Access our Network of Banks for your Iceland Casino
Although online gambling is illegal in Iceland, citizens of the country are permitted to gamble on foreign websites. And this form of entertainment is popular– 70% of the population has participated in the country’s permitted lotteries and slots games.
Although it is not illegal to accept players from Iceland on your online gaming website, it may be challenging to receive payments from them in your country of residence. Many banks are wary of offering services to gaming companies, particularly when dealing with high payment flows from overseas.
The Lotteries and Gaming Authority regulates the market. Only a small number of forms of gambling are permitted in the country, and most of these are run by Íslandsspil, who have the monopoly.
If you wish to make and receive deposits from gamers inIceland, you will need an account that accepts international payments from thecountry. iGaming Core can advise you on the right solution for you to accepttransactions from gamers in Iceland. We help by:
· Learning about your operations, businessstructure, license and target market
· Advising you on the right payment accounts toaccept payments from Iceland
· Finding a partner to process payments fromgamers in Iceland
· Introducing you to Iceland compliance experts
To play on foreign iGaming websites, most Icelandic gamerswill use e-wallets such as PayPal, Neteller and Skrill. Some Icelandic banks mayalso permit the transfer of funds directly to an iGaming account.
Contact us today to start accepting payments from Icelandic players on your iGaming website
Of Icelandic gamblersplay weekly.
Foreign websites accept players from Iceland.
Population of Iceland
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