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The Ultimate Guide To Online Casinos in Iceland

Iceland's Best Online Casinos: Reviewed and Rated by Experts and Users

Being an Icelander means enjoying some of the most beautiful views in the world and living in an outdoor heaven. But we are not here to talk about the views. What we want to talk about is online casinos in Iceland. You will not find any land-based casinos on the island. However, you can play the best online casino Iceland from your home. 

This page explains everything you need to know about playing the top online casinos in Iceland

First, you should know that Icelandic players can play in casinos from licensed by other countries without any worries. The Icelandic government does not allow gambling in Iceland, but they can't do anything to players who play.

We hand-picked the online casinos listed on this page after making deposits and using them firsthand. We rank the brands based on years of experience playing online casino games. These casinos also have an excellent reputation. They are safe and have everything you need for a great experience.

Here's a quick explanation of what we check when we rank the casinos.

Reputation

Reputation is the most important thing when choosing an online casino. A reputable online casino is fair and will never risk its hard-earned reputation. We sum up the total reputation score made out of these parameters:

We read many casino complaints
Casino Complaints
We value user reviews
User Reviews
We value fast payout times
Payout Times
We make sure users get fair and good promotions
Generous Promotions

Licensing

We rank the best online casino Iceland that has a proper license from a reputable authority. In most areas of the world, online casinos approved by the MGA (Malta Gaming Authority) or UKGC (United Kingdom Gambling Commission) are the best options.

Customer Support

We test the customer support of every casino we list and check the following:

Importance of 24/7 customer support
24/7 Support
Make sure live chat is available
Live Chat Feature
Check the response times of customer service department
Fast Response
Find customer support available in your preferred lagnuage
Multilingual

Promotions

Promotions are a big part of the online casino experience. We make sure the promotions offered by the best casinos in Iceland are fair and valuable.

Game Variety

For maximum amusement, we make sure the best casinos in Iceland have the following:

Large variety of game providers
Many Software Providers
Large selection of games
Extensive Game Selection
Live table games available
Live Table Games
Progressive jackpots
Progressive Jackpots

Payment Methods

We like having a large selection of reputable deposit methods. It makes a crucial aspect of online gambling, depositing and withdrawing, much more convenient.

Learn More

We created thorough guides on every aspect of having a great online casino experience:

If you are ready to start playing and have enough information, Choose one of the best casinos on the list below.

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Fairspin Casino
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4.8
★★★★★
★★★★★
Bonus:
150% up to $/€100000
Videoslots Casino
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4.8
★★★★★
★★★★★
Bonus:
100% up to $/€200
Guts Casino
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4.8
★★★★★
★★★★★
Bonus:
100% up to $/€100
Winz Casino
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4.7
★★★★★
★★★★★
Bonus:
Up to $5,000 in Wheel of Winz
Dunder Casino
+
4.7
★★★★★
★★★★★
Bonus:
100% up to $/€100
Mr Green Casino
+
4.7
★★★★★
★★★★★
Bonus:
100% up to $/€100
Casumo Casino
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4.7
★★★★★
★★★★★
Bonus:
100% up to $/€1200
Rizk Casino
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4.6
★★★★★
★★★★★
Bonus:
100% up to $/€100
BitStarz Casino
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4.5
★★★★★
★★★★★
Bonus:
100% up to $/€100
Bets.io Casino
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4.3
★★★★★
★★★★★
Bonus:
100% up to $/€30000
Bitsler Casino
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4.3
★★★★★
★★★★★
Bonus:
100% up to $/€700
Slotland Casino
This country accepts users from your geo
4.2
★★★★★
★★★★★
Bonus:
100% up to $/€1000
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Top 5 online casinos in Iceland

Top 5 Online Casinos in Iceland - Expanded View

1. Overall Best Online Casino in Iceland - Fairspin

Games -
Best Online Casinos That Have Baccarat
Baccarat
Best Online Casinos That Have Bingo
Bingo
Best Online Casinos That Have Blackjack
Blackjack
Best Online Casinos That Have Keno
Keno
Best Online Casinos That Have Live Dealer
Live Dealer
Best Online Casinos That Have Roulette
Roulette
Best Online Casinos That Have Slots
Slots
Best Online Casinos That Have Video Poker
Video Poker
License - Curaçao
Widthdrawal Limits - Not stated
Welcome Package - 150% up to $/€100000 + 110 free spins
Fairspin Casino Pros
Perfect reputation.
Accepts Bitcoin.
The first Blockchain casino.
Extensive selection of games.
Big selection of game providers.
150% on first deposit up to 100.000$ (upon promo code: TCS ).
Fairspin Casino Cons
Not all payment methods are available for all countries.
More on Fairspin Casino

Iceland's top online casino stands out due to its impeccable reputation, stylish design, and vast collection of 5,000+ games. It supports 50 cryptocurrencies with swift transactions. While they can withhold withdrawals over $5,000 daily, they've never done so. The casino is renowned for its generous promotions and multilingual customer support. It's a premier pick for gambling enthusiasts.

2. Best Mobile Icelandic Online Casino - Guts

Games -
Best Online Casinos That Have Baccarat
Baccarat
Best Online Casinos That Have Blackjack
Blackjack
Best Online Casinos That Have Live Dealer
Live Dealer
Best Online Casinos That Have Roulette
Roulette
Best Online Casinos That Have Slots
Slots
Best Online Casinos That Have Video Poker
Video Poker
License - Malta, Sweden
Widthdrawal Limits - No Withdrawal Limit
Welcome Package - 100% up to $/€100 + 100 free spins
Guts Casino Pros
Perfect reputation.
Extensive selection of games.
Progressive jackpots are available.
Responsible gambling features are available.
Guts Casino Cons
Not all payment methods are available for all countries.
A lot of restricted countries.
More on Guts Casino

A highly-rated online platform in Iceland. Featuring an impressive game selection. Licensing from the most reputable authorities. Top notch SSL encryption and more. Choosing this platform will guarantee a high-end online casino experience in Iceland.

3. Best Crypto Casino for Icelandic Players - Winz

Games -
Best Online Casinos That Have Baccarat
Baccarat
Best Online Casinos That Have Bingo
Bingo
Best Online Casinos That Have Blackjack
Blackjack
Best Online Casinos That Have Keno
Keno
Best Online Casinos That Have Live Dealer
Live Dealer
Best Online Casinos That Have Roulette
Roulette
Best Online Casinos That Have Slots
Slots
Best Online Casinos That Have Video Poker
Video Poker
License - Curaçao
Widthdrawal Limits - 400,000
Welcome Package - Up to $5,000 in Wheel of Winz
Winz Casino Pros
Big selection of game providers.
Extensive selection of games.
Perfect reputation.
Winz Casino Cons
Not all payment methods are available for all countries.
More on Winz Casino

The best bitcoin casino in Iceland. With an excellent reputation since its launch in 2020, sweet promotions with low wagering, and more. This crypto online casino will provide you with a fun, engaging experience you will not regret. 

4. Reliable and Diverse Gaming Environment - Dunder

Games -
Best Online Casinos That Have Baccarat
Baccarat
Best Online Casinos That Have Blackjack
Blackjack
Best Online Casinos That Have Live Dealer
Live Dealer
Best Online Casinos That Have Roulette
Roulette
Best Online Casinos That Have Slots
Slots
Best Online Casinos That Have Video Poker
Video Poker
License -
Widthdrawal Limits -
Welcome Package - 100% up to $/€100 + 100 free spins
Dunder Casino Pros
Big selection of game providers.
Progressive jackpots available.
Fair online casino.
Dunder Casino Cons
Players from many countries are not accepted.
Phone support not available.
More on Dunder Casino

This online casino is a prime choice for Icelandic players, boasting a perfect score, strict licensing, and games from elite providers like Betsoft. With a wide game selection, a 100% match bonus up to $/€100, and progressive jackpots, this casino site is a reliable option for both newcomers and veteran players, though there are some country restrictions.

5. Award Winning Online Casino - King Billy

Games -
Best Online Casinos That Have Baccarat
Baccarat
Best Online Casinos That Have Blackjack
Blackjack
Best Online Casinos That Have Live Dealer
Live Dealer
Best Online Casinos That Have Roulette
Roulette
Best Online Casinos That Have Slots
Slots
Best Online Casinos That Have Video Poker
Video Poker
License - Malta
Widthdrawal Limits - 40,000
Welcome Package - 100% up to $/€2500 + 250 free spins
King Billy Casino Pros
Extensive selection of games.
Perfect reputation.
Progressive jackpots available.
Rapid verification process.
King Billy Casino Cons
Not all payment methods are available for all countries.
Many countries not accepted.
More on King Billy Casino

An award-winning online casino operating seamlessly since 2017. This reputable brand is home to thousands of games. With support in numerous languages, many deposit methods for many countries and more. Unfortunately, some countries are not allowed on the platform. But In Iceland, this is a great pick. 

Online Casinos in Iceland Video Guide

Reputation of Online Casinos in Iceland

When choosing the best casinos in Iceland, reputation is the first thing to consider. There are no regulations on online gambling in Iceland. To play online, we must rely on online casinos that have a license from foreign authorities. The UKGC (United Kingdom Gambling Commission) and the MGA ( Malta Gambling Authority ) are among these authorities. Both are world leaders in enforcing high standards on the casinos they permit.

Reputable casinos in Iceland took years to build up their good reputation. While ruining a good reputation takes no more than a few bad reviews. Online casinos are aware of how fast a bad review can spread throughout the internet. This is why they are very attentive to players. Most reputable online casino Iceland will do anything to keep their reputations. We list reputable online casinos if they meet the following criteria: 

Importance of casino complaints

Casino Complaints

We are always on the search for bad reviews and complaints about the casino sites we rank. We do so before we add them to our website and repeat the process while they are listed on our website. We give significate weight to casino complaints in our casino reviews. Yet, we also know many reputable and safe online casinos may have bad reviews. It's hard to keep everyone happy. But we take immediate action if we see too many of them.

We keep our eyes open and visit many online resources. When an online casino starts being sloppy, we update our review.

Importance of casino reviews

User Reviews

On our website, you can make a difference. You can submit a review about any online casino in Iceland listed on our site. All you have to do is sign up and write your review. When writing a review, the score of the casino changes based on your review. Do you think an online casino deserves a higher or lower score? Please write your review, and let everyone know what you think! 

Importance of fast payout times

Payout Times

The best online casino Iceland will make it a top priority to pay players on time. Payment processing times should be clear. And all this information should appear in the Cashier's section. We recommend online casinos that we know pay fast and on time. 

Important of fair and good promotions

Generous Promotions

More and more people are playing at online casinos these days instead of going to physical casinos. Why? Well, one big reason is the cool bonuses they offer, like the deposit bonus, welcome bonus, and the no deposit bonus. Basically, these bonuses mean you can play with more than you put in. At regular casinos, you can only play with what you bring.

But there's a catch. These online bonuses often come with rules and conditions. For example, a no-deposit bonus might sound great, but you might have to bet it many times over before you can cash out. Or a welcome bonus might only be for certain games. So, always read the fine print before jumping in.

Want to know more about these bonuses? Learn more about bonuses here. But remember, choose online casinos that are clear about their bonus rules and are fair. That way, you get a fun and straight-up gaming experience.

Customer Support

Customer support is one of the most critical parameters when choosing the best online casino in Iceland. Playing casino games in Iceland involves gambling on real money. And when real money is in the picture, you want someone to be able to assist in case anything isn't working. The better casino sites in Iceland are fully aware that players need support. When players have the proper support, they will play longer. 

When ranking the casino sites on this page, we consider several parameters, including: 

Importance of 24/7 customer support

24/7 Customer Support

Having someone ready to assist you around the clock is crucial. If you want to play during night hours, or you're playing at an online casino based elsewhere around the world, you don't want to encounter any issues. And when you do, you want someone on the other side.

Importance of the live chat feature

Live Chat Feature

The live chat feature is typically incredible. It allows you to have immediate feedback on your issue. Sometimes, there may even be a chatbot with previously made answers. On other occasions, a chat representative will join the chat and assist you. We highly recommend choosing online casinos that have live chat.

Importance of fast response from the customer support

Fast Response

Having 24/7 customer support or a live chat feature is only a little help if no one responds. We check the response times of casinos before listing them. We highly recommend you do the same. Register an account and ask for assistance making a deposit. This way, you will know whether the customer support department is ready to help.

Importance of customer support in your preferred lagnuage

Multilingual Customer Support

It is challenging to find if you are not fluent in English and need support in Icelandic. The online casinos listed on this page will offer support in languages other than English. Some will be ready to assist you in German, Danish, or French. Unfortunately, only a few casinos will be ready to assist you in Icelandic.

We make it a habit to test the customer support department every time we try a new online casino in Iceland. We recommend you do the same!

Icelandic Casino Bonus Offers

On our website, you'll find online casinos with extra perks. Many Iceland online casinos offer bonuses, like a 100% deposit match up to a certain amount. For example, if you deposit $100 and the bonus is 100%, you'll have $200 in your balance. Note that these funds are for playing only, not for withdrawing. You will understand more when you read the bonus terms. Reading the bonus terms is a must when claiming a bonus.

Most online casinos in Iceland give match bonuses for your first three or four deposits. All the casinos we review offer some bonuses. These can change, so check the promotions section when you visit the casino. Keep in mind online casinos offer bonuses to compete with each other. But it's best to choose a casino based on other criteria first and compare bonuses after. Be cautious of unrealistic bonuses. They may trick you into depositing funds into a rogue casino.

Casino Games Available in Iceland Casinos Online

Online casinos in Iceland have games, a lot of games. One of the best things about online casinos is that, unlike land-based casinos, online casinos can host as many casino games as they want. Thousands of games can be found in each online casino. Luckily for Iceland casino players, the best casinos accept players from Iceland.

Some of the most popular casino games in Iceland are : 

Online slots in Iceland

Slots have always been one of the most popular casino games for any online casino enthusiast. And Iceland casino players like them as well. Among the more popular types of online slot machines, you can find - 

  • Classic slots
  • Five-reel slots
  • Progressive slots
  • 3D slots

Slot machines give you the thrill of winning a tremendous prize every time you spin. The game is very diverse, and many software providers from around the world try to innovate and create more unique games and promotions systems, so you can never have enough of playing online slots. 

Online Blackjack in Iceland

Blackjack, sometimes called 21, is a very popular card game where each player receives two cards and can draw more cards until they reach as close to 21 as possible. Passing 21 means you lose, and getting a perfect 21 is the best. Image cards count as 10, and number cards count as their value. Aces are equal to 1, or 10, depending on the total score. 

Blackjack in Iceland is very popular, and Iceland casino players love the game very much. Check out our dedicated page about Blackjack in Iceland.

Online Roulette in Iceland

The most iconic online casino game is Roulette. You choose a number or a few and wait for the dealer to spin the wheel. How exciting is that? If the ball lands on a number you picked, you win! 

There are different rules to different types of Roulette, but generally speaking, you need the ball to land on your numbers.

Here are some of the Roulette types you can find on Iceland roulette sites

  • American Roulette
  • European Roulette
  • French Roulette

Live dealer games in Iceland

Live dealer games are online casino games played in a video stream. A real person is dealing with the cards or spinning the roulette wheel while you place bets. 

Live dealer casinos in Iceland are very popular because the people of Iceland love to gamble, and there are no land-based casinos in Iceland. Meaning they can only participate in gambling if they travel abroad. 

With live casino games in Iceland, you can have the closest possible experience playing casino games in Iceland. Among live dealer games, you can find:

  • Live Roulette
  • Live Blackjack
  • Live Poker
  • Live Baccarat

Software Providers

When evaluating online casinos in Iceland, we prioritize variety in games above all else. We look at the number and types of games offered, as well as the diversity of software providers available. Online casinos that work with reputable providers such as Microgaming, NetEnt, and Betsoft are generally considered reputable themselves.

To determine the best online casino for you, consider the types of games you prefer. If you enjoy slot machine games, look for a casino with a large selection. If you prefer Roulette or Poker, seek out a casino with multiple tables available. We also provide information on whether an online casino offers sports betting.

Our goal is to cater to all readers, so we strive to ensure that all types of games are available on the top Iceland casino sites listed on our page. Whether you are looking for a fun, all-around gaming experience or specific types of games, our list should have something to suit your needs.

Payment Options for Deposits and Withdrawals in Best Iceland Online Casinos

We value two things concerning deposits and withdrawals. Variety of payment methods. Fast processing times. And withdrawal limits. The best casinos in Iceland will have good scores in all parameters. We also typically rate an online casino in Iceland based on local preferences for payment methods. Icelandic players prefer playing with standard deposit methods, like credit cards.

Please keep in mind that this page features a filter system. Using our filter, you can find any personal preference. The best online casino in Iceland that fits you best is only a few clicks away. 

Popular Payment Methods in Iceland Casinos Online

Payments in Iceland happen mostly using credit cards. However, e-wallets such as Apple Pay also have a growing popularity. With high internet connectivity and a preference for online shopping, it is clear why. 

Here are the statistics : 

  1. Credit and Debit Cards: The primary payment methods in Iceland. Nearly 8 out of 10 Icelanders (78%) used credit cards for recent online purchases. Almost half (46%) consider it their primary payment method. Debit cards are also widely used, both online and for in-store purchases. Visa and Mastercard are the most accepted card networks in Iceland.
  2. Digital Wallets: Digital wallets are gaining popularity in Iceland. This includes services like Apple Pay, which is increasingly used for contactless payments. About one-third of Icelanders have used a digital wallet for an online purchase. This is a strong indication of a growing trend toward this payment method.
  3. PayPal: PayPal receives our special attention in Iceland. With a whopping 39% of Icelanders having used it in the past 90 days for online transactions.
  4. Bank Transfers and Direct Debits: Credit cards are popular for in-store purchases. Direct debits are mostly used for recurring payments and utility bills. However, these are less popular for online casino payments. 
  5. Cash Usage: Cash use is minimal in Iceland. The majority of the population operates in a largely cash-free environment. Only 1% of Icelanders prefer to pay with cash. 
  6. E-commerce Purchases: Icelanders are active in online shopping. With 65% purchasing takeout food online, 47% buying groceries, and 46% purchasing books, music, and other media in the last 90 days.

It is clear that Icelanders are technical-oriented people. Iceland is already leading the online payment revolution. It is interesting to see what future trends will be adopted by the Icelandic people. 

Popular payment method statistics in Iceland
Best Iceland Online Casino Deposit Methods

Popular Deposit Methods

Paypal has been the most widely used online payment method for many years. Features such as fast payment processing, easy-to-use platform, and the acceptance of Paypal worldwide are the reason for its success. Additionally, Paypal is a sign of trust for many people. They achieved their status as a safe payment method online because they allow clients to receive refunds, which is crucial to many users.

A big part of playing in online casinos is how to deposit funds. Some make this decision easily, while others have to think it through. However, it's always something to think about. Some casinos might offer different deals on different deposit methods. Or different transaction processing times. And some countries won't allow for specific deposit methods to be used for online gambling. So these are all things to consider. Visa is an excellent option if you wish to fund your account with it.

Best Mobile Casino Options in Iceland

In recent years, and whether we approve or not, everything has gone mobile. We spend most of our time reading the news, chatting, and even playing games on mobile devices. Today, any player that wants to play in Iceland casinos should choose a mobile-friendly online casino.

Several years ago, that meant you had to download an app to your phone, but this is no longer the case. Technological advancements in web development, such as HTML5, made it possible for casino games to work live on the web. Online casinos on this page are all mobile-friendly and are considered to be the best Iceland mobile casinos.

Pros and Cons of Iceland Online Casino Sites

Playing online casino games in Iceland does come with many upsides, offering great value and high-quality entertainment right from the comfort of your own home. However, it's crucial to acknowledge that online gambling also has its downfalls.

Pros
  • Entertainment: In the colder days in Iceland, online casinos offer a variety of games. These provide diverse entertainment options for players.
  •  Convenience: Players can access online casinos from the comfort of their homes. No need to visit a physical location, and making it accessible and hassle-free.
  • Potential for Profits: While gambling always comes with a risk, players can win money. Sometimes even significant amounts.
  • Promotions and Bonuses: Online casinos often offer players promotions, bonuses, and rewards. These allow them to play more games or increase their potential winnings.
  • Play at Your Own Pace: In physical casinos, there might be pressure from other players. Online platforms allow individuals to play at their own pace and comfort level.
Cons
  • Legal Gray Area: Online casinos are not regulated in Iceland. Playing on these platforms can expose players to risks. Choosing reputable brands is critical.
  •  Risk of Addiction: The convenience of online casinos can lead to excessive gambling. Potentially leading to addiction and financial problems.
  • Potential for Scams: Players are at higher risk without a proper regulatory framework. Beware of fraudulent websites that might scam you out of your money.
  • Lack of Social Interaction: Playing online can be isolating. It lacks the social ambiance and interaction that comes with traditional casinos.
  • Economic Implications: Money spent on foreign online casinos doesn't benefit the Icelandic economy. Those funds are directed outside the country.

Why Trust Us

TopCasinoSearch is a website I, Dave, created to help people find online casinos. I have been playing online casino games for over ten years. In this time, I learned firsthand how to discern the best Iceland online casinos from the rest. Back when I started out, the online gambling industry used to be full of rogue websites that would rip people off. Today, things have changed, and most brands are actually pretty good. However, choosing one from the thousands available can be daunting. That's why I established TopCasinoSearch—to make it easier for individuals to find a casino based on their preferences. Using our process of evaluating online casinos, the task of finding the best sites to play is easier. You can either follow our footsteps or choose one of the brands on this page.

Laws and Regulations about Gambling Online in Iceland

Current online gambling laws in Iceland are not very favorable for us players, but that doesn't mean that you can't participate in online gambling in Iceland. Asking the right questions, and having the correct answers, can lead to an incredible gambling experience for you. Playing online casinos in Iceland is possible, easy, and safe, and we will cover everything there is to know about gambling in Iceland.

Land-based Gambling in Iceland

At the moment of writing this page, land-based gambling is illegal. Finding a land-based casino where you can make deposits in ISK is an almost impossible task. Both in Reykjavik as well as other parts of Iceland as well. There are gambling dens, where groups of acquaintances meet and play together for real money. The only form of legal land-based gambling in Iceland is gambling activities for charity purposes. Charity gambling is a known form of non-profit gambling where profits go to charity. And even this exception isn't very popular. So generally, no. It is illegal and hard to find places to gamble in real life in Iceland.

Online Gambling Laws in Iceland

Most of our Icelandic readers want to know, can you legally play online casinos in Iceland? In short, the answer is YES. You can gamble online in Iceland and not break the law. Yes, you can do so, even though legal online casinos are not available. The online casino industry in Iceland is very active. Where there is demand, there is supply. And legal Icelandic online casinos, which operate throughout Europe, also accept wagers from Icelanders. For us as players, there is no problem with gambling online. The government does not prosecute players for playing. Anyone can do so from the comfort of their home. The only downside to not having Icelandic licensed online casinos is that it makes it up to us to choose the best casino in Iceland. You don't have anyone to talk to in case anything goes wrong. That is why we created this list and thoroughly selected the top online Casinos in Iceland, where you can play safely and have a good time. We explain how we choose the best online casino in Iceland on this page. We encourage you to make sure that you make any deposits online in a good and safe environment.

Legal Status Summary for Online Casinos in Iceland 

Online casinos are not legally permitted in Iceland. Icelandic citizens can legally play on off-shore licensed online casinos. The European Economic Area (EEA) legislation is applicable in Iceland and protects players.

The European Union does not enforce changes in local laws about casinos. But, it advocates for legislation in member countries, including Iceland.

According to the General Penal Code (Article 183 and 184), most forms of gambling and income derived from it are illegal in Iceland. Exceptions exist for gambling establishments that donate all profits to charity. The University of Iceland and Íslandsspil are two such licensed establishments.

In 2020, the Icelandic Government launched a plan describing steps for a safer gambling environment for players. including oversight by the Money Laundering Unit of the Directorate of Internal Revenue.

Despite ongoing debates in the Icelandic parliament. There are currently no significant changes expected in Iceland's gambling legislation.

While gambling is illegal in Iceland, many reputable online gambling platforms will accept Icelandic players without legal risk.

Read more about gambling laws in Iceland

Online Gambling Age in Iceland

Since there are no online gambling regulations, there isn't any specific gambling age. However, if you want to play at a reputable and safe online casino, you won't be able to do so before 18. Most reputable casinos in Iceland accept only people who are 18 or older. There are some exceptions, and some online casinos might require you to be 21. You should check that specifically before you deposit any casino.

Nice to know about Iceland

Iceland is a country that attracts visitors from around the whole world. And for a very good reason, it is remarkable and unique.

Here are some interesting facts about Iceland

Iceland has one of the biggest geothermal cities in the world - Reykjavik. A geothermal city is a city that uses heat emerging from the center of the earth and creates steam to produce electricity. This electricity is then used to power the city! It would also power a Reykjavik casino if one existed. However, unfortunately, there are no land-based casinos in Reykjavik.

 Iceland is home to the world's largest lava field called, Eldhraun. It was created in the late 1700s during the eruption of a volcanic fissure called Laki. The gigantic site consists of 565 square kilometers. Another exciting fact about the lava field is that before the Apollo 11 mission, the crew practiced moonwalking there! 

Reykjavik is the most northern city in the world, and it holds 60% of the population in Iceland.

History of Gambling in Iceland

During the country's history dating back to 1944 at its current republican constitution, there weren't many changes with the approach towards gambling. Yet, some important events in the country's history have shaped the current situation. Today, land-based gambling in Iceland is illegal. On the other hand, online gambling isn't legally forbidden, and you can participate without fear of prosecution. Remember, though. It is also not legally allowed in Iceland. Online gambling is currently a gray area in the country. Land-based gambling is strictly forbidden, so you will not find and ISK casinos in the country. 

  • 1926 - The Lotteries Act At the start of the last century, Icelanders participated in foreign lotteries, making the authorities concerned about a flow of capital exiting the country. This situation led to the country's first gambling law. In 1926, the Lotteries Act was approved. The act stated that any gambling operation in Iceland was illegal. The only exception is provided with specific permission. It also noted that any participation in foreign lotteries was also unlawful. This was the first approval of gambling legislation in the country. Iceland was a pioneer in regulating its gambling market, while many countries ignored the industry and let the gambling industry operate unregulated and interfered. Iceland has taken the matter into their hands, and The Lotteries and Tombola's Act, which was the original name of the act, has made gambling illegal. 
  • 1933 - First Change in the Law Since then, up until 1933, no one has changed this law. In 1933 however, the University of Iceland declared its creation of a lottery. To enable this, the government revised the Lotteries Act to allow some gambling activities to occur. The condition they forced was that at least 80% of all profits received would be transferred to the university's budget, where it will then be redistributed to meet any of the university's needs. Since then, other lotteries have come up and serve charity purposes. 
  • 1972 - Founding of Sport Lottery In 1972 the Iclandic government amended the lottery act to allow more lotteries to operate. 
  • 1986 - First State General Lottery In 1986 the country created a general lottery which is regulated and permitted. 
  • 1994 - Iceland Slot Machines In 1994 Iceland legalized land-based slot machines. The condition under which you could operate such slot machines was that the profits would go to charity organizations. These slot machines are very popular throughout the country. The reason for that is that besides online casinos accepting Iceland players. The people of Iceland don't have many other options. Thus, today's legal gambling market consists of three-monthly lotteries, EGMs (electronic gambling machines), National Lotto, Viking Lotto, Euro jackpot, scratch cards, and sports pools. 

To summarize all of the above, gambling in Iceland is generally legal for players, under certain conditions for operators. If the organization featuring gambling activities has to have a proper license, and it should give all of the profits to charity organizations. Anyone who meets these conditions can apply to receive a permit. Besides that, it is illegal to gamble inside Iceland. However, the current law does not specify anything regarding online casinos in Iceland. You can safely and legally make deposits and participate in online gambling in Iceland. There isn't any law that says that you can't.

History of Gambling in Iceland

Licenses of the Best Online Casinos in Iceland

Iceland does not issue licenses. Since online gambling is illegal on the island, the government does not regulate gambling sites. Of course, Icelanders can still play casino games online with offshore licensed casinos. Some of the best online casinos in the world accept players from Iceland. These casinos typically hold licenses from the MGA (Malta Gaming Authority), the UKGC (United Kingdom Gambling Commission), and Curacao.

Using a reputable and safe online casino with a license from any of these authorities gives you a great gaming experience. Remember to follow all the steps described in this guide when considering an online casino. 

Best Iceland Online Casino Frequently Asked Questions

Frequently Asked Questions

Are there casinos in Iceland?

The short answer to the question, does Iceland have casinos, is - no. Iceland has no "full-size" casinos, as you would imagine in other European countries. Casinos are not legal in Iceland. However, playing in online casinos isn't illegal, and players can do so freely. Iceland is a licensed-based monopoly country. Certain institutes and charities have a license to operate some forms of gambling. Among them are lotteries, sports betting, and EGMs (Electronic gambling machines). You can find some slot machines around gas stations, for example.

Is online gambling legal in Iceland?

Well, the legal situation in Iceland is a bit, shall we say, "chilly." Technically, online gambling is not allowed in Iceland. However, many Icelanders access offshore online casinos, and there haven't been any reports of players facing legal consequences. Just like the Vikings of old, Icelandic gamblers are fearless!

How do I choose the best online casino in Iceland?

Picking the best online casino is like trying to find the perfect snowflake in a snowstorm. But don't worry. We've got your back! Look for casinos that offer the following:

  • Acceptance of Icelandic players
  • Great game selection
  • Generous bonuses and promotions
  • Top-notch security and licensing
  • Various payment options, including Icelandic Krona (ISK)

Remember, just like building a snowman, finding the perfect casino takes time and patience.

Can I play casino games using Icelandic Krona (ISK)?

Although some Icelandic online casinos cater specifically to Icelandic players and accept ISK, they're as rare as a warm day in January. However, many casinos allow you to convert your currency into more widely accepted options like euros or US dollars. Always check the casino's payment options and currency conversion fees to avoid any surprises.

What types of games can I play at online casinos in Iceland?

Icelandic online casino players can enjoy a wide range of games, just like a buffet of delicious Nordic dishes. Some popular options include:

  • Slots
  • Table games (e.g., blackjack, roulette, baccarat)
  • Video poker
  • Live dealer games
  • Bingo and scratch cards

Remember, variety is the spice of life - so don't be afraid to try new games!

Are there any bonuses and promotions available for Icelandic players?

Absolutely! Online casinos love to pamper their Icelandic players with special bonuses and promotions. Keep an eye out for welcome bonuses, deposit matches, free spins, and loyalty programs to make your gambling experience even more enjoyable.

Can I play at online casinos using my mobile device?

Yes, you can! Most online casinos offer mobile-friendly platforms or apps, allowing you to play your favorite games on the go. So whether you're waiting for the Northern Lights or relaxing in a hot spring, you can enjoy a thrilling gambling experience right at your fingertips. Now that we've answered some of your burning questions, you're ready to embark on your Icelandic online casino adventure. Good luck, and may the Norse gods be with you!

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