Top Online Casinos in Iceland

No online casino is allowed to operate in Iceland legally. The country's criminal code makes it a crime for both consumers and operators to participate in the activity.

This is why you won't find any legal online gambling opportunities on offer today at Icelandic websites. However, this has not stopped Icelanders from enjoying casino games online.

With many online casino sites accepting Icelanders, the citizens don't have to struggle to find where to play. This post explores Iceland's online casino landscape to give you an insight into how it compares to the rest of the world.

Top Online Casinos in Iceland
Online casinos in Iceland

Online casinos in Iceland

Casino players in Iceland have a wealth of online casino sites they can choose from. However, not all Icelanders may be aware of the different things they should look for when picking an online casino. The following tips are helpful in choosing the best one:

License - Ensure that the online casino you are playing at has a license from an accredited body. Well-known licensing authorities include the Malta Gaming Authority, the Gibraltar Gambling Commissioner, and the UK Gambling Commission.

Games - Icelanders should ensure that the online casino they pick offers a good range of games. Variety is key, as players want to find all their favorite games in one place. Look for casinos that offer games from top software providers like Microgaming, NetEnt, and Playtech.

Bonus Offers - Icelanders should also look for online casinos that have good bonus offers. This will give them the chance to boost their bankrolls. Good bonus offers include welcome bonuses, no-deposit bonuses, and high-roller bonuses. Icelanders should also look for casinos with a good loyalty program so that they can get rewarded as soon as they start playing.

Customer Service - Icelanders should also look for online casinos that have good customer support services. Players always want to be able to get in touch with customer service representatives through different channels like email, phone, and live chat.

Online casinos in Iceland
History of gambling in Iceland

History of gambling in Iceland

Iceland was once a haven for gambling, but the country has moved to shut down these businesses in recent years. Iceland is one of few countries that have banned online casinos.

Let's take a look down memory lane. In 1926, the country's authorities approved its first-ever gambling legislation, the Lottery Act.

This came at a time when most European countries were yet to regulate their gambling markets. This act illegalized all the gambling activities that were already happening in Iceland, such as lotteries, bookmaking, and pool betting.

Gambling nowadays in Iceland

The Lottery Act was later amended to pave the way for the University of Iceland-owned lottery on one condition: 8% of the lottery's proceeds would go to the University's kitty. The Lottery Act went further amendments to allow for more lotteries, as long as such lotteries would serve charity purposes. These changes saw the establishment of a state-owned lottery, which operates to this day.

Brick-and-mortar slots received a nod in 1994, as long as all the proceeds from these establishments went to charity. These machines still exist today and are the only casino gaming allowed in the country, besides international casino gaming.

Today, there are no locally run online casinos in Iceland. This leaves Icelanders who want to play roulette, blackjack, poker, and other casinos games with one option of foreign-owned casinos. So, online casino players in the country have a big responsibility to research the online casinos they play at.

History of gambling in Iceland
The future of online casinos in Iceland

The future of online casinos in Iceland

With offshore online casinos quickly gaining popularity in Iceland, it will be interesting to see if the country changes its stance on this form of gambling in the future. Iceland's high levels of internet penetration and the fact that Icelanders love to gamble online make it likely that Iceland will legalize locally operated online casinos in the near future. But what else are we likely to see?

Well, the future of online casinos in Iceland is likely to be bright. Icelanders love gambling, which is something that online casinos are pretty aware of. That means more, and more offshore casinos will most likely accept players from Iceland.

Additionally, we can expect to see better, and more innovative casino games offered by online casinos in Iceland. With the popularity of foreign-based casinos soaring, Icelanders should expect to see more Iceland-specific online casinos.

So, if you're an Icelander who loves gambling, you may have every reason to keep your fingers crossed that the situation will soon become better.

More mobile-friendly casinos

What about mobile gaming? Iceland's future online casino will most likely lean towards mobile devices, given that many Icelanders who own smartphones like to play mobile casino games. Icelanders should also expect online casinos in Iceland to get more technologically advanced.

The future of online casinos in Iceland
Icelandic players' favorite online casino games

Icelandic players' favorite online casino games

Slots - In terms of online casino games, Icelanders prefer playing slot machines more than any other type of casino game. This isn't really all that surprising when you consider that Iceland is home to some of the world's most popular slot machine games.

With the internet, however, this love for slots has not been replicated online. Now, slots are loved by Icelanders because they are easy to play and offer players the chance to win big payouts. Also, the sheer number of online slots to choose from makes the games a favorite for many Icelanders.

Roulette - Icelanders also love playing online roulette, especially European and French-themed versions of the game. The fact that online roulette doesn't require any special skills to play mean Icelanders can quickly jump in and enjoy the game.

Blackjack - Blackjack is another popular casino game among Icelanders. This game is loved for its simplicity and the fact that it can be played with small buy-ins. Icelanders also love the thrill of trying to beat the dealer.

Poker - Icelanders also enjoy playing online poker for the thrill of trying to win money with their skills, and not due to Lady Luck. Icelanders don't shy away from the high stakes of online poker and often participate in big tournaments, competing for cash prizes.

Icelandic players' favorite online casino games