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The Best 10 Online Casinos in Iceland

Navigating the online casino landscape in Iceland can be challenging due to the country's strict gambling regulations. While domestic online casinos are prohibited, Icelandic players often turn to international platforms to enjoy casino games.

At OnlineCasinoRank, we provide comprehensive reviews of these international online casinos, focusing on their safety, game variety, and user experience. Continue reading to discover our top recommendations and make informed choices.

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Top-Rated Online Casinos in Iceland

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Best Icelandic Casinos by Category

In Iceland, online gambling is restricted, but residents can access international online casinos. These platforms offer various categories, including real money games, high payouts, options for high rollers, secure environments, and low minimum deposits. We provide an overview of these categories to assist you in making informed choices.

Best Icelandic Real Money Online Casinos

Icelandic players can access international online casinos offering real money games. These platforms provide a variety of slots, table games, and live dealer options. It's important to choose casinos that are licensed and regulated to ensure fair play and secure transactions.

Icelandic Online Casinos with the Best Payouts

Some international online casinos accessible to Icelandic players are known for high payout rates. These platforms often feature games with high Return to Player (RTP) percentages. Reviewing the RTP of games and the casino's payout policies can help you identify the best options.

Icelandic Online Casinos for High Rollers

High rollers in Iceland can find international online casinos offering high betting limits and VIP programs. These platforms provide exclusive bonuses, personalized customer support, and tailored promotions. It's advisable to review the terms and conditions to ensure they meet your gaming preferences.

The Safest Icelandic Online Casinos

Safety is paramount when choosing an online casino. Icelandic players should opt for international platforms that are licensed by reputable authorities. Features such as SSL encryption, responsible gaming tools, and transparent policies contribute to a secure gaming environment.

Best Icelandic Online Casinos with Low Minimum Deposits

For players preferring to start with smaller amounts, some international online casinos offer low minimum deposit requirements. These platforms allow you to enjoy various games without significant financial commitment. Checking the deposit options and associated fees can help you choose the most suitable casino.

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We have identified three online casinos that accept Icelandic players: ReSpin, 1xBet, and 888Starz. Each offers specific features, game selections, and bonuses tailored to your preferences.

ReSpin

ReSpin Casino, established in 2023, offers Icelandic players a €300 (~45,000 ISK) welcome bonus, released in batches. The platform features approximately 3,000 games, including slots, crash games, jackpots, table games, and live dealers. The loyalty program rewards players with daily cashback and rakeback, increasing as you progress through its 106 levels.

FeatureDetails
Welcome Bonus€300 (~45,000 ISK) released in batches
Wagering35x bonus amount (standard ReSpin & Curaçao-licensed casino terms)
Minimum Deposit€10 (~1,500 ISK)
Game Variety~3,000 games: slots, crash games, jackpots, table games, live dealers
Accepted Payment MethodsVisa, Mastercard, Skrill, cryptocurrencies (BTC, ETH, LTC, USDT, etc.)
Customer Support24/7 live chat + email
Mobile CompatibilityFully mobile-optimized site for iOS & Android

1xBet

1xBet is an international online casino and sportsbook that accepts Icelandic players. The platform offers a welcome bonus for new users, though specific details may vary. 1xBet provides a diverse game library, including slots, table games, live dealer options, and sports betting. The platform supports multiple payment methods, including credit cards, e-wallets, and cryptocurrencies. Customer support is available 24/7 through live chat and email. The website is mobile-friendly, ensuring compatibility with various devices.

FeatureDetails
Welcome BonusTypically 100% up to €100 (varies by offer and region)
Wagering5x wagering on accumulator bets (sports); 30x–35x standard for casino
Minimum Deposit€1 (or equivalent in ISK)
Game VarietySlots, table games, live dealer options, sports betting
Accepted Payment MethodsCredit cards, e-wallets (Skrill/Neteller), cryptocurrencies
Customer Support24/7 live chat and email
Mobile CompatibilityMobile-friendly website + Android/iOS apps

888Starz

888Starz Casino offers Icelandic players a welcome package up to €1,500 (~225,000 ISK) plus 150 free spins across the first four deposits. The platform features over 7,000 games, including slots, table games, live dealer options, and crash games. The VIP program consists of eight levels, rewarding players with increasing cashback and exclusive offers as they progress.

FeatureDetails
Welcome BonusUp to €1,500 (~225,000 ISK) + 150 free spins across first four deposits
Wagering35x
Minimum Deposit€10 (~1,500 ISK)
Game VarietyOver 7,000 games: slots, table games, live dealer options, crash games
Accepted Payment MethodsCredit cards, e-wallets, cryptocurrencies
Customer Support24/7 live chat and email
Mobile CompatibilityFully optimized for iOS & Android
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How We Rate and Rank Icelandic Casinos

At OnlineCasinoRank, we evaluate Icelandic online casinos through a comprehensive process to ensure players access trustworthy and high-quality platforms.

Safety

We verify that each casino holds valid licenses from reputable authorities and employs SSL encryption to protect user data.

Registration Process

We assess the registration process for clarity and efficiency, ensuring it includes necessary verification steps to prevent fraud.

User-friendly Platform

We evaluate the website's design and navigation to confirm a seamless user experience across devices.

Deposit and Withdrawal Methods

We examine the variety of payment options, focusing on processing times, fees, and the inclusion of methods preferred by Icelandic players.

Bonuses

We analyze the fairness and transparency of bonus offers, including welcome bonuses and loyalty programs, ensuring they provide genuine value.

Portfolio of Games

We prioritize the availability of table games, assessing the diversity and quality of offerings to cater to various player preferences.

Player Support

We test customer support responsiveness and availability, emphasizing 24/7 service through multiple channels.

Reputation Amongst Players

We consider player reviews and feedback to gauge the casino's reputation and reliability within the gaming community.

By meticulously evaluating these factors, we aim to guide Icelandic players toward safe and enjoyable online casino experiences.

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Bonuses for Icelandic Casino Players

Online casinos accepting Icelandic players offer several bonuses to attract and retain customers. Popular online casino bonus types include welcome bonuses, free spins, deposit bonuses, no deposit bonuses, and cashback bonuses.

Wagering requirements are conditions that players must meet before withdrawing bonus-related winnings. In Iceland, these requirements typically range from 30x to 45x the bonus amount. For example, a 100% deposit bonus of €100 with a 35x wagering requirement means you must wager €3,500 (€100 x 35) before withdrawing winnings. To evaluate these requirements, consider the multiplier, eligible games, and time limits specified in the bonus terms.

  • Welcome Bonus: Awarded to new players upon their first deposit, often matching 100% of the deposit up to €500, sometimes including free spins.
  • Free Spins: Allows players to spin slot reels without using their own funds. Often included in welcome packages, such as 100 free spins on specific games.
  • Deposit Bonus: Offered when players add funds to their accounts, matching a percentage of the deposit, like a 50% bonus up to €100.
  • No Deposit Bonus: Provides bonus funds or free spins without requiring a deposit, allowing players to try games risk-free. These bonuses often have higher wagering requirements and withdrawal limits.
  • Cashback Bonus: Returns a percentage of a player's losses over a specific period, such as 10% weekly cashback, helping to mitigate losses.
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Best Online Casino Games in Iceland

Icelandic online casinos offer a variety of table games, including slots, roulette, blackjack, video poker, and dice games. Players should review each casino's terms and conditions, as wagering requirements and game eligibility can vary. Minimum bets typically start at ISK 100, with maximum bets reaching up to ISK 100,000, depending on the game and casino.

  • Slots: These are digital versions of traditional slot machines, featuring reels and paylines. Average Return to Player (RTP) rates range from 92% to 97%, with medium to high volatility. Minimum bets often start at ISK 100, while maximum bets can go up to ISK 50,000. Slots are mobile-compatible and come in themes like Norse mythology, adventure, and fantasy. Many games support Icelandic language options.
  • Roulette: A classic casino game where players bet on where a ball will land on a spinning wheel. European roulette offers an RTP of approximately 97.3%, while American roulette is around 94.7%. Volatility is low, with minimum bets starting at ISK 500 and maximum bets up to ISK 100,000. Roulette games are mobile-friendly and often support Icelandic language interfaces.
  • Blackjack: A card game where players aim to have a hand value closer to 21 than the dealer without exceeding it. The RTP is typically around 99.5%, with low volatility. Minimum bets are usually ISK 1,000, with maximum bets up to ISK 50,000. Blackjack is available on mobile platforms and often includes Icelandic language support.
  • Video Poker: A digital version of five-card draw poker where players aim for the best possible hand. RTP varies by variant but can be as high as 99.5%. Volatility is medium, with minimum bets starting at ISK 100 and maximum bets up to ISK 25,000. Video poker games are mobile-compatible and may offer Icelandic language options.
  • Dice Games: Games like craps where players bet on the outcome of dice rolls. RTP and volatility depend on the specific game and bets placed. Minimum bets often start at ISK 500, with maximum bets up to ISK 100,000. Many dice games are mobile-friendly and support Icelandic language interfaces.

Most Popular Online Casino Software Providers in Iceland

Several leading software providers supply games to Icelandic online casinos:

  • Evolution Gaming: Specializes in live dealer games, offering titles like Lightning Roulette and Speed Blackjack. Their games are known for high-quality streaming and interactive features.
  • Playtech: Offers a diverse portfolio, including slots, table games, and live dealer options. They are recognized for innovative features and engaging gameplay.
  • NetEnt: Known for high-quality slots with engaging themes and innovative mechanics. Popular titles include Starburst and Gonzo's Quest.
  • Microgaming: One of the pioneers in online gaming, offering a vast selection of slots and progressive jackpots. Notable games include Mega Moolah and Thunderstruck II.
  • Pragmatic Play: Provides a wide range of slots and live casino games, known for high-quality graphics and innovative features. Popular games include Sweet Bonanza and Wolf Gold.
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Casino Payment Methods Supporting ISK

Online casinos in Iceland offer several casino payment methods that support the Icelandic króna (ISK), including local mobile payment apps, cryptocurrencies, and international e-wallets. To deposit or withdraw funds, players typically select their preferred method in the casino's banking section, enter the desired amount, and confirm the transaction. Processing times and fees vary depending on the chosen method.

  • Rapp: A mobile payment app popular in Iceland, allowing users to make quick transactions directly from their bank accounts. Minimum deposit and withdrawal limits depend on the casino's policies. Transactions are usually processed instantly, with minimal or no fees.
  • Aur App: Another widely used Icelandic mobile payment solution, enabling seamless transfers between users and merchants. Deposit and withdrawal limits are set by individual casinos. Processing times are typically immediate, and fees are generally low or nonexistent.
  • Bitcoin: A decentralized cryptocurrency accepted by many online casinos. Minimum deposit amounts vary, often around 0.001 BTC, with maximum limits depending on the casino. Withdrawals are subject to similar limits. Transactions are processed within minutes to an hour, depending on network congestion. Transaction fees are determined by the Bitcoin network and can fluctuate.
  • Payeer: An international e-wallet supporting multiple currencies, including ISK. Minimum deposit amounts are typically around €10 or equivalent, with maximum limits varying by casino. Withdrawals follow similar limits. Deposits are usually instant, while withdrawals can take from a few hours to 1-3 business days. Payeer may charge fees for currency conversion or certain transactions.
  • WebMoney: A global e-wallet service that supports various currencies. Minimum and maximum deposit and withdrawal limits are set by individual casinos. Deposits are generally processed instantly, while withdrawals may take 1-3 business days. Transaction fees depend on the specific operation and currency involved.

When choosing a payment method, consider factors such as processing times, fees, and the convenience of using ISK to ensure a smooth gaming experience.

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Gambling Laws in Iceland

Gambling in Iceland is heavily regulated, with most forms prohibited under Articles 183 and 184 of the Icelandic Criminal Code. Exceptions include state-sanctioned lotteries, sports betting, and electronic gaming machines operated by charitable organizations.

Online gambling is not explicitly addressed in Icelandic law, resulting in a legal gray area. While domestic online casinos are not licensed, Icelandic authorities do not penalize individuals for accessing foreign online gambling sites.

Iceland does not issue licenses for online casino operations. Therefore, no domestic regulatory framework exists for online gambling.

Given the absence of local licensing, Icelandic players often turn to international online casinos licensed by reputable authorities such as the Malta Gaming Authority or the UK Gambling Commission. These platforms offer a range of gaming options and are accessible to Icelandic residents.

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Are There Any Taxes on Gambling Winnings in Iceland?

Gambling winnings in Iceland are generally not subject to taxation. This is because gambling is not recognized as a taxable profession under Icelandic law.

Legal gambling activities in Iceland, such as lotteries and charitable gaming, are structured so that all proceeds go to social causes, leaving no taxable income for participants.

For example, if you win a prize from a state-sanctioned lottery, the winnings are not taxed because the lottery's profits are allocated to charitable purposes.

Similarly, winnings from offshore online casinos are not taxed locally, as these activities are not regulated within Iceland.

However, it's important to note that while gambling winnings are not taxed, any interest earned from these winnings may be considered taxable income.

Therefore, while the initial prize amount is tax-free, any subsequent income generated from it could be subject to taxation.

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Solutions to Common Problems in Icelandic Online Casinos

Icelandic players accessing international online casinos may encounter specific challenges. Below is a table outlining these common issues and their solutions:

Problem DescriptionSolution
Legal Uncertainty
Icelandic law prohibits domestic online casinos, leading to confusion about the legality of playing on foreign sites.
While operating an online casino within Iceland is illegal, there are no explicit laws against individuals playing on international platforms. Ensure the chosen casino is licensed by reputable authorities like the Malta Gaming Authority or the UK Gambling Commission.
Payment Processing Issues
Some Icelandic banks may block transactions to and from online casinos.
Consider using alternative payment methods such as e-wallets (e.g., Skrill, Neteller) or prepaid cards, which are often accepted by international casinos and can facilitate smoother transactions.
Currency and Language Barriers
Many international casinos do not support the Icelandic króna (ISK) or the Icelandic language.
Opt for casinos that offer services in Icelandic and accept ISK to avoid currency conversion fees and language misunderstandings. Some platforms cater specifically to Icelandic players.
Lack of Local Support
Time zone differences and language barriers can make accessing customer support challenging.
Choose casinos that provide 24/7 customer support with multilingual staff, including Icelandic, to ensure assistance is available when needed.
Responsible Gambling Resources
International casinos may not offer responsible gambling tools tailored to Icelandic players.
Select platforms that provide comprehensive responsible gambling features, such as self-exclusion options, deposit limits, and links to support organizations. Ensure these resources are accessible and relevant to Icelandic users.
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Player Protection and Responsible Gambling in Iceland

International online casinos accessible to Icelandic players implement several measures to ensure player safety and data protection. These include SSL encryption to secure personal and financial information, compliance with international regulatory standards, and adherence to fair and responsible gaming practices.

Responsible gambling practices promoted by these casinos often encompass:

  • Self-exclusion programs allowing players to voluntarily restrict their access to gambling services.
  • Deposit limits to control the amount of money a player can deposit within a specified period.
  • Reality checks providing periodic reminders of the time spent gambling.
  • Access to support resources for problem gambling, such as links to counseling services.

It's important to note that while Icelandic law does not explicitly prohibit individuals from participating in online gambling on foreign sites, engaging in such activities may have legal implications. Players should carefully consider the potential risks and benefits before proceeding.

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Conclusion

In Iceland, while domestic online gambling is restricted, residents can access international online casinos that offer a variety of games, secure payment methods, and customer support. We have identified top platforms such as ReSpin, 1xBet, and 888Starz, each providing unique features and bonuses. To explore these and other reputable online casinos tailored for Icelandic players, visit our comprehensive listings on OnlineCasinoRank. We also offer recommendations for players from other countries, ensuring a safe and enjoyable gaming experience for all.

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FAQ

Is online gambling legal in Iceland?

Online gambling is not explicitly legal in Iceland, but residents can access international online casinos without facing penalties.

Are there any licensed online casinos based in Iceland?

No, Iceland does not issue licenses for online casinos, so there are no domestically licensed online gambling platforms.

Can Icelandic players legally use offshore online casinos?

Yes, Icelandic players can legally access and play at offshore online casinos without facing legal consequences.

What types of gambling are permitted in Iceland?

Permitted gambling activities in Iceland include state-controlled lotteries, sports betting, and electronic gaming machines operated for charitable purposes.

Are winnings from online casinos taxable in Iceland?

Winnings from online casinos are not subject to taxation in Iceland, as gambling winnings are not considered taxable income.

What is the legal gambling age in Iceland?

The legal gambling age in Iceland is 18 years old.

How can Icelandic players ensure the safety of online casinos?

Icelandic players should choose online casinos licensed by reputable authorities and ensure the platforms use SSL encryption and fair play certifications.

What payment methods are available for Icelandic players at online casinos?

Icelandic players can use credit cards, e-wallets, and cryptocurrencies for transactions at online casinos.

Are there any land-based casinos in Iceland?

No, land-based casinos are prohibited in Iceland, with only state-controlled lotteries and charitable gaming permitted.

What should Icelandic players consider when choosing an online casino?

Icelandic players should consider the casino's licensing, game variety, payment options, security measures, and customer support quality.