Iceland does not have a gaming regulator whose activities extend into online gambling. That is why picking a safe and licensed online casino is essential for a safe and entertaining gambling experience. In this article, we go over various organisations that help audit and verify online casinos.
The following regulators issue active licenses to online casinos that accept players from Iceland. These authorities are well-known in the iGaming space as respectable and for protecting responsible gambling. That is why we are highlighting them here: their presence serves as proof that said websites are safe and fair.
The MGA regulates most forms of gambling in its territory, including land-based and online gambling services. Its land-based regulation applies to casino, amusement, and slot machines, lotteries, betting offices and fantasy sports. Meanwhile, its online regulation applies to B2C and B2B services. Online casinos fall under the B2C (business to consumer) category.
Curaçao provides Gaming License Packages for businesses that operate online gambling sites. The license package is available globally and contains everything an operator needs to run their online gambling site with Curaçao oversight. Its solution is ideal for startup operators, though many experienced companies also use their services.
The Gambling Supervision Commission was established in 1962 and is a self-reliant statutory board. It licenses and regulates both land-based gambling operations and online gambling activities.
Testing agencies and auditors are crucial in ensuring online casinos offer fair games. These test labs are trusted worldwide as third-party companies that assess releases to ensure they are genuinely random. They also test protocols used by online casinos for deposits, sign-ups, and cashouts. A safe online casino frequently features results from these auditors as proof what they offer is fair. We outline some of the best-known testing companies and what they offer below.
The eCommerce Online Gaming Regulation and Assurance (eCOGRA) was established in 2003. It is one of the world’s largest and most credible testing agencies. eCOGRA gives out detailed reports to operators, letting them know how they performed and what they can improve.
BMM Testlabs launched in 1981 and provides testing, regulatory consultancy, and field services globally. BMM also works closely with operators to uphold the high standards of the iGaming industry.
Quality Assurance Laboratories (QA Labs) is an international organisation that tests land-based and online gambling companies. QA Labs checks gambling operations, tests game mathematics to confirm they are fair, and dissects payout calculations.
Quinell is an industry-leading testing lab with offices in Malta, South Africa, Italy, and the UK. Furthermore, that quality made them one of the best auditing companies in the business. Quinell M Limited provides testing for online gambling technical compliance and land-based gambling machines.
Gaming Laboratories International (GLI) provides its services to land-based and online casinos worldwide. GLI has offices in Wales and Australia and provides testing services for platforms, RNG, games, and security audits.
An independent game testing facility located in the US, Eclipse focuses its services on North American land-based and online casinos. That makes them a rare sight in online casinos that accept Icelanders. The company offers impartial testing, certification, and consultations.
Trisigma stands out as it is both a testing company and a software provider! The testing lab portion of their business is certified and accredited internationally. Trisigma works with operators globally to ensure fair gambling results.
SQS Group Limited was established in 1996 and is headquartered in London. The company focuses on testing, processing, and ensuring casinos they test offer high-quality gambling.
As an accredited business that tests gaming devices of all kinds, SIQ has a top-notch reputation in the industry. Thanks to this company, you benefit from safe and compliant slot machines, table games, and lotteries.
iTech Labs is a prominent testing lab that has a stellar reputation with gambling sites worldwide. It was formed in 2004 and quickly rose to become an industry leader owing to its commitment to quality, accountability, and fair outcomes.
Gaming Associates is one of the oldest iGaming auditors, having been around since the 1990s. Over the years, the company earned an image of trustworthiness, focusing on quality among online casinos, lotteries, and more.
The goal of playing in a licensed gaming venue is not just for their seal of approval. It also allows you to contact a dispute centre if a casino offers unfair games or unsafe gambling practices. These reports can help you fight an operator’s decision if it refuses to pay or closes your account without warning.
IBAS is an impartial dispute centre that handles conflicts between players and customers. They do so by using an adjudication panel that examines every aspect of a dispute before deciding who was in the right.
The safest online casinos are websites that are upfront about all security, safety, and licensing information. A fully licensed gambling site is the best way to ensure you will have a pleasant experience playing casino games. Iceland has many licensed online casinos that players can enjoy.
There is nothing that demands online casinos have a license. Iceland does not have an online gambling regulatory body, meaning its players can play anywhere. However, licensed casinos are always safer and of higher quality, which is why all websites we recommend have an active license.
A regulator grants an online casino license to qualifying businesses that meet set requirements. Once a casino meets these requirements, they receive an active license confirming they comply with the regulator. A license is not permanent: it has to be renewed every couple of years to ensure websites follow the rules.
Icelandic citizens must be at least 18 years old to play in gambling sites.
The status of online gambling in Iceland is officially illegal. However, due to EEA laws, Icelanders are not prosecuted for playing in foreign online casinos.
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