Best 10 Online Casinos in Taiwan

Taiwan is a country which is located to the east of mainland China and was formed after the Chinese Civil War.

The only local currency is the New Taiwan dollar, and you can play casino games online in Taiwan. The population of this dense island is over 23 million people, and the capital city is Taipei.

Best 10  Online Casinos in Taiwan
Online casinos in Taiwan
Online casinos in Taiwan

Online casinos in Taiwan

Even though gambling is strictly prohibited in Taiwan, online casinos are very popular. There are three reasons that explain the popularity of online gambling in Taiwan.

First is the excellent internet penetration. Statistics show that in January 2021, Taiwan's internet penetration stood at 90%, with over 21.45 million internet users.

Besides the impressive internet penetration, unemployment is also a factor contributing to the popularity of online gambling.

Many unemployed Taiwanese view online casino games and other forms of gambling as a way of earning a living. Lastly, Taiwan has plenty of online payment methods that facilitate easy, fast, and secure banking.

Online casinos in Taiwan
History of gambling in Taiwan

History of gambling in Taiwan

The history of gambling in Taiwan can be traced back to the 17th century during the Qing Dynasty era. At the time, there were over 100 popular games, with Flower Match Game being the most popular one.

Unfortunately, these games had a negative impact on the population. Historians say that Flow Match was very popular to the point of social disruption. The game hooked many locals to a point where the socio-economic fabric started to disintegrate.

For example, in 1896, problem gambling was so vast that compulsive gamblers started engaging in criminal activity to fund their dirty habits. Worse enough, some men even sold their daughters to brothels to get money to gamble or pay their gambling debts.

To curb the growing vice, Taiwanese authorities embarked on a mission to restrict gambling in 1897, but all the efforts were in vain. Under Japanese colonial rule, Japanese gangs were behind the rising cases of illegal gambling.

In 1935, Taiwan introduced the Criminal Code of the Republic of China that banned all forms of public gambling.

The law prohibits using all currency forms in gambling, but players can use non-currency items such as matchsticks. Later on, in 1951, the Uniform Invoice Lottery was established. It introduced a national lottery. But then, casino-style games remained illegal.

Gambling nowadays in Taiwan

Currently (as of 2021), Taiwan's legislature has been debating many proposals with a mission to legalize casino-style gambling.

Besides the legislature's debates, several other proposals arose after the legislature amended the Offshore Islands Development Act. The amendments paved the way for the legalization of gambling in Taiwan's offshore islands.

For example, the Penghu Islands proposal led to a referendum to develop a local casino, but the residents rejected the proposal.

There's also the 2012 Matsu Islands proposal. Residents voted for the construction of a casino. Other proposals included the 2013 New Taipei City proposal and the Keelung Islet proposal aimed at establishing casinos.

However, there are many strong opponents of the legalization of gambling. A good example is Pan Han-Shen's publication in Taiwan Times.

In the article, the central executive committee member and candidate argue that building the casinos in the offshore islands would facilitate illegal activity, including corruption and money laundering.

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

The future of online casinos in Taiwan

While Taiwan is keen on enforcing its strict gambling laws, there's no doubt that curbing online casino gambling and online gambling, in general, is a futile effort. The reality of the matter is that hundreds of thousands of Taiwanese players still have access to international casinos.

So, what's the future? Yes, online gambling has been detrimental in Taiwan, but the government will have to change its stand on online casinos at the end of the day.

This is primarily because the government is losing a lot of money to offshore companies. Therefore, there will be efforts to legalize and regulate online casinos in the country in the next few years.

The future of online casinos in Taiwan
Best online casino games in Taiwan

Best online casino games in Taiwan

Online casinos that accept Taiwanese players have plenty of casino games in the offing.

Typical online casino games fans can play a wide range of Random Number Generator (RNG) games, cutting across genres such as card and table games. What's more? There are other games such as bingo keno, jackpots, and so on.

The most popular game at Taiwanese online casinos is online slots. The best games to try at such casinos are Mega Moolah, Lucky Leprechaun, Wheel of Fortune, and Book of Dead. Besides online slots, there are many pokers, craps, baccarat, roulette, and blackjack casino games.

Best online casino games in Taiwan
Online casino payment methods in Taiwan

Online casino payment methods in Taiwan

Taiwan is among the fastest-growing economies. One of the best things about Taiwan is its fast and efficient online payment systems.

Casinos that accept Taiwanese players allow players to deposit and withdraw their funds via a wide range of payment methods ranging from credit cards and online vouchers to eWallets.

In Taiwan, payment cards are the most preferred, accounting for over 53.3% of all eCommerce purchases in 2020. Players in Taiwan can deposit and withdraw winnings using online payment solutions, including Visa, MasterCard, Skrill, Line Pay, and Apple Pay.

When it comes to currencies, there are two options. Players can opt to gamble using fiat money currencies.

Here, the best option is the New Taiwan dollar. Besides the local currency, casinos that accept Taiwanese players also support the US dollar, euro, Chinese yuan, British pound, etc.

In addition to the fiat money currencies, there are dozens of online casinos that accept cryptocurrencies such as Bitcoin, Ethereum, Tether, Bitcoin Cash, and Litecoin, to mention a few.

Regarding the charges and turnaround, it all depends on the casino and the payment method. Most deposit transactions take minutes, while withdrawals are dictated by the casinos' pending period.

Online casino payment methods in Taiwan