Casinos That Accept The Icelandic Króna (ISK) Currency
Iceland holds the second place of countries with the smallest population which also has it's own currency, just after the Seychelles. The Nordic country is located in the North Atlantic, and it's famous for its amazing geological sites and contrasts. From active volcanoes to glaciers, it is also known as the "Land of Fire and Ice". One of the most popular and breathtaking tourist destinations is located in the national park Þingvellir, where the Eurasian and North American tectonic plates meet in the rift valley.
Although I would like to speak more about the beauty of Iceland, this article is about gambling with Icelandic Króna, and about online casinos where you can select ISK as an account currency.
Top Icelandic Króna Online Casinos in 2023
This table provides you with the best online casinos that accept Icelandic Króna as an account currency, and you can make deposits and withdrawals without having to pay conversion fees. We also provide a detailed review for each casino, including payment terms, bonuses, bonus terms, games and more.
Unfortunately, there are no casinos available at this time that accept players from your country.
Table of contents:
About the Icelandic Króna
The Icelandic Króna ↱ (iso code ISK) was first introduced in 1918, after the Scandinavian Monetary union dissolved. Until then it used the Danish Krone, which was introduced in 1874.
Due to high inflation, the krona underwent a revaluation in 1981, and 100 krona (ISJ) became 1 krona (ISK). At that time, smaller coins with a value of less than 1 krona were introduced, but they were later withdrawn from circulation due to their small value. Due to the small volume of currency, it's prone to fluctuations which poses some difficulties.
Legal status of online gambling in Iceland
Gambling in Iceland is very restricted. Land-based gambling is only permitted with the state lottery and sports betting operators, and profitability of these establishments is limited. Casinos are illegal, but there are some slot machines available. This means that Icelanders find very few gambling options available, and residents of Iceland are mostly turning to online gambling websites, although these are illegal too.
The Icelandic government is planning to eventually regulate the online casino and gambling market, but there is no indication as to when they will change laws, and how they'd be changed. In the meantime, many online casinos accept players from Iceland, of course only 18+, and residents who play at foreign casinos fear no punishment.
Popular payment methods for players from Iceland
Iceland Online casinos offer many different payment options, but it depends on your country of residence which payment methods are available, and on the casino's payment processors. Player from Iceland will be presented with available methods after they've logged in to the account.
Most casinos accept credit cards, such as Visa or Mastercard, as well as e-wallets. Skrill, EcoPayz and Jeton are interesting options for Icelandic casino players, as they allow you to also have Icelandic Króna as an account currency. Other e-wallets may not support ISK.
You may also be able to use banking methods such as Trustly or Paysafecard vouchers. If you have a specific payment method in mind you can visit our casino payment overview for more options and casinos.
Safety of online gambling for players with krona
Casino players from Iceland can enjoy a safe and fair gaming environment when they play at licensed online casinos, preferably licensed from a EU country like the United Kingdom, Sweden or Malta, as they put a strong emphasis on player protection, fair gaming, responsible gaming and fund protection.
Choosing an online casino should still not be done without taking any precautions, the reputation of the casino goes a long way, and there are also many casinos with a Curacao license that have proven to be trustworthy.
In any case, we recommend to only play at tested and licensed casinos, where you can see the RTP of the games, and where the casino's payment policies are transparent. Casinos recommended on this page have a generally favourable reputation with players, so you can be sure to play in a safe environment and get a fair chance to win real money at casino games.
Icelandic Króna FAQ
Once you've selected Icelandic Króna for your player account you won't be able to change it at a later date. If you make a deposit with another currency, it will be converted for a fee, usually set by your bank or payment processor.
If you wish to play with another currency you'll need to contact the online casino support for steps involved to close your current account and open a new one. Don't just go ahead and open a new account - this is not allowed as per the casino's T&Cs, and you risk forfeiting your winnings.
Depending on casino policy the online casino may offer you a welcome bonus if you're from Iceland. Visit the casino to find out if you're eligible for a bonus. Also, keep in mind to read the bonus terms and conditions carefully when you accept bonus money, as they restrict how you can play the bonus and will give you information of how you can cash out winnings from bonus money.
If the bonus amount is shown in a different currency and not Króna, it will be converted into Króna when you make the deposit. You can also send a message to the casino and inquire about the bonus in Króna if you're unsure of how much bonus money you can get at the online casino.
If you chosen online casino allows you to select ISK as the account base currency, then you can make deposits and withdrawals without paying conversion fees. You can find some of the best ISK online casinos here at CasinoDaemon.