Simon’s Guide to Gambling in Iceland

There is a mobile optimized version of this page, view AMP Version.

Picture of Reykjavik, Iceland's capital city. Gambling in Iceland is mostly illegal.

Guide to Gambling in Iceland

Iceland, also known as the Republic of Iceland is a Nordic island country located between the North Atlantic and the Arctic Ocean. It has a land area of 103,000 kmwith a population of 329,000 residents making it the most sparsely populated country in Europe. Iceland’s capital and largest city is Reykjavik with approximately 122,000 residents.

Gambling is considered illegal in Iceland with the exception of non-profit, for charity gambling. Even if it’s for charity, only the following gambling activities (online or offline) are permitted in Iceland:

  • lottery and lottery type games,
  • bingo,
  • sports betting,
  • slots.

Casino table games and poker are completely banned. Therefore, there aren’t any brick-and-mortar casinos operating in the country at the moment.* However, it is possible to operate a gambling business if the profits go to charity or other philanthropic causes**.

Online gambling is considered illegal as well, but players are not prosecuted for playing at an offshore online casino. More on this in the casino gambling in Iceland section below.

 

If you like the article, give it a +1!

Sources:

*Problem Gambling in Europe: Challenges, Prevention, and Interventions

** Agricultural University of Iceland – Gambling, Online Gambling and Poker Participation
among Icelandic University Students

 

Summary:

 

 

Casino gambling in Iceland

 

Online casino gambling in Iceland: illegal, players are not prosecuted

 

Casino gambling is illegal in Iceland. Those who operate an illegal casino will face punishment. However, not all forms of gambling are illegal as players can play lottery type games, bingo and are allowed to bet on sports. Online casino gambling is regulated the same way as well.

However, foreign online gambling websites, which are registered in a foreign country outside the EU and have a gambling license from that country are outside of the jurisdiction of Iceland. In many countries offshore online casinos are blocked or are forced to acquire a local license. This is not the case in Iceland currently. Such websites are freely accessible and players playing in such online casinos are not prosecuted.

The following online casinos accept players from Iceland:

A banner advertisement (728x90 pixel) for BGO - Beat The Boss online casino. BGO is one of the many casino, which accept players from Iceland. The animated banner reads: bgo, 200 free spins and 200% bonus, BEAT the BOSS, join now.

BGO casino – accepting players from Iceland

This is a picture of 32 Red's animated GIF banner. 32 Red online casino accepts players from Iceland. The animated GIF reads: 32 Red online casino, sign up now, $10 free no deposit required, Gambleaware.co.uk.

32 Red casino – accepting players from Iceland

This is an animated GIF banner ad of Betsson casino. Betsson casino accepts players from Iceland. On the banner you can read the following: will you be the next winner?, 100% up to £100, claim your welcome bonus.

Betsson online casino – accepting players from Iceland

This is an animated GIF banner ad of Betsafe casino. Betsafe casino accept players from Iceland. The text on the banner ad reads: Betsafe, 50% deposit bonus up to €25, plus 50 free spins on Gonzo's Quest.

Betsafe online casino – accepting players from Iceland

This is an animated GIF banner of Casino Euro. Casino Euro is one of the many online casinos, which accept players from Iceland.

Casino Euro – accepting players from Iceland

This is an animated GIF banner ad of the online casino Black Lotus. Black Lotus casino accepts players from Iceland. The animated banner reads: elemental 7, play now, Bonus code: Earth, 10 free spins.

Black lotus casino – accepting players from Iceland

This is the animated GIF banner ad of Lotus Asia online casino. Lotus Asia online casino accepts players from Iceland. The animated banner reads: get $1000 free, download, instant play.

Lotus Asia casino – accepting players from Iceland

This the banner ad of Gt Bets online casino. The online casino accepts players from Iceland.

GT Bets accepts players from Iceland- accepting Bitcoins as well

 

Bingo in Iceland

 

Online bingo in Iceland: legal, requires license, charity only

 

Bingo is a very popular game amongst players around the world, especially women. Bingo is popular in Iceland too as it is one of the few forms of gambling allowed in the country. Players from Iceland can enjoy this fun game online or offline. Bingo organised by Icelandic companies or individuals must be non-profit and the proceeds must be donated to charity.

Foreign online bingo sites are not blocked and players can play online at websites, which accepts players from the country.

The following bingo websites accept players from Iceland:

This is an animated GIF banner ad of BGO Bingo. This online bingo ad features Paris Hilton. BGO Bingo online bingo website accepts players from Iceland.The animated banner reads: spend £10, play with £50, BGO Bingo.

BGO bingo – accepting players from Iceland

This is the animated banner ad of Betsson Bingo. This GIF online bingo banner is 728x90 pixel wide. Betsson bingo is one of the online bingo websites, that accepts players from Iceland. The animated GIF reads: welcome bonus package up to R$1200, receive bonuses on your 4 deposits.

Betsson Bingo – accepting registrations from Iceland

This is the animated banner ad of 32 Red Bingo. This GIF bingo banner is 728x90 pixels wide. 32 Red bingo is a an online bingo website, which accepts players from Iceland. The animated GIF reads: Get £10 To try the all ne 32 Red Bingo, We've got Penny, Bogof and free bingo, guaranteed prites and loads more, plus all the great slots and jackpots we all love, All that's missing is you.

32 Red Bingo – accepting registrations from Iceland

 

Poker in Iceland

 

Online poker in Iceland: illegal, players are not prosecuted

 

Poker is quite possibly the most popular casino game ever created. It’s a competitive, fast paced card game that focuses on strategy, planning and competition. Many would argue that poker is more about skill than luck, because there is no house edge. And in fact, in a handful of countries poker is considered a sport not a game of chance. Unfortunately, this is not the case in Iceland. Poker is one of those forms of gambling which are illegal in Iceland (even for charity). However, foreign online poker sites are not blocked and online players are not prosecuted.

The following online poker sites accept players from Iceland:

This is a banner ad of Betsson online Poker website. This is a 728x90 pixel banner. Betsson online poker is one of the many online poker rooms, which accept players from Iceland. The animated banner reads: plus 30% rakeback, 100% up to €1000.

Betsson online Poker – accepting players from Iceland

This is the animated GIF banner ad of Betsafe's online poker website. It is 728x90 pixel wide. Betsafe online poker is one of the many online poker websites, which accept players from Iceland. The animated banner reads: betsafe welcome deal, 3 great reasons to join the fun, up to €1000 deposit bonus.

Betsafe online Poker – accepting players from Iceland

This is the animated GIF banner ad of 32 Red's online poker website. It is 728x90 pixel wide. Betsafe online poker is one of the many online poker websites, which accept players from Iceland. The animated banner reads: 32 Red 30% rakeback, $1000 welcome bonus, €2500 freerolls.

32 Red online Poker – accepting players from Iceland

 

Sports betting in Iceland

 

Online sports betting in Iceland: legal, requires proper license, charity only

 

Sports betting is one of the most common and popular forms of gambling out there. It is most popular form of gambling among men worldwide. In Iceland it is one of the few legal forms of gambling (along with the lotteries and bingo, only for charity). In fact, it is actually legal since 1952. However, due to the fact, that this is entirely non-profit, it hasn’t developed into an industry. Therefore, in Iceland there are actually no brick & mortar bookmakers.

However, online bookmakers registered in foreign countries are not blocked and can freely accept players from Iceland.

The following online sportsbooks accept registrations from Iceland:

This is an animated GIF banner ad of Betsson sportsbook. Betsson online bookmaker accepts registrations from Iceland. On the banner you can read: claim your welcome bonus, bonus 100% up to €25.

Betsson online sportsbook – accepting registrations from Iceland

This is an animated GIF banner ad of Betsafe sportsbook. Betsafe online sportsbook accept registrations from Iceland. The text on the banner ad reads. betsafe, 50% deposit bonus up to €25, 2nd tier bonus, open an account today.

Betsafe online bookmaker – accepting registrations from Iceland

This is a banner of 32 Red Sports, the online sportsbook of 32 Red Casino. 32 Red online sportsbook accepts players from Iceland. The animated GIF banner reads: £10 free bet, Place your first bet & get a £10 free bet plus 10 free games on one of our fantastic slots, + 10 free games, 32 Red Sport.

32 Red sport online sportsbook – accepting players from Iceland

This the banner ad of Gt Bets online sportsbook. The sportsbook accept players from Iceland.

GT Bets online bookmaker – accepts registrations from the Iceland, also accepts Bitcoin

 

Lottery in Iceland

 

Online lottery in Iceland: legal, requires proper license, charity only

 

Arguably, the lottery is the most common form of gambling around the world, It is safe to say that where gambling is legal or semi-legal there is a national lottery. While most of the popular casino games are banned in Iceland like poker, roulette and blackjack, the lottery is still legal (non-profit only). The country’s official lottery is the Lottó, but players from Iceland can enjoy many more kinds of lotteries online and through the Icelandic lottery company (e.g.: the Euro Jackpot, Viking Lotto). Lottó is a non-profit organization. However, people can buy Euro Jackpot lottery tickets (a for-profit EU lottery) and Viking Lotto (Scandinavian for profit lottery) through the Icelandic company. This is, in theory, no longer a non-profit gambling activity. Exactly how the Icelandic lottery manages to remain not-for-profit and yet offer the lottery tickets of for profit lotteries in a partnership is not clear.

Lottery tickets can be sold online in Iceland. Foreign lottery websites and lottery agents are also available.

The following websites let people from Iceland purchase lottery tickets online:

Coming soon!

 

Bitcoin gambling in Iceland

 

Bitcoin gambling in Iceland: illegal, not known whetehr players are prosecuted

 

Some countries consider Bitcoin an asset rather than a currency (like Norway or Lithuania). In Iceland, trading with Bitcoin is illegal due to the Icelandic Foreign Exchange Act.* Therefore, it is safe to assume, that Bitcoin gambling is illegal as well. There is no information whether players are prosecuted for playing at an offshore online casino using Bitcoin, but at least one online casino, which accepts Bitcoins and also accepts players from Iceland. You can find this online casino below, but just to be on the safe side, we suggest, that you should refrain from placing bets online using Bitcoins from Iceland. Use one of the regular online casinos above.

The following Bitcoin casinos accept players from Iceland:

This a banner ad of GT Bets bitcoin casino. It accepts players from Iceland.

GT Bets accepts players from Iceland, and also accepts Bitcoin

 

*Foreign Exchange Act No. 87, 17 November 1992, as amended up to 1 May 2013

 

If you have questions or any feedback don’t hesitate to drop a comment below. Please let me know in the comments section if you think we might have gotten something wrong or if you have additional information, clarification about the legal status of online gambling in this country.

If you like the article, give it a +1!

This page is part of Simon’s List – Legal Status of Online Gambling – a definitive guide to the legal status of all forms of online gambling in every country around the world.

Last updated: 2016-04-09

Summary
Simon's Guide to Gambling in Iceland
Article Name
Simon's Guide to Gambling in Iceland
Description
An overview of gambling's legal status in Iceland.
Author

Leave a Reply

Your email address will not be published. Required fields are marked *