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Guides · 9 November 2026

Iceland's gambling rules in 2026: what players should know

Only state-run operators are licensed in Iceland, yet many Icelanders play at EU-licensed sites. Here's how the rules actually work.

Reykjavik at night in winter with the northern lights above

Iceland's licensed gambling market is limited to state-run operators such as Íslenskar getraunir (Lengjan) and Happdrætti Háskóla Íslands. No private online casino or sportsbook holds an Icelandic licence.

What that means for players

Many Icelanders play at international sites licensed elsewhere in the EU, most commonly by the Malta Gaming Authority. These sites are not licensed in Iceland, but Icelandic players are not prosecuted for using them.

If you play at an international site, choose one with a recognised EU licence, clear terms and proper responsible-gambling tools. Every site we list meets that bar.

Taxes and payouts

Winnings from unlicensed operators can be taxable in Iceland. If you win a significant amount, speak to a tax adviser — rules change and this article is not tax advice.

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