and gambling are illegal. However, you can participate in online sports betting in offshore casinos.

🔒Is It Safe to Gamble Online?

Yes. As long as you gamble in a properly licensed casino with SSL encryption, you will remain safe and secure.

📋Can I Gamble in a Casino With Iceland License?

The answer will be no more often than not. Getting a casino license in Iceland requires you to donate 80% of your profits to charity. However, you can trust other licenses from reputable commissions.

💰Do Iceland Casinos Offer Bonuses?

Yes. They do. They offer all types of bonuses and promotional offers like welcome bonuses, bonus cash, etc.

🎲What Kind of Games Can I Play in an Online Casino?

Although Iceland players are limited to bingo, slots, and craps in their local casinos, they can play virtually all types of games in offshore casinos online. Read our “Games in an Iceland Casino” section for more.

💵What Available Deposit Methods are There?

You can use any type of method in an Iceland casino. From credit cards to eWallets, to prepaid cards, and Cryptocurrencies. Read our “Deposit Methods for Online Casinos in Iceland” section for more.

🚓Is this Online Casino Iceland Game Scam Free?

Yes. Experienced gamblers know that NetEnt software is top-notch and has RNG certificates. This ensures that no third party can influence or compromise the results.

Is Gambling Legal in Iceland?⚖️

There is no certain answer to this question. The government frowns at physical gambling done in a casino without Iceland casino license. However, to get a permit for Iceland casinos, you have to agree that 80% of whatever profit you make will have to go to charity. This is a major condition before a casino license Iceland is granted.

However, whether or not you get this permit for Iceland casinos, you should be aware that you can only operate with slot machines, Bingo, Lotteries, or sports betting. Any other form of gambling is illegal. While there might not be so many online casinos in Iceland, there are so many forms in which Icelanders can gamble since there is now a law explicitly stating that online gambling is prohibited.

You can always join offshore gambling sites, which are trendy outlets for gamblers in Iceland. You will find a suitable casino to play as many games as you want without inhibitions of the law.

Deposit Methods for Online Casinos in Iceland💳

Iceland is one of those countries that enjoy superb payment methods because they are a part of the European zone. This means that you will find most payment methods available at Iceland casinos for users without stress.

You should, however, make sure that you properly check the list of methods at Iceland casinos before you join to make sure the listed ones are suitable for your transactions.

This is a list of all the available methods suitable for Icelanders:

Credit and Debit Cards

This is probably the most popular method at Iceland casinos. It is easy to use and safe for making financial transactions. All you have to do is enter your credit card details into the required box, enter the amount you want to deposit and authorize the payment.

Examples: MasterCard, VISA

eWallets

eWallets are another way by which Icelanders make transactions in a casino online. These eWallets are faster than credit/debit cards, usually taking only a few hours to process transactions.

These virtual wallets are great for gamblers who want to perform deposits and withdrawals outside the platform. All you have to do is connect the wallet to your gambling account and pay immediately.

Examples: PayPal, Skrill.

Prepaid Cards

If you are a low budget player, prepaid cards are good. They provide you with a convenient way of paying in low deposit casinos.

All you have to do is purchase credit into your card and enter the PIN at the moment of the transaction.

Example: Paysafecard

Cryptocurrency

Cryptocurrencies are now a big deal, and so many gamblers in Iceland are beginning to turn to these tokens for their gameplay.

It is the fastest means and is highly secure and private, helping you limit the number of footprints you leave on the internet.

Examples of tokens available for gambling are ETH, BTC, LTC, and DOGE.

Games in an Iceland Casino🤹🏿

Not only are there live casinos in Iceland, but you will also find a host of traditional games that will interest you. If you join any of the casinos in our above list, you will enjoy the most extensive library of any online gambling site you would find in Iceland. Here are the categories of games you will find as an Icelander:

Slots

For decades, slots have risen gradually until it earned the titles for the most played games in a casino section. It has also undergone many changes, till we have slot machines with more paylines and better features than the classics.

Popular slot examples are:

  1. Wild, Wild West
  2. Agent of the gods
  3. Gonzo’s Quest
  4. Book of Dead
  5. Immortal Romance

Table Games

Table games like blackjack and roulette are popular names in the industry. Unlike slots, these games might not offer fast thrills, but the payout is usually huge. You might need a healthy dose of luck to win this, but strategy and skill are also important in facilitating big wins.

Examples: blackjack, roulette, bingo, baccarat, craps, etc.

Live Casino in Iceland

For those who want something quite different from the norm, the Iceland live casino option is the best alternative.

Live dealer games offer players an elevation to their gameplay. Traditional games can be very exciting, but the live options let you enjoy playing in a real-life simulation, where there are real dealers and a live chat interface where you can communicate with other competitors in real-time.

This live casino Iceland replicates land-based casinos so much. You enjoy the thrill, tension, and adrenaline that is most common when sitting at a physical table. It works the same way with the normal casino; the only exception is the live element.

To play these games, you can join any live streams in your favourite online casinos, and you’d immediately be transported to a live table where a dealer will mirror your moves and deal live chips for you.

There is a live casino option for every game in an online casino. For example, we have live blackjack, roulette, baccarat, etc.

Casino Bonuses in Iceland🤑

Every player deserves an online casino bonus Iceland, regardless of which casino they join or their deposit amount. It is important that you choose a generous casino to periodically credit your account with incentives that will boost your gameplay.

Here are some of the bonuses and promotional offers available to Icelanders in their casinos:

Betting in Iceland🏇

When it comes to sports betting in Iceland, hockey, soccer, handball, and football is usually the most popular forms. Online betting is very legal, and you can do so with either a domestic or offshore bookmaker.

Since almost every Icelander has a mobile phone, it is not surprising to note that you can do all your sports betting and registration from the comfort of your smartphone. The legal gambling and betting age is 18, and fortunately, players are not taxed on their winnings.

Iceland Casino License and Registration📃

We already mentioned that a casino permit is only given if certain requirements can be met. However, offshore casinos are not required to meet these criteria.

This means that they can always get a valid license from any other reputable gambling Commission in the industry.

Here are some of the best commissions for your casino license:

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