Best online casinos in Iceland (2024)
There are various things missing in the beautiful Nordic island of Iceland, like the warm summer sun, a public railway system and the casinos. Despite the fact that gambling has existed in Iceland for centuries, locals will not find a local brick-and-mortar or online casino to play in their free time. The first attempt to regulate the country’s gambling market was in 1926 and without another attempt since then, under this old law, casino gambling is still today formally forbidden. As Icelanders will not find a licensed casino in their country, they turn to international casino sites while the local authorities are not actively blocking those websites and players are not prosecuted, thankfully. Hence, we have reviewed more than 50 brands and we present you with the best international casino sites which will gladly accept Icalander residents. So, stick with us to discover foreign casinos that will bring you unlimited weekly bonuses, a huge variety of slots and fast track payouts.
Trusted Icelander casino sites
As long as you are looking for trusted Iceland online slots, do not look any further, as we’ve prepared a list of the top casino sites Iceland offers today. Many of them come under a reputable license and offer fast-track payments in EUR, USD, or even cryptocurrencies. Last but not least, they will award you with generous welcome packages, even via a handy mobile interface.
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How we rate an online casino in Iceland
Icelander residents have many overseas options available to wager online. However, it is essential to know how you can distinguish a top Iceland casino online from a moderate one. We mean that you have to consider a few critical factors; therefore, we analyze them below to help you choose wisely.
Thousands of slots
Whatever your preference is, if you stick to operators from our list, you can play all your favorite slots and games and the selection is simply unparalleled. Most foreign casinos available in Iceland offer 2,000+ titles, even with a progressive jackpot. With extra slots added every week, you’ll always have a new playground to spin the reel. If table games are to your taste, you can choose between RNG or live casino roulette, blackjack, baccarat, poker, bingo, keno and craps with real dealers.
Eye-dropping bonuses
Before registering at a foreign casino brand, you will undoubtedly check its promo page for the existence of an appealing welcome bonus. Many international casinos offer a welcome bonus along with free spins (e.g. 100% up to €200 + 100 free spins) or even a welcome package for your first 2-5 deposits that can reach up to €1,000. But, no matter the offer, you need to know that there are wagering requirements you have to complete. Apart from the sign-up offer, you will thankfully enjoy weekly reloaded bonuses, free spins, loyalty bonuses, or cashback.
Top software providers
While choosing an overseas online casino, Icelanders can benefit from titles offered by the most reputable software providers. Big names like Yggdrasil, Quickspin, NetEnt, or Play ’n GO can guarantee you immense fun with amazing games that are not rigged. Every title is tested by independent agencies like eCogra or iTech Labs; ensuring that each brand will disclose the games’ RTP and provide its services fair and square.
Great mobile interface
The overwhelming majority of casino enthusiasts globally use their mobile devices to gamble. When it comes to mobile online gambling Iceland players will have the option to find a well-organized casino site from our list above. Thus, you can enjoy all the slots & games from your Android or iOS device. Many brands have even created a dedicated mobile app to make your life easier and boost your experience from anywhere you are and with less than 3 clicks.
Reputable license
Many of our top international online casinos come under the supervision of famous authorities such as MGA, Gibraltar, or Curacao. The brands licensed by these entities feature data protection and top-level encryption protocols, proper KYC, anti-money laundering and responsible gambling mechanisms. Remember to always check the relevant seal at the footer of each casino’s website before you begin wagering to ensure safety and transparency in your game & transactions.
How do Icelandic casino sites operate
Nowadays, all gambling activity in this land is controlled by the Financial Services Authority (FSA) under the Icelandic government. Moreover, according to the only active gambling local law for lotteries, No. 38/2005, as casino games are not included, it remains illegal to play slots & games both in land-based and online casinos. However, despite the fact that the country gains impressive revenue from tourism, the government still does not allow the existence of any casino within Iceland. Thus, foreign operators have no chance of getting a local license for legal casino operations and cannot offer a casino site targeting the local market. As a result, Icelander casino fans that want to enjoy casino games have to turn to international online casinos that accept players from this northern island.
As for online casino winnings in the overseas casino sites, Icelanders will not be taxed and they can keep all their profits. Additionally, locals who wish to enter an international casino need to be at least 18 years old in order to play.
Is online gambling in Iceland safe?
By choosing to opt for international casino sites that boast a license while being an Icelander resident, you may feel safe that their safeguarding rules will make your casino experience secure. Since it is officially illegal to gamble at an online casino in the country; local players should take care to use only payment methods that will keep them safe and won’t disclose their personal details. Luckily, there are no known cases of prosecution; as the government does not block the foreign casino platforms and does not prosecute Icelanders who access these platforms to make real money stakes. For that reason, local players should check on their own the trustworthiness of their preferred casino site by checking its license on the footer of the webpage.
Casino online Iceland: Deposits & Withdrawals
Before indulging in the international online gambling scene, local players should first decide which is the payment method that will keep them safe. It is wise to use only those payment methods that will protect their activity. That is why anonymity should be taken into consideration here. E-wallets, such as Skrill, Neteller, or MuchBetter can be a perfect solution for Icelanders to make fast, secured and anonymous gambling transactions in foreign casino sites. In many of them, locals will also have the opportunity to choose Bitcoin, Ethereum and other famous cryptos as another way to make fast transactions. Of course, as the Icelandic government will not tax your casino winnings, top-up your account via debit cards, bank transfers and vouchers, like Paysafe, are still available.
The future of gambling in Iceland
Currently, locals are fully able to gamble at any international online casino Iceland allows. Neither the offshore operators nor the local casino enthusiasts who gamble on them are persecuted by the government; at least until today. Still, there are no locally licensed online casino sites, as Iceland does not have a licensing procedure. At least, we hope that Iceland’s government will do its best to attract well-known casino operators in the near future; considering the profits that the state will gain even from tourists who wish to gamble in this land.
In Iceland, the local government does not issue licenses to online casino operators, but it will not prosecute those who gamble on a foreign online casino. With a lack of local options, Icelanders are forced to gamble at international casinos.
Concerning online gambling on a local site, in Iceland, you will not find land-based nor online casinos, as they are banned by local law. Although Icelanders are always free to have fun in the international ones.
There is no specific online gambling age in Iceland as this activity is prohibited in this country. However, locals can enjoy gambling on international casino sites Iceland offers today as long as they are above 18 years.
As gambling in local casinos is prohibited, Icelanders’ safety comes first. As a basic safety measure, it would be recommended to play at an international online casino under a reputable license and choose deposit options like e-wallets or cryptos.
Every international online casino on our list comes with great welcome packages to every newly registered player. Moreover, daily reload bonuses, free spins, cashback and loyalty bonuses are waiting for the Icelander players.
Iceland’s government will not allow the operation of a casino site with a local domain and there is no specific form of taxation that applies to potential winnings deriving from international online casinos. Therefore, locals will keep all their online casino winnings.
Gambling via a mobile device is available for locals as almost every top international online casino in Iceland offers a mobile version of its website; while others have created special applications. They can be installed on a mobile device, allowing Icelanders to play in a convenient way.