This is a picture of Casino Club Bar Mónacó in Reykjavik, the capital of Iceland. Despite the name this is a pub with slots, not a true casino. On this page, under the picture you can read about the legal status, age requirement, licensing and taxation of casinos and casino websites in Iceland, and you can find a list of licensed digital casinos, which accept Icelandic players.

Iceland Online Casino Guide

This is a guide to brick and mortar as well as online casinos in Iceland (officially the Republic of Iceland, a Nordic island country with a population of 366 K residents, not officially a member of the European Union, but it is a member of the EEA). Find out which are the best casinos and online casino sites in Iceland, or learn more about the legal status of casino gambling in the country.

Contents:

 

Online casinos in Iceland

Legal status of online casinos in Iceland: illegal, players are not prosecuted due to EU laws

 

Online casino gambling is illegal in Iceland. However, players from Iceland can freely play online due to various EU laws (explanation below).

First and foremost you have to understand that Iceland is not a full member of the EU, but the country is very well integrated into the EEA. And as a integral part of the European Economic Area, certain EU laws apply to the island nation as well. These Include Article 56 TFEU1 and Article 8 of Directive 98/34/EC (EU gambling directives).

According to these articles online gambling companies registered and licensed in other EEA countries should be provided access to the Icelandic market, and they should be provided a way to obtain local online gambling licenses (free trade of services and free competition within the Eurozone).

This is not the case. And the EU Top Court ruled, that in this case, a country can not penalize or restrict unlicensed foreign operators, because they made it impossible for them to acquire licenses (here is an example of a EU Top Court case, Germany vs. the EU2).

As a result, players from Iceland can play freely online on foreign gambling websites, which accept players from the country (a list can be seen below).

There have been several changes to the Icelandic gambling legislation, and currently it is among the strictest in Europe.

The Icelandic government’s main justification for the complete ban of online casino gambling is that it is trying to prevent an increase in problem gambling. At first, this seems to be sound reasoning but this does not take into account online gambling on foreign unlicensed offshore websites.

According to recent research, more than three in four Icelanders participate in gambling, most of them only do it online, on unlicensed offshore websites.

On top of that, 2,5% of Icelanders are believed to be adversely affected by their gambling habits, which is higher than most EU countries. It’s obvious that the legislation does not have its desired effect.

These numbers show that while the government’s worries are well-founded, the current legislation is less than effective in preventing or solving these problems.

By scrolling below, you can find a list of online casinos, which accept Icelandic players.

 

Can tourists play online while visiting Iceland?

Yes, tourist (or non-citizen expats, or illegal migrants) can play online freely while enjoying their stay in the country.

 

Online casino licensing and regulatory body of Iceland: 

Online casino licenses are not issued in Iceland.

 

Free advertisement for licensed local lawyers, law firms from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the law firm's website you work for, on a page that is visited by businessmen, company representatives looking for help with: setting up a gambling business, licensing, setting up a company, help with an existing gambling business, consulting etc....
And all this for free. Click on the drop down section if you are interested and want to get listed.

How to get featured

In order to get the free placement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, something that makes potential clients interested
  • send me one single picture of your company's logo, or a picture of your office, or one of your certificates, credentials which you are proud of etc... (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels.
Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where we can discuss everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
In exchange: In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, or on the homepage. It can be placed at the bottom of an unimportant page, where people don't see it, that's fine with me. And 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>."
That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Taxation of online casino sites in Iceland: 

There is no online casino taxation system in place.

 

For the players, taxation of gambling winnings in Iceland: not taxed

 

Free advertisement for local accountants, CPAs and accounting firms from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the accounting firm's website you work for, on a page that is visited by gamblers looking for help with their gambling winnings, and gambling companies looking for consultants and help with their projects.
And all this for free. Click on the drop down section if you are interested and want to get listed.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, something that makes potential clients interested
  • send me one single picture of your company's logo, or a picture of your office, or one of your certificates, credentials which you are proud of etc... (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels.
Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where we can discuss everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
In exchange: In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, or on the homepage. It can be placed at the bottom of an unimportant page, where people don't see it, that's fine with me. And 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>."
That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Age requirement of Iceland online casinos: 18+

 

Sources, main pieces of the Icelandic online casino gambling legislation:

1JSTOR – Freedom to provide services — Article 56 TFEU — Games of chance

2CalvinAyre – EU Top Court says Germany can’t punish Online Betting Operators

 

 

Online casinos, which accept players from Iceland

The following online gambling websites accept players from Iceland. They all accept players from the country, and are accessible from within the country, at the time of writing. If they no longer accept players from Iceland, or if they are blocked for some reason, please leave a message in the comments section, so I can investigate it.

 

SlotV Live Casino and Sportsbook

This is picture of the official logo of SlotV online casino. The picture acts as a link, by clicking on it you will be taken to the website of SlotV, where you can create a player account and place bets. Under the picture you can read more about the 2023 promotions and bonuses offered by the company currently, and the terms and conditions, player protection, privacy policy and user consent & self exclusion programs they have. Full disclaimer: by registering an account we (the website owners and/or employees) will receive a small percentage of the amount of money you wager, that money is used to finance the operation of this website. Players must be 18+ and online gambling must be legal in your jurisdiction. All the details can be found below.

SlotV live casino & sportsbook, current 2023 promotions for new and returning players

SlotV gambling website & bookmakers' promotions:

  • 100% welcome bonus Up To €500 + 50 Free Spins
  • Free spins every day for returning players
  • 33% reload bonus for returning players

USA, Germany, Australia, Denmark, Italy and UK players are not accepted (+ 13 other countries). Full list of banned countries can be found below.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

All bonuses, free spins, and other promotional offer displayed on this page are subject to the following wagering limitations and playthrough requirements.

Although, we aim to update this section often, it's best to check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date by the time you are reading this).


General bonus terms and conditions at SlotV:

  • welcome bonuses are only available for 30 days after account creation
  • the minimum deposit to receive any bonus is €10
  • the bonus + deposit needs to be wagered within 7 days from date of activation

Playthrough requirement of the welcome bonus: 27x, the deposit bonus amount must be wagered 27 times before withdrawal.

Playthrough requirement of the free spins: 30x, the deposit bonus amount must be wagered 30 times before withdrawal.

The following types of online casino games only contribute partially to the fulfilment of the wagering requirement:

  • Jackpots - 0%
  • Blackjack - 10%
  • Poker - 10%
  • Roulette - 10%
  • Baccarat - 10%
  • Lottery - 0%
  • Video poker - 5%
  • Game shows - 0%
  • Virtual Sports - 0%
  • Others - 0%
  • Scratch Cards - 0%
  • Most slots count 100% towards the playthrough requirement. However, there are some exceptions, you can find that constantly updated list of the casinos' website.

Playthrough requirement: no playthrough requirement for the extra weekly money, in case of the welcome bonuses:

  • Minimum deposit amount: €10
  • Maximum bonus amount: €500
  • Wagering requirements: x27 (deposit + bonus)

In case of the free spins:

  • Participating slots: Jungle Jim and the Lost Sphinx (changes often, check the casinos' website for the current slots, where you can use your free spins, or ask the customer support)
  • Bet per spin: €0,10
  • Wagering requirements: x30 (bonus)
  • Limit on withdrawing from the free spins: x10
  • 7 days for wagering

Wagering limitation:

  • 7 days for wagering
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.
  • Please note that the free spins will appear on the account, once the 150% bonus has been wagered. Your players will get 10 free spins per day over the course of 5 days (50 free spins in total), not all at once.

UPDATE 2023: The online casino does not use the global pandemic situation for advertisement purposes, or to encourage the usage of its online gambling platform. In fact, it's forbidden to use the namesake, name, likeness and official logo or any depiction of the casino/company (and this casino gambling blog) in conjunction with any marketing campaign, which uses the novel coronavirus pandemic for promotional purposes.


SlotV online casino does not accept players from:

Free bitcoin giveaway

This is a banner of freebitco.in bitcoin and fun token crypto wagering website. The banner displays information about the current 2023 virtual currency raffle, and no registration promotion currently offered by the Indian digital gambling website. You can read more information about the gambling platform and their hourly cryptocurrency giveaway. By clicking on the picture you will be taken to the virtual currency betting website. By placing bets on the website we get a percentage of your bets placed as affiliate commision. Thank you for supporting the website.

Free bitcoin giveaway, $0.1 to $ 200 every hour, real no deposit promotion, no wagering requirement bitcoin gambling and betting

One of the rare, genuine ways to actually get free bitcoins online. 100% legitimate, in operation for 10+ years, no deposit or registration required (we are using this site for 1+ years, payout guaranteed, not a scam).You have to manually enter the bitcoin raffle every hour and you will be able to win anywhere between 0.00000009 BTC - 0.00878696 BTC + occasional special prizes.


You can realistically make around €200 per month if you roll every hour and participate in all the other promotions they have as well (wheel of fortune, lottery tickets etc..., all free).

/However, you have to manually spin every hour to get this amount, including at night, therefore, realistically, the amount you can expect will be less./

They also have many other ways to win bitcoin, or FUN tokens, including: online casino section, sports betting, betting on cryptocurrency prices, wheel of fortune, lottery etc...

No wagering, playthrough requirement, limitations.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

Because this is a crypto-only gambling website there are no restricted countries. Everyone over the age of 18 can play (or 24, depending on what is the legal online gambling age in your country).Only bitcoin and FUN tokens are accepted. You have to deposit bitcoin to a specific bitcoin address and it will show up on your balance.

No wagering and playthrough limitations, requirements.

The only hidden fee is that if you win items, physical prizes, in those cases the shipping cost is not paid by them and you will required to pay for shipping (or you can opt to receive the equivalent of the prize in bitcoins if you don't want to pay for transportation).

UPDATE 2023: They also offer an annual 4- 5% interest rate on the FunFair (FUN) tokens you purchase with bitcoin (it's their own cryptocurrency).

 

 

Miami Club Digital Casino Destination

This is the banner advertisement of the gambling website Miami Club, it displays the various bonuses and promotional offers currently available at the digital gambling website, including their terms and conditions and legally mandated player protection information. The picture acts as a link and by clicking on it you will be taken to the electronic wagering platforms, where you can check out the most recent 2022 bonuses, codes, promos and you can register and play if your over the age of 18 (you can try out the games for free, no registration is needed for the free to play mode).

Miami Club online casino, 18+

  • Welcome bonus, 100% up to $100 on your first 8x deposit (up to $800 total)
  • Exclusive bonus code: MIFREE20, $20.00 free, every month, not just for new players, for returning players as well
  • Free spins, use coupon HOTWINGS to get 150% up to $150 plus 30 spins on the Funky Chicken 5-reel, limited time only (by the time you are reading it probably expired, only valid for a few days)

USA players accepted, Canada, Netherlands, Israel, France, Australia and UK players are not accepted. You can read the review of Miami Club Casino here.

Playthrough requirements and wagering limitations

Check the gambling website for the most recent bouse promotions and playthrough requirement and wagering limitation information. The deposit bonus amount must be wagered 40x times before withdrawal, depending on the type.
Type of game: Count towards wagering requirement: 
Keno, Dazzling Dice, Poker Slots, Bingo Bucks - 100%
Table games 10%
Blackjack or video poke 10%
Slots 100%
Roulette, Craps or Baccarat 0% - Forbidden!
 
Wagering limitation:
  • UPDATE 2022: The wagering of any portion of a non-deposit bonus on Roulette, Craps or Baccarat games is strictly forbidden!
  • Currently, bonuses are not available to players registering accounts from the following countries: Russia, Ukraine.
  • Bonuses cannot be combined.
  • Miami Club casino requires that a deposit of at least $25 is made on all accounts before any cash withdrawal is processed to comply with anti money laundering laws + mandatory ID check required by law (law to fight financing of terrorism and payment processor require this as well). The deposited $25 can be withdrawn afterwards with the winnings.

Bet Online Casino, Bookmaker & Poker

This is the promo banner of Bet Online, the US-friendly digital bookmaker, internet poker and online casino website. The banner provides information about the latest 2022 promotional offers and bonus codes, which are offered currently by the gambling platform to new and returning players. This picture acts as a link. By clicking on it you will be taken to the website of betonline.ag, where you can register and start playing if you create a player account (must be 18+).

Bet Online casino, poker and sportsbook

  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • 25% - 50% sports betting reload on every qualifying bet, code: LIFEBONUS  (for the 25% bonus) and BOL1000 (for the 50% bonus)
  • +100% welcome match bonus up to 100% on your first deposit using bitcoin, bitcoin cash, ethereum, ripple, litecoin or DASH. No code required + 5% crypto boost afterwards on future deposits
  • 100% poker bonus
  • 10% weekly rebate, cashback for returning players

You can read the review of BetOnline here. List of countries, from which they do not accept players can be found in the review and below. North American players accepted.

Playthrough requirements and wagering limitations

All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date).
Playthrough requirements of every bonus and promotion:
  • The deposit bonus amount must be wagered 30 times before withdrawal, usually (sports betting and poker bonuses 10x)
  • Forfeiting the bonus will result in the bonus and any subsequent winnings associated with it to be removed from players accounts.
  • Only one bonus can be active at a time, playthrough requirements must be met before additional promotions can be received.
  • Players must use the related bonus code in order to receive a bonus (if it has a code, not every promotion requires one).
  • Bonus funds will only be available on the Betsoft games, the other providers are not eligible,, unless otherwise stated.
  • In cases where rollover or other criteria specified in the individual bonus terms and conditions are not met within 30 days, any remaining bonus funds and associated winnings will be forfeited automatically.
  • Wagering requirements must be fulfilled before any winnings can be withdrawn.

Playthrough requirement contributions: The following table show the contribution of the various types of games towards the fulfillment of the wagering requirement.
Game types: Contribution:
Slots (progressive jackpot slots excluded) 100%
Roulette (All versions), Draw High-Lo, 3 Card Rummy 20%
Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10%
Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5%
Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
This only applies to casino bonuses, sports betting or poker bonuses have different wagering limitations (can be found on the company's website). BetOnline does not accept players from:

Fair Go Aussie Themed Casino

This is a banner of Fair Go internet casino website's current 2022 promotions, bonuses. FairGo is an Australian ("Aussie") themed casino, which accepts players from Australia and New Zealand. The picture also act as a link, by clicking on it you will be taken to the free to play area of the digital gambling website, where you can try out their games for free without spending any money, and you can register a real player account if you are 18 or older. Terms and conditions and requirements can be seen below the banner and on the casino's website.

FairGo - click to check out the digital casino, latest promotions, offers, hundreds of pokies, Aussie players welcome

Promotions:
  • 100% welcome bonus up to $200, on your first 5 deposits (total $500), coupon code: WELCOME
  • 100 free spins with code: DOD-GOW (limited time only, please let me know when the code expires)
  • 150% bonus and 50 spins on the new slot Lil Red ($20 minimum deposit requirement), coupon code: LILRED150, or on the slot Hyperwins, bonus code: GETHYPED
  • Special Neosurf bonus, deposit using Neosurf and get a 200% welcome bonus (only once per player), promo code: 200-NEO

Only one bonus can be active at a time. North American players are accepted at the casino. FairGo Casino does not accept players from: Moldova, Israel, UK. You can read the full review of Fair Go casino here.

Playthrough requirements and wagering limitations

Disclaimer: The casinos is not actually an Australian online casino, the company is not registered in Australia, it's only "Aussie" themed.
All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date). Terms and conditions of every bonus and promotion:
  • Players from the following countries do not qualify for any bonuses: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Brazil, Bulgaria, Hungary, Indonesia, Kazakhstan, Kyrgyzstan, Lithuania, North Macedonia, Malaysia, Mauritius, Moldova, Montenegro, Poland, Romania, Russia, Germany, Slovakia, Slovenia, Tajikistan, Thailand, Turkmenistan, Ukraine, United Kingdom, Uzbekistan.
  • Only one bonus can be active at a time.
  • Only real money players, who completed the registration are eligible for a bonus.
  • No deposit bonuses hold a maximum cash out limit which is 5x the bonus amount unless otherwise specified.

Playthrough requirement:
  • The deposit bonus amount must be wagered 60 times before withdrawal, unless otherwise stated.

Wagering requirement contributions: The following table show the contribution of the various types of games towards the fulfillment of the wagering requirement.
Game types: Contribution:
Slots (a.k.a. Pokies) 100%
All types of Blackjack, Video Poker, Craps, American Roulette, Baccarat and other table games and non-pokies games 0%

 

Mr Bit Casino and Sportsbook

This is a banner displaying the various bonus offers of Mr Bit casino. On this page, right under the banner, you can read about these latest 2022 promotions, free spins and their terms and conditions, playthrough requirements, wagering limitations and their player protection, self exclusion and harm mitigation features. This is an advertisement, by clicking on the banner you will be taken to website of Mr. Bit, where you can register an account and place bets with real money. Full disclaimer: by registering an account we (the website owners and/or employees) will receive a small percentage of the amount of money you deposited, self exclusion from the casino website is possible. Must be 18+.

Mr. Bit casino & bookmaker, current 2022 bonus offers, welcome bonus, free spins and offers for returning players, 18+

  • 100% welcome bonus Up To €500 + 50 Free Spins
  • Free spins every day for returning players
  • 33% reload bonus for returning players

You can read the full review of Mr Bit casino here

USA, Germany, Australia, Denmark, Italy and UK players are not accepted (+ 13 other countries). Full list of banned countries can be found below.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date by the time you are reading this).


General bonus terms and conditions at Mr. Bit and its sister sites:

  • welcome bonuses are only available for 30 days after account creation
  • the minimum deposit to receive any bonus is €10
  • the bonus + deposit needs to be wagered within 7 days from date of activation

 


Playthrough requirement of the welcome bonus: 27x, the deposit bonus amount must be wagered 27 times before withdrawal. Playthrough requirement of the free spins: 30x, the deposit bonus amount must be wagered 30 times before withdrawal.


Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus:

  • Minimum deposit amount: €10
  • Maximum bonus amount: €500
  • Wagering requirements: x27 (deposit + bonus)

In case of the free spins:

  • Participating slots: Jungle Jim and the Lost Sphinx
  • Bet per spin: €0,10
  • Wagering requirements: x30 (bonus)
  • Limit on withdrawing from the free spins: x10
  • 7 days for wagering

Wagering limitation:

  • 7 days for wagering
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.
  • Please note that the free spins will appear on the account, once the 150% bonus has been wagered. Your players will get 10 free spins per day over the course of 5 days (50 free spins in total).

UPDATE COVID-19: The online casino does not use the global pandemic situation for advertisement purposes, or to encourage the usage of its online gambling platform. In fact, it's forbidden to use the namesake, name, likeness and official logo or any depiction of the casino/company (and this casino gambling blog) in conjunction with any marketing campaign, which uses the novel coronavirus pandemic for promotion.


Mr Bit Casino does not accept players from:

 

 

Land-based casinos in Iceland

Legal status of brick & mortar casinos in Iceland: illegal, but slot halls are legal

 

Land-based casinos are illegal in Iceland.

However, slot machines were legalised in 1994, and there are some slot machines to be found in the bigger towns and the capital.

But there are no large slot machine halls, only pubs with at max 10-20 machines (many of them really old, poorly maintained, with low jackpots).

The main reason for the ban on land-based casino gambling is most likely the fear of aggravating the already present and growing gambling problems (caused mostly by unlicensed online gambling sites).

The biggest slot hall is possibly (no official data exist, based on online reviews) is probably Casino Club Bar Mónacó in Reykjavik (on the picture, at the top of the page), and even that has only about 10-20 slot machines.

UPDATE COVID-19: Casino Club Bar Mónacó survived the coronavirus pandemic and it is still open.

UPDATE 2021: There have been proposals regarding the creation of a land-based casino, mainly in order to attract tourists, to develop the hospitality sector, and to increase government revenues through the taxation of casino hotels.

If such a casino would get the green light, it would most likely be located in Reykjavík, the capital of Iceland (most tourists never leave the capital and its vicinity), but it’s unlikely to happen any time soon.

Another thing that could be tried are floating casinos. Similar to casinos located on cruise ships, which currently are required to close their casinos while in port.

These floating casinos would only open their casinos in international waters, outside of the Icelandic jurisdiction, circumventing the ban on land-based casinos. There is precedent for such venues in coastal US states and in Northern European countries (currently there aren’t any floating casinos in Iceland).

You can find all the currently operating brick and mortar casinos in the list below.

 

Can locals visit the casinos in Iceland?

Yes, both locals and tourists can play in the slot halls (in lieu of actual casinos).

 

Casino licensing and regulatory body of Iceland:

The Iceland Financial Services Authority (FSA) is in charge of regulating gambling in Iceland. If you wish to set up any sort of gambling business in the country, you have to contact them. Their website is available in English as well.

However, casino licenses are not issued in Iceland, and slot halls area monopoly of Íslandsspil and University of Iceland.

 

Free advertisement for licensed local lawyers, law firms from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the law firm's website you work for, on a page that is visited by businessmen, company representatives looking for help with: setting up a gambling business, licensing, setting up a company, help with an existing gambling business, consulting etc....
And all this for free. Click on the drop down section if you are interested and want to get listed.

How to get featured

In order to get the free placement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, something that makes potential clients interested
  • send me one single picture of your company's logo, or a picture of your office, or one of your certificates, credentials which you are proud of etc... (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels.
Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where we can discuss everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
In exchange: In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, or on the homepage. It can be placed at the bottom of an unimportant page, where people don't see it, that's fine with me. And 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>."
That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Taxation of brick & mortar gambling establishments in Iceland:

There is no casino taxation regime in place in Iceland.

 

For the players, taxation of gambling winnings in Iceland: not taxed

 

Free advertisement for local accountants, CPAs and accounting firms from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the accounting firm's website you work for, on a page that is visited by gamblers looking for help with their gambling winnings, and gambling companies looking for consultants and help with their projects.
And all this for free. Click on the drop down section if you are interested and want to get listed.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, something that makes potential clients interested
  • send me one single picture of your company's logo, or a picture of your office, or one of your certificates, credentials which you are proud of etc... (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels.
Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where we can discuss everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
In exchange: In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, or on the homepage. It can be placed at the bottom of an unimportant page, where people don't see it, that's fine with me. And 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>."
That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Age requirement of land-based casinos in Iceland: 18+

 

Sources, main pieces of the Hungarian land-based casino legislation:

1(Hungarian) Laws of Hungary – Organizing Gambling Activities

 

List of casinos in Iceland

This is a list of all the currently operating casinos in the country, with address, opening hours, number and types of games, dress code, entrance fee, reviews and a video of each gambling establishment if one is available.

N/A, there aren’t an casinos in Iceland, there are only about 15-20 slot halls (pubs s with gaming machines) throughout the country, most don’t have any sort of online presence, and if they have one it’s in Icelandic only.

Iceland bitcoin casinos

Legal status: not specifically regulated

 

Bitcoin gambling is not mentioned in the Icelandic gambling legislation at all. It’s not specifically regulated yet.

But because bitcoin and other alternative digital currencies are not considered a legal tender none of the gambling establishments accept any bitcoin, litecoin, ethereum or any other virtual currency.

 

Other forms of gambling in Iceland

While online casino gambling in Iceland is forbidden, that does not mean there are no legal ways for Icelanders to gamble online. Some forms of gambling have been deemed less dangerous by the government and are thus legal to operate and to participate in.

However, gambling operations may not be profit-oriented, they have to serve charitable causes, and they can only be operated by The University of Iceland and Íslandsspil and their subsidiaries only (or with a special permission, e.g.: Iceland’s only bingo hall, but that is an exception, such things won’t be issued to private gambling companies).

Viking Lotto, likely the most popular form of lottery in Iceland was created in 1993 in a cooperation between various Scandinavian countries. In Iceland, it is operated by Íslensk Getspá, which also offers various other lottery games such as Euro Jackpot and 5 out of 40 (Lottó). These games are available online on the website of the Iceland lottery.

Scratch cards on the other hand may not be played online, despite their popularity. They are only available in land-based kiosks, betting shops, which are operated by Íslandsspil.

Online sports betting is also legal in Iceland and available on the website of the Icelandic lottery. The most popular game to wager on is football. Íslensk Getspá offers bets on European football matches (for US readers: soccer), but they also have an ice hockey, handball, tennis, bobsleigh, boxing and rugby section as well.

Online poker is generally considered to be a game of skill rather than a game of chance. However, in Iceland it is considered from of casino gambling, and as such it is illegal.

There is also one standalone bingo hall in Iceland Bingó í Vinabæ, but the legal status of online bingo is not know for certain (most likely illegal, or it’s a lottery-like game, which means the monopoly of Íslandsspil applies).

 

The following online gambling websites accept players from Iceland:

 

SlotV Live Casino and Sportsbook

This is picture of the official logo of SlotV online casino. The picture acts as a link, by clicking on it you will be taken to the website of SlotV, where you can create a player account and place bets. Under the picture you can read more about the 2023 promotions and bonuses offered by the company currently, and the terms and conditions, player protection, privacy policy and user consent & self exclusion programs they have. Full disclaimer: by registering an account we (the website owners and/or employees) will receive a small percentage of the amount of money you wager, that money is used to finance the operation of this website. Players must be 18+ and online gambling must be legal in your jurisdiction. All the details can be found below.

SlotV live casino & sportsbook, current 2023 promotions for new and returning players

SlotV gambling website & bookmakers' promotions:

  • 100% welcome bonus Up To €500 + 50 Free Spins
  • Free spins every day for returning players
  • 33% reload bonus for returning players

USA, Germany, Australia, Denmark, Italy and UK players are not accepted (+ 13 other countries). Full list of banned countries can be found below.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

All bonuses, free spins, and other promotional offer displayed on this page are subject to the following wagering limitations and playthrough requirements.

Although, we aim to update this section often, it's best to check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date by the time you are reading this).


General bonus terms and conditions at SlotV:

  • welcome bonuses are only available for 30 days after account creation
  • the minimum deposit to receive any bonus is €10
  • the bonus + deposit needs to be wagered within 7 days from date of activation

Playthrough requirement of the welcome bonus: 27x, the deposit bonus amount must be wagered 27 times before withdrawal.

Playthrough requirement of the free spins: 30x, the deposit bonus amount must be wagered 30 times before withdrawal.

The following types of online casino games only contribute partially to the fulfilment of the wagering requirement:

  • Jackpots - 0%
  • Blackjack - 10%
  • Poker - 10%
  • Roulette - 10%
  • Baccarat - 10%
  • Lottery - 0%
  • Video poker - 5%
  • Game shows - 0%
  • Virtual Sports - 0%
  • Others - 0%
  • Scratch Cards - 0%
  • Most slots count 100% towards the playthrough requirement. However, there are some exceptions, you can find that constantly updated list of the casinos' website.

Playthrough requirement: no playthrough requirement for the extra weekly money, in case of the welcome bonuses:

  • Minimum deposit amount: €10
  • Maximum bonus amount: €500
  • Wagering requirements: x27 (deposit + bonus)

In case of the free spins:

  • Participating slots: Jungle Jim and the Lost Sphinx (changes often, check the casinos' website for the current slots, where you can use your free spins, or ask the customer support)
  • Bet per spin: €0,10
  • Wagering requirements: x30 (bonus)
  • Limit on withdrawing from the free spins: x10
  • 7 days for wagering

Wagering limitation:

  • 7 days for wagering
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.
  • Please note that the free spins will appear on the account, once the 150% bonus has been wagered. Your players will get 10 free spins per day over the course of 5 days (50 free spins in total), not all at once.

UPDATE 2023: The online casino does not use the global pandemic situation for advertisement purposes, or to encourage the usage of its online gambling platform. In fact, it's forbidden to use the namesake, name, likeness and official logo or any depiction of the casino/company (and this casino gambling blog) in conjunction with any marketing campaign, which uses the novel coronavirus pandemic for promotional purposes.


SlotV online casino does not accept players from:

Free bitcoin giveaway

This is a banner of freebitco.in bitcoin and fun token crypto wagering website. The banner displays information about the current 2023 virtual currency raffle, and no registration promotion currently offered by the Indian digital gambling website. You can read more information about the gambling platform and their hourly cryptocurrency giveaway. By clicking on the picture you will be taken to the virtual currency betting website. By placing bets on the website we get a percentage of your bets placed as affiliate commision. Thank you for supporting the website.

Free bitcoin giveaway, $0.1 to $ 200 every hour, real no deposit promotion, no wagering requirement bitcoin gambling and betting

One of the rare, genuine ways to actually get free bitcoins online. 100% legitimate, in operation for 10+ years, no deposit or registration required (we are using this site for 1+ years, payout guaranteed, not a scam).
You have to manually enter the bitcoin raffle every hour and you will be able to win anywhere between 0.00000009 BTC - 0.00878696 BTC + occasional special prizes.



You can realistically make around €200 per month if you roll every hour and participate in all the other promotions they have as well (wheel of fortune, lottery tickets etc..., all free).

/However, you have to manually spin every hour to get this amount, including at night, therefore, realistically, the amount you can expect will be less./

They also have many other ways to win bitcoin, or FUN tokens, including: online casino section, sports betting, betting on cryptocurrency prices, wheel of fortune, lottery etc...

No wagering, playthrough requirement, limitations.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

Because this is a crypto-only gambling website there are no restricted countries. Everyone over the age of 18 can play (or 24, depending on what is the legal online gambling age in your country).
Only bitcoin and FUN tokens are accepted. You have to deposit bitcoin to a specific bitcoin address and it will show up on your balance.

No wagering and playthrough limitations, requirements.

The only hidden fee is that if you win items, physical prizes, in those cases the shipping cost is not paid by them and you will required to pay for shipping (or you can opt to receive the equivalent of the prize in bitcoins if you don't want to pay for transportation).

UPDATE 2023: They also offer an annual 4- 5% interest rate on the FunFair (FUN) tokens you purchase with bitcoin (it's their own cryptocurrency).

 

 

Miami Club Digital Casino Destination

This is the banner advertisement of the gambling website Miami Club, it displays the various bonuses and promotional offers currently available at the digital gambling website, including their terms and conditions and legally mandated player protection information. The picture acts as a link and by clicking on it you will be taken to the electronic wagering platforms, where you can check out the most recent 2022 bonuses, codes, promos and you can register and play if your over the age of 18 (you can try out the games for free, no registration is needed for the free to play mode).

Miami Club online casino, 18+

  • Welcome bonus, 100% up to $100 on your first 8x deposit (up to $800 total)
  • Exclusive bonus code: MIFREE20, $20.00 free, every month, not just for new players, for returning players as well
  • Free spins, use coupon HOTWINGS to get 150% up to $150 plus 30 spins on the Funky Chicken 5-reel, limited time only (by the time you are reading it probably expired, only valid for a few days)

USA players accepted, Canada, Netherlands, Israel, France, Australia and UK players are not accepted. You can read the review of Miami Club Casino here.

Playthrough requirements and wagering limitations

Check the gambling website for the most recent bouse promotions and playthrough requirement and wagering limitation information. The deposit bonus amount must be wagered 40x times before withdrawal, depending on the type.
Type of game: Count towards wagering requirement: 
Keno, Dazzling Dice, Poker Slots, Bingo Bucks - 100%
Table games 10%
Blackjack or video poke 10%
Slots 100%
Roulette, Craps or Baccarat 0% - Forbidden!
 
Wagering limitation:
  • UPDATE 2022: The wagering of any portion of a non-deposit bonus on Roulette, Craps or Baccarat games is strictly forbidden!
  • Currently, bonuses are not available to players registering accounts from the following countries: Russia, Ukraine.
  • Bonuses cannot be combined.
  • Miami Club casino requires that a deposit of at least $25 is made on all accounts before any cash withdrawal is processed to comply with anti money laundering laws + mandatory ID check required by law (law to fight financing of terrorism and payment processor require this as well). The deposited $25 can be withdrawn afterwards with the winnings.

Bet Online Casino, Bookmaker & Poker

This is the promo banner of Bet Online, the US-friendly digital bookmaker, internet poker and online casino website. The banner provides information about the latest 2022 promotional offers and bonus codes, which are offered currently by the gambling platform to new and returning players. This picture acts as a link. By clicking on it you will be taken to the website of betonline.ag, where you can register and start playing if you create a player account (must be 18+).

Bet Online casino, poker and sportsbook

  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • 25% - 50% sports betting reload on every qualifying bet, code: LIFEBONUS  (for the 25% bonus) and BOL1000 (for the 50% bonus)
  • +100% welcome match bonus up to 100% on your first deposit using bitcoin, bitcoin cash, ethereum, ripple, litecoin or DASH. No code required + 5% crypto boost afterwards on future deposits
  • 100% poker bonus
  • 10% weekly rebate, cashback for returning players

You can read the review of BetOnline here. List of countries, from which they do not accept players can be found in the review and below. North American players accepted.

Playthrough requirements and wagering limitations

All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date).
Playthrough requirements of every bonus and promotion:
  • The deposit bonus amount must be wagered 30 times before withdrawal, usually (sports betting and poker bonuses 10x)
  • Forfeiting the bonus will result in the bonus and any subsequent winnings associated with it to be removed from players accounts.
  • Only one bonus can be active at a time, playthrough requirements must be met before additional promotions can be received.
  • Players must use the related bonus code in order to receive a bonus (if it has a code, not every promotion requires one).
  • Bonus funds will only be available on the Betsoft games, the other providers are not eligible,, unless otherwise stated.
  • In cases where rollover or other criteria specified in the individual bonus terms and conditions are not met within 30 days, any remaining bonus funds and associated winnings will be forfeited automatically.
  • Wagering requirements must be fulfilled before any winnings can be withdrawn.

Playthrough requirement contributions: The following table show the contribution of the various types of games towards the fulfillment of the wagering requirement.
Game types: Contribution:
Slots (progressive jackpot slots excluded) 100%
Roulette (All versions), Draw High-Lo, 3 Card Rummy 20%
Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10%
Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5%
Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
This only applies to casino bonuses, sports betting or poker bonuses have different wagering limitations (can be found on the company's website). BetOnline does not accept players from:

Fair Go Aussie Themed Casino

This is a banner of Fair Go internet casino website's current 2022 promotions, bonuses. FairGo is an Australian ("Aussie") themed casino, which accepts players from Australia and New Zealand. The picture also act as a link, by clicking on it you will be taken to the free to play area of the digital gambling website, where you can try out their games for free without spending any money, and you can register a real player account if you are 18 or older. Terms and conditions and requirements can be seen below the banner and on the casino's website.

FairGo - click to check out the digital casino, latest promotions, offers, hundreds of pokies, Aussie players welcome

Promotions:
  • 100% welcome bonus up to $200, on your first 5 deposits (total $500), coupon code: WELCOME
  • 100 free spins with code: DOD-GOW (limited time only, please let me know when the code expires)
  • 150% bonus and 50 spins on the new slot Lil Red ($20 minimum deposit requirement), coupon code: LILRED150, or on the slot Hyperwins, bonus code: GETHYPED
  • Special Neosurf bonus, deposit using Neosurf and get a 200% welcome bonus (only once per player), promo code: 200-NEO

Only one bonus can be active at a time. North American players are accepted at the casino. FairGo Casino does not accept players from: Moldova, Israel, UK. You can read the full review of Fair Go casino here.

Playthrough requirements and wagering limitations

Disclaimer: The casinos is not actually an Australian online casino, the company is not registered in Australia, it's only "Aussie" themed.
All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date). Terms and conditions of every bonus and promotion:
  • Players from the following countries do not qualify for any bonuses: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Brazil, Bulgaria, Hungary, Indonesia, Kazakhstan, Kyrgyzstan, Lithuania, North Macedonia, Malaysia, Mauritius, Moldova, Montenegro, Poland, Romania, Russia, Germany, Slovakia, Slovenia, Tajikistan, Thailand, Turkmenistan, Ukraine, United Kingdom, Uzbekistan.
  • Only one bonus can be active at a time.
  • Only real money players, who completed the registration are eligible for a bonus.
  • No deposit bonuses hold a maximum cash out limit which is 5x the bonus amount unless otherwise specified.

Playthrough requirement:
  • The deposit bonus amount must be wagered 60 times before withdrawal, unless otherwise stated.

Wagering requirement contributions: The following table show the contribution of the various types of games towards the fulfillment of the wagering requirement.
Game types: Contribution:
Slots (a.k.a. Pokies) 100%
All types of Blackjack, Video Poker, Craps, American Roulette, Baccarat and other table games and non-pokies games 0%

 

Mr Bit Casino and Sportsbook

This is a banner displaying the various bonus offers of Mr Bit casino. On this page, right under the banner, you can read about these latest 2022 promotions, free spins and their terms and conditions, playthrough requirements, wagering limitations and their player protection, self exclusion and harm mitigation features. This is an advertisement, by clicking on the banner you will be taken to website of Mr. Bit, where you can register an account and place bets with real money. Full disclaimer: by registering an account we (the website owners and/or employees) will receive a small percentage of the amount of money you deposited, self exclusion from the casino website is possible. Must be 18+.

Mr. Bit casino & bookmaker, current 2022 bonus offers, welcome bonus, free spins and offers for returning players, 18+

  • 100% welcome bonus Up To €500 + 50 Free Spins
  • Free spins every day for returning players
  • 33% reload bonus for returning players

You can read the full review of Mr Bit casino here

USA, Germany, Australia, Denmark, Italy and UK players are not accepted (+ 13 other countries). Full list of banned countries can be found below.

Playthrough requirements, wagering limitations, terms and conditions and list of restricted countries

All bonuses, free spins, and other promotional offer are subject to the following wagering limitations and playthrough requirements. Although, we strive to update this  section often, it's best if you check the company's website for the latest and up to date bonus terms and conditions (they change it quite often, with every new bonus, it's possible we have missed something, or it's no longer up to date by the time you are reading this).


General bonus terms and conditions at Mr. Bit and its sister sites:

  • welcome bonuses are only available for 30 days after account creation
  • the minimum deposit to receive any bonus is €10
  • the bonus + deposit needs to be wagered within 7 days from date of activation

 


Playthrough requirement of the welcome bonus: 27x, the deposit bonus amount must be wagered 27 times before withdrawal. Playthrough requirement of the free spins: 30x, the deposit bonus amount must be wagered 30 times before withdrawal.


Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus:

  • Minimum deposit amount: €10
  • Maximum bonus amount: €500
  • Wagering requirements: x27 (deposit + bonus)

In case of the free spins:

  • Participating slots: Jungle Jim and the Lost Sphinx
  • Bet per spin: €0,10
  • Wagering requirements: x30 (bonus)
  • Limit on withdrawing from the free spins: x10
  • 7 days for wagering

Wagering limitation:

  • 7 days for wagering
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.
  • Please note that the free spins will appear on the account, once the 150% bonus has been wagered. Your players will get 10 free spins per day over the course of 5 days (50 free spins in total).

UPDATE COVID-19: The online casino does not use the global pandemic situation for advertisement purposes, or to encourage the usage of its online gambling platform. In fact, it's forbidden to use the namesake, name, likeness and official logo or any depiction of the casino/company (and this casino gambling blog) in conjunction with any marketing campaign, which uses the novel coronavirus pandemic for promotion.


Mr Bit Casino does not accept players from:

 

 

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 casinos in the country, especially if you are from Iceland or nearby. Thank you.

 

To learn more about the legal status of casino gambling in the country, check out the guide to the legal status of gambling in Iceland.

 

Simon’s Guide to Land-based and Online Casinos in Iceland is part of Simon’s Online Casino Guide.

 

Last updated: 2021-10-22

 

Gamble responsibly,
SimonTheSorcerer

Last Updated on 2021-10-22 by Simon

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Summary:
Simon's Guide to Iceland Online Casinos
Article Name:
Simon's Guide to Iceland Online Casinos
Description:
A guide to the legal status of land-based and online casinos and slot halls in Iceland, including taxation, licensing, age requirement and a list of online casinos, which accept players from Iceland.
Author:
Simon András Péter (SimonTheSorcerer)
Publisher:
Simon's Online Casino Gambling Blog
Publisher Logo: