Top Online Casinos in Paraguay

Paraguay, or officially the Republic of Paraguay, is a Latin American sovereign country and the founding member of Mercosur, the United Nations, the Organization of American States, the Non-Aligned Movement and the Lima Group. Even though Paraguay is one of only two landlocked countries in South America, it is filled with tons of beaches and ports due to the fact that both Paraguay and Paraná go through the state and exit on the Atlantic Ocean.

Since Paraguay is a landlocked country, it borders Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. This is a developing country that has a pretty decent economic state. An interesting fact about Paraguay is that it is often referred to as the happiest place in the world. This is based on global polling data.

A majority of its seven million population are mestizo. As for the economic state, Paraguay had one of the highest economic growths in South America. Currently, Paraguay is the fifth-largest soybean producer in the world and the mineral industry is responsible for around 25% of its GDP. Pharmacy, food, and beverage are also some of the best-developed industries here.

Top Online Casinos in Paraguay
Online casinos in Paraguay

Online casinos in Paraguay

The gambling industry in Paraguay is flourishing. Almost all types of gambling activities such as bingo, casino, lotteries, and horse racing are legal and people can wager whenever they want. Additionally, Paraguay is one of the few countries in the world that allows betting on cockfighting, which is considered a blood sport.

Online gambling in Paraguay is not regulated; hence it falls under the law’s gray area. Paraguayan players are free to access any online casino that they choose. However, this might change in the future as the government has implied strict measures for online casinos that are based in the country. Recently, an illegal online gambling ring was shut down and the government is considering creating amendments for online gambling.

Now, this does not mean that online gambling will become illegal. The changes in the law are designed so that this industry can be regulated better. In doing so, both the government and the players will be able to reap all the benefits that come by making it legal.

Players will be able to access licensed sites, thus they will have online security and will register at trustworthy sites, while the government will collect millions of dollars in taxes from online casino operators. This activity is loved by many Paraguayans, so the profit that the budget will have is unquestioned.

Online casinos in Paraguay
History of gambling in Paraguay

History of gambling in Paraguay

Paraguay has a long, rich, and very productive history with gambling. These activities have been considered legal for many years. The first land-based casino in Paraguay was opened in 1943 in times when this activity was considered illegal in many parts of the world.

Paraguay saw the potential that this industry has and how beneficial it can be for the economy which is why it was made legal when this casino opened its doors and started offering various gambling services to the residents.

Gambling was made legal

Since then, the industry kept growing and as time passed by, pretty much all forms of gambling were made legal. In 1977, Law No.1016 that was supposed to regulate gambling was presented and passed. Additionally, the National Committee of Games of Chance was put in charge to oversee and license all land-based casinos.

Casino, lotteries, bingo halls, sports betting, and horse racing were just a few of the gambling activities that were made legal and were regulated. Not only that, but the government even decided to legalize betting on cockfights, which made Paraguay one of the few countries in the world to legalize betting on a blood sport.

Even though land-based gambling is well-regulated, online casinos have never been mentioned, thus these sites have never been regulated. The only restriction that they had is that they are not allowed to be based in Paraguay.

History of gambling in Paraguay
Gambling nowadays in Paraguay

Gambling nowadays in Paraguay

Since online casinos are not regulated, players from Paraguay are more than welcome to register and play their favorite games at online casinos. Not only that, but they are also fond of going to land-based casinos and enjoying the gambling games at these facilities as well.

The land-based industry is well-developed and numerous people regularly take part in these activities. It is worth noting that the regulation of online casinos is likely to change in the near future. Recently, an illegal chain of online operators led by 80 Taiwanese nationals was brought down and after those events, the government became open to amending the law and regulating this industry.

Now, this does not mean that online gambling will become illegal, the case is quite the opposite. The new amendments are supposed to finally make it legal, and the government will be able to crack down on these illegal chains and reap all the benefits that come with legal online casinos.

Gambling nowadays in Paraguay
Future of online casino in Paraguay

Future of online casino in Paraguay

The future of online casinos in Paraguay is looking extremely bright. Paraguay’s Department of Charity and Social Welfare is intending to change the way the online casino industry is being regulated and finally make it legal. That way, the players will finally be able to access these sites hassle-free.

Not only that, but the government will also be able to shut down all illegal operators, collect tax money, and employ many people in the industry. The official legalization would also mean that the government will block all unlicensed online casinos that are trying to offer their services to Paraguayan players, thus protecting them from potential online scams.

Future of online casino in Paraguay
Paraguayan players favorite games

Paraguayan players favorite games

Due to the popularity of land-based and online gambling in Paraguay, many games are considered as favorites here. But, the number 1 spot goes to poker, one of the most challenging and most competitive casino games ever made.

Poker

Texas Hold’em, Stud Poker and Caribbean Stud Poker are the most popular types in the country and the reason why they are so loved is that, unlike numerous other casino games that rely on luck, poker is mostly based on skill. Players need to possess certain qualities such as reading opponents, learning how to bluff, making the best use of your hand, and most importantly – knowing when to continue or fold.

Bingo

Bingo is one of the oldest games that was legalized in Paraguay. Not only that, but there are plenty of bingo halls spread across the country. Not only can players access them online, but the physical facilities are also easy to find. Bingo Candilejas is the most popular bingo game in Paraguay.

Sports Betting

Sports betting is also loved as Paraguayans love sports, especially football. The most popular brick-and-mortar sports book in Paraguay is SA Sportsbook, but since online betting is also not regulated, players can register and wager at these sites without facing any penalties.

Lottery

The lottery is the last game that deserves a mention. Elderly people are the ones that are the fondest of this game.

Game Providers

Reputable game providers that supply online casinos always mean that players will have a good gaming experience. Hence, Paraguayans are always searching for providers such as Yggdrasil, NetEnt and Microgaming when they are checking a potential site where they can register and play.

Bitcoin Games

Bitcoin games have been gaining some popularity in Paraguay, but nothing too specific. As this cryptocurrency continues to rise in value and reach heights like never before, some players are open to using it because when making a deposit with Bitcoin at some online casinos, they gain access to special Bitcoin games. All of them are fun to play and will provide Paraguayans with a unique gaming experience.

Since Bitcoin games are unique, some Paraguayans decide to use Bitcoin to access them.

Paraguayan players favorite games
Most preferred casino bonuses in Paraguay

Most preferred casino bonuses in Paraguay

Welcome bonuses are the first most preferred bonus for Paraguayan players. After players register at licensed online casinos, they are handed a welcome package that most commonly gives them match deposit bonuses and Free Spins. The Free Spins can be used at certain slots at the site and with them, players can access the game and win real money rewards without having to bet. After they win, they do need to meet the wagering requirements before they withdraw their prize.

The second most preferred casino bonus is cashback. Cashback is often provided at live dealer games at online casinos. Poker, especially Caribbean Stud, is typically featured as a live dealer game, which is why players are fond of accessing them. With cashback bonuses, some lost amount over a certain period is handed back to the players.

Free Bets and bonuses that apply to horse racing are the last most popular and most preferred bonuses in Paraguay. Free Bets work similarly to Free Spins. But, in this case, this bonus allows the players to bet on sports matches without the need to make a deposit.

How to claim these bonuses

First, in order to claim these bonuses, the players need to be registered at a certain online casino. The welcome bonus can be claimed after players register and make their first deposit. It is also worth mentioning that welcome bonuses can only be claimed once per account. In some cases, the complete welcome bonus will be split in up to 4 deposits, so to claim it, players will need to make up to 4 deposits on consecutive days.

Cashbacks and Free bets come as weekly or daily reload bonuses. The good thing about cashbacks is that they can also be offered on sports betting. As for live dealer games, players will need to play live dealer games over a certain period to have some lost amount returned.

Some online casinos may require the players to enter bonus codes and/or contact Support. To be sure, players are advised to check the Promotions tab at every online casino to get to know the details better. Checking the terms and conditions to see which payment methods are eligible for the bonuses is also a smart idea.

Most preferred casino bonuses in Paraguay
Payment methods in Paraguay

Payment methods in Paraguay

Credit and debit cards are the most popular payment methods for Paraguayan players. These cards are available at pretty much every online casino. Not only that, but the transactions with credit/debit cards are pretty fast, secure, and come with no fees. Deposits are instant, while withdrawals have a short processing time; it is usually 3-5 business days.

Prepaid cards and several e-wallets such as Click2Pay and Entropay are also popular. They, too, offer fast and secure transactions for the players. But, since e-wallets are known to come with fees, especially for withdrawals, they are less popular than credit and debit cards. The reason why withdrawals come with fees is that they are often much faster than withdrawals of cards – in most cases they are instant. But, the fees are what makes people more comfortable having to wait a few days.

Less popular payment methods in Paraguay

Bitcoin is also used by players that access online casinos. It is not as nearly as popular as the aforementioned ones, but it has been gaining some traction. Bitcoin has all the advantages that credit/debit cards and e-wallets have. Transactions are very secure, they are instant and come with no fees. Not only that, but players that decide to choose Bitcoin as a payment method are provided with a certain level of online anonymity.

Payment methods in Paraguay

FAQ

Everything you need to know about casinos

Who regulates gambling in Paraguay?

Land-based gambling in Paraguay is regulated by Conajzar, or also known as the National Committee of Games of Chance, which is under the wing of the Ministry of Finance. This authority is in charge of licensing and overseeing all land-based gambling activities.

Since online gambling is not regulated in Paraguay, there is no domestic authority that regulates them. Players rely on international regulatory bodies such as the Malta Gaming Authority and the UK Gambling Commission.

Are online casinos in Paraguay legal?

As of 2021, online casinos are not regulated in Paraguay. Even though operators are not allowed to be based in the country, players are free to access foreign sites, register, and enjoy their games. There are even talks that the government is finally planning on making this industry legal in the near future.

Is it safe to access online casinos in Paraguay?

Considering the fact that online casinos are not regulated in Paraguay, the government does not block any unlicensed sites, which have the potential to be scam sites. Players take full responsibility when accessing and playing at online gambling sites. That is why they need to be careful before registering at an online casino.

The best way to check whether a site is trustworthy or not is to see whether it is licensed by internationally known regulatory bodies. Some of these authorities include the Malta Gaming Authority and the UK Gambling Commission. Licenses are usually displayed at the bottom of the home page.

What is the minimum deposit amount at online casinos in Paraguay?

The minimum deposit at online casinos in Paraguay vary and depend on the online casino that the player selects. In most cases, it is between $10 and $20. Additionally, deposits at all online casinos are instant. When it comes to fees, a big majority of casino sites do not charge any fees for players that are depositing.

Do online casinos charge withdrawal fees for Paraguayan players?

Most online casinos do not have any withdrawal fees for Paraguayan players, but some may charge on selected methods. To check whether the site includes withdrawal fees, it is smart to go to the casino’s Banking page.

What is the future of online gambling in Paraguay?

The future of online gambling in Paraguay is looking bright as the latest reports state that the government is considering making this activity legal. In doing so, it will receive tons of economic benefits and the industry will be well-regulated, hence the players will be protected.

What are the most preferred payment methods?

The most preferred payment methods in Paraguay are credit and debit cards as they are secure and offer relatively fast transactions. E-wallets such as Click2Pay and Entropay, as well as Bitcoin also deserve a mention.

What is the processing time of withdrawals in Paraguay?

The processing time of withdrawals depends on the chosen method. Credit and debit cards usually have a processing time of 3-5 days. E-wallets have instant withdrawals in most cases, but they often come with fees as well. Bitcoin withdrawals, on the other hand, provide instant withdrawals and do not charge any fees. Additionally, this cryptocurrency is extremely secure as it provides the players with a certain level of online anonymity.

What is the legal gambling age in Paraguay?

The legal gambling age in Paraguay is 18. Players that are 18+ can visit land-based casinos and register and play at online casinos.

Are welcome bonuses among the most preferred bonuses for Paraguayan players?

Welcome bonuses are the most popular and most preferred bonuses for Paraguayan players. They are claimed once the players register and make a deposit at a certain online casino. Welcome bonuses usually include match deposit bonuses and Free Spins as rewards.

Other preferred bonuses in Paraguay are cashbacks, which can be claimed by playing live poker games, and Free Bets, which can be used to wager on sports games without depositing anything.