Iceland

Top Online Casinos for Iceland

Iceland is a yellow-level online gambling jurisdiction with limited regulation for a few types of online betting.

Iceland is an island located in the northern end of the Atlantic Ocean. It's located south-east of Greenland and north-west of the United Kingdom.

Overview

Iceland Online Gambling Restriction

From the perspective of the players, online gambling is a wide open industry in Iceland. However, the government has entertained a lot of potential changes to how they handle Internet gambling, which would make it illegal for foreign operators to offer their games.

For the time being, players have a large selection of games and sites to choose from. This includes the Icelandic Getspa online lottery site and the Icelandic Sport Web for sports betting. Both of these sites are backed by the government, and this shows that they are open to expanding online gambling on some level.

Chances are...

... that they will regulate the industry on a more robust level at some point relatively soon. The presence of offshore online operators is one sign of the need for proper regulation, backed by the need for greater variety of regulated gambling markets.

As mentioned, the government has taken a stance towards regulating the interactive gambling industry. Initially, Articles 183 and 184 of the 1998 Criminal Code in the country dictated that all forms of professional gambling were explicitly illegal.

Nevertheless, with the state lottery and sportsbetting service...

... things loosened up for the pool of offshore operators as well.

Nowadays, some platforms are allowed to cater to the Iceland player audience, but all unlicensed websites are prohibited from advertising their products and services.

 Ultimately, just make sure you are 18 or older when signing up at a real money casino or poker site and you should be good to go.

Licensing

Iceland Gambling Law

No true licensing process exists in Iceland. The sites that do operate by the government are done so on a case-by-case basis.

This is the first thing that would have to change for online gambling to gain a foothold in the country as a regulated jurisdiction. The Icelandic Financial Services Authority (FSA) has so far been in charge of the industry’s regulative, policies and other operations.

 What's so interesting about their potential as an online gambling jurisdiction...

... is the position that they have taken against some other countries like the United States in international matters from time to time; that shows that they would likely stand up for what they believed was the right way to handle things regardless of popular opinion.

Player Protections

For the state-operated sites...

... there are strong levels of player protection in place. The general idea is that these sites have high levels of oversight, and players are encouraged to file complaints if necessary.

These complaints are taken very seriously because they are careful not to damage the legitimacy of their brand since they have a virtual monopoly on regulated online lottery tickets and sports betting in the country.

If you're playing on foreign sites from Iceland...

... then you will not have any real form of player protections in place. If this is the case for you, then you should be sure to only stick to the most reputable of sites and to stay away from any sites that haven't proven themselves.

Yet, Icelandic authorities are ultimately concerned about their players’ well-being, evident even from their attempts to shut down the industry just so as to reduce problem gambling. Hence, the anticipated measures of player protection, once defined and enforced, are sure to follow in the same fair and dedicated manner.

Further Reading

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Gamblezen 12/01/24

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New players only. T&Cs apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. Play Responsibly. NO US! 60 Free Spins on Big Bass Splash. How to claim the bonus: Players need to sign up through our LINK and claim the bonus code in the bonus field during registration. Max bet for the bonus: $5. Max cashout: $50. Cashable bonus: Yes. Allowed games: Slots only. Game contribution to the wagering requirements: Slots 100%. Min deposit needed in order to cashout winnings: $20 (verification deposit). Need to register a credit card to claim no deposit?: No. Restricted Countries for the bonus: Brazil.    

5 / 5 Rating

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Tsars 18/06/20

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Winnerz 22/03/22

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New Customer Offer. T&C’s Apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. 100 Free Spins on Book of Dead. Min deposit: 20 €. Max bet: 5 €. Free spins have to be used within 3 days. The wagering requirements have to be completed within 3 days.

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New customers only. T&C apply. 18+. US OK.  256% up to $/€3,000 + 100 Free Spins on The Mariachi 5. How to claim the bonus: Players need to sign up through our LINK go to the cashier and redeem the code before making a deposit and the bonus will be automatically added. Minimum deposit: $/€20. No max cashout. Allowed Games: Non-Progressive Slots (excluding 777), Keno and Video Poker only. Is the offer available on download &/or instant play version? Available on Download and instant. Exclusive promo expires: Until further notice. Restricted countries from the bonus: Bulgaria, Belarus, Bosnia & Herzegovina, Czech Republic, Denmark, Estonia, Croatia, Indonesia, Kyrgyzstan, Kazakhstan, Lithuania, Latvia, Montenegro, Moldova, Malaysia, Netherlands, Netherlands Antilles, Philippines, Pakistan, Poland, Romania, Serbia, Russian Federation, Singapore, Tajikistan, Thailand, Turkey, Taiwan, Ukraine, Uzbekistan, Hungary, Slovakia.

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New customers only. T&C apply. 18+. This offer is not available for players residing in Ontario. Canadian customers must be 19+ to participate. Play Responsibly. Min deposit: 20 €/$. The maximum bet when having an active bonus is €/$. 5 per spin or €/$. 0.5 per bet line. The following games can’t be played with bonus: All roulette games, All blackjack games, All BAccarat games, All Live games.

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Slot Hunter 24/06/20

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New Customer Offer. T&C’s Apply. 18+. 20 Free Spins on 'Super Joker' by Pragmatic Play or 'Monster Pop' by BetSoft. How to claim the bonus: New players need to sign up from our LINK, go to your Account and claim the 20 Free Spins promo, open the game and start playing. Please note: If Pragmatic Play games are restricted for your country, you will receive free spins on 'Monster Pop' by BetSoft. Maximum cashout: 50.00 EUR, 50.00 USD, 3,000.00 RUB, 500.00 NOK or 75.00 CAD. Once credited when does the bonus expire: In 1 week (3 days after you activate the bonus). Promo offer valid: Until further notice. Min deposit needed in order to cashout winnings: Yes - 20 EUR. Bonus can be claimed in conjunction with sister casinos no deposit: Yes. Is the No deposit available on download &/or instant play version: Both. Is the No deposit available on mobile: Yes. Restricted countries from the bonus: Anguilla, Australia, Belgium, Bosnia and Herzegovina, Bulgaria, Czech Republic, Croatia, Estonia, France and its overseas territories: Guadeloupe, Martinique, French Guiana, Réunion, Mayotte, St. Martin, French Polynesia, Wallis and Futuna, New Caledonia, Georgia, Greece, Hungary, Indonesia, Israel, Italy, Kazakhstan, Lithuania, Macedonia, Philippines, Republic of Moldova, Serbia, Sierra Leone, Slovakia, Slovenia, Spain, Sweden, Turkey, United Kingdom, United States of America. Game contribution towards the wagering requirement: Slots – 100% (Please note: The following games do not contribute towards wagering: 1429 Uncharted Seas, 300 Shields, African Quest, All Aces Poker, Alchymedes, Art of the Heist, Baker's Treat, Beautiful Bones, Big Bang, Bikini Party, Bloodsuckers, Break Da Bank Again Respin, Castle Builder, Cazino Cosmos, Champion of the Track, Cool Buck, Craps, Dark Vortex, Dead or Alive, Devil's Delight, Double Dragons, Dragon Dance, Dr. Jekyll & Mr. Hyde, Dwarf Mine, Eye of the Kraken, Golden Legend, Happy Halloween, Holmes and the Stolen Stones, Hot Ink, Hugo 2, Immortal Romance, Forsaken Kingdom, Jackpot Jester 200000, Jade Butterfly, Jackpot 6000, Jackpot Jester 50k, Joker Pro, Jokerizer, Kings of Chicago, Lil Devil, Lucky Angler, Magic of Sahara, Medusa, Mega Joker, MULTIFRUIT 81, Ninja, Ozwin’s Jackpots, Pearls of India, Peek-a-Boo - 5 Reel, Pets Go Wild, Pimped, Pinocchio, Queen of Gold, Rage to Riches, Reel Gems, Reel Rush 2, Reel Steal, Retro Reels, Retro Reels Diamond Glitz, Robin Hood: Shifting Riches, Roo Riches, Royal Masquerade, Scarab Treasure, Scrooge, Scudamore’s Super Stakes, Sea Hunter, Serengeti Kings, Simsalabim, Single Deck Blackjack Professional Series, Spectacular Wheel of Wealth, Spina Colada, Spinfinity Man, Split Way Royal, Skulls Up, Stardust, Sugar Pop, Sugar Pop 2: Double Dipped, Super 7 Blackjack, Super Fast Hot Hot Respin, Take The Bank, Tens or Better, The Dark Joker Rizes, The Dark Knight, The Wish Master, Three Card Rummy, Three Musketeers, Tomb Raider, Tomb Raider - Secret of the Sword, Tower Quest, Tree of Fortune, Triple Edge Poker, Tut’s Twister, TXS Hold'em Professional Series, Untamed Bengal Tiger, Untamed Crowned Eagle, Untamed Giant Panda, Untamed Wolf Pack, Vegas High Roller, Vikings Go Berzerk, Vikings go to Hell, Wheel of Wealth, Wheel of Wealth Special Edition, Whospunit Plus, Wicked Circus, Wild Orient, Wild Swarm, Wolf Hunters, Zoom Roulette, The Royal Family, Robin Hood: Shifting Riches, and all jackpot slots), Table games – Baccarat, Blackjack and Hi-Lo – 5% (except for games with a live dealer); Videopoker – 5%; Roulette and Poker – 5% (except for games with a live dealer).
  

4.5 / 5 Rating

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WinSpirit 29/03/24

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New customers only. T&C apply. 18+. PLUS 100 Free Spins. Min Deposit: €20. Max Bet: €5. Max Cashout: €2000. Free Spins are credited: 20 per day for 5 days. Selected games only: See the website for a list of online slots. From day of activation bonus will be valid for 7 days.

4.5 / 5 Rating

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iWild 09/11/21

20 Spins

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New customers only. T&C apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+.  No US! 20 free spins on Fruit Machine. How to claim the bonus: Players need to register through our LINK, enter the promo code in the "promo code" field when registering and activate the code in the Bonus section. Max cashout: €40. Once credited when does the bonus expire: 10 days. The allowed max bet per spin: €5. Game contribution to the wagering requirements: Slots 100%, Video Poker 0%, Roulette and Blackjack 0%, Baccarat and Craps 0%. Min deposit needed in order to cashout winnings: No. Is the bonus cashable: Yes. Bonus can be claimed in conjunction with sister casinos no deposit: No. Is the ND available on download &/or instant play version: Instant play version. Is No deposit available on mobile: Yes. Restricted Countries from this bonus: Aruba, Curacao, Cyprus, Estonia, France, Israel, Italy, Moldova, Republic Of, Netherlands, Saint Martin, Singapore, Spain, Ukraine, United Kingdom, United States. Promo offer expires: Until further notice,

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Kakadu 10/06/21

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N1 07/03/18