Iceland / casino news and reviews

Yogonet

Multi-licensing approach for online gambling gaining "undeniable momentum" in Europe, says EGBA

A new analysis by the European Gaming and Betting Association (EGBA) shows that 27 out of 31 European countries employ some form of multi-licensing for online gambling, with an overwhelming majority implementing a full multi-licensing approach. In recent years, Europe has experienced a remarkable transformation in online gambling regulation. Just…

Law ・ 07 May 2024

West Island

Silicon Valley Giant Fights Crisis: Parallel with Life and Casino Gambling Unfolds

Indeed, life itself tends to be more intricate and intoxicating than any fiction we can imagine. Twists of fate can shock us more than the most imaginative plot twists, and the universe from which we draw inspiration is filled with all the flamboyant characters we could ever hope to invent. In light of this, consider the intriguing tale that…

Strategy Guide ・ 07 October 2023

World Casino News

Best Online Casinos for Iceland Residents

Gambling in some form has been popular in Iceland since the 20th century when natives to the island nation participated in foreign lotteries. This flow of capital leaving the country caused concern among authorities and was the catalyst for the government introducing its first gambling statute. The resulting Lottery Act in 1926 became a key…

Gambling Sites ・ 02 October 2023

European Gaming

Regulatory Changes in the Online Casino Industry in Europe: Impacts and Implications

The online casino industry has witnessed a significant transformation in Europe in recent years due to regulations imposed by governments across the continent. Concerns about gambling addiction, consumer protection, and money laundering have driven the changes. These regulations have impacted online casinos in several ways, including the types of…

Industry ・ 11 March 2023

insidehighered.com

U of Iceland criticized for plan to host casino

The University of Iceland's reliance on gambling income has come under fresh scrutiny after operators pitched expansion into online games and the opening of a casino, despite academics raising concerns about addiction. Gambling is generally banned in Iceland, but the university is one of a handful of public service organizations permitted to run…

Gambling Addiction ・ 09 December 2022

Times Higher Education

Iceland’s university casino idea ‘preposterous’

The University of Iceland's reliance on gambling income has come under fresh scrutiny after operators pitched expansion into online games and the opening of a casino, despite academics raising concerns about addiction. Gambling is generally banned in Iceland, but the university is one of a handful of public service organisations permitted to run…

Lottery ・ 07 December 2022

London Post

How Big Is The Online Gaming Industry, And What Are The Recent Trends?

The online gaming industry has been making waves in the last few years. It's a huge business and one that doesn't look like it'll be slowing down any time soon. It could be growing more significant than it already is. The online gaming industry is a global phenomenon with revenues in the billions of dollars. It encompasses all online games,…

Strategy Guide ・ 31 October 2022

TV Tonight

Traitors low for 10 but HYBPA? still wins Monday slot

Night two of 10's new reality offering did not improve on its low premiere of 257000 but the network bounced back with a comedy favourite. The Block was still way out in front of the entertainment pack at 790000 metro viewers and topped the demos. 7:30 (548000), AGT (470000), Australian Story (436000) and The Traitors (253000). But Have You Been…

Incidents ・ 18 October 2022

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EconoTimes

How might the cost of living crisis affect the UK gambling industry?

The cost of living is rising and has been continuous since 2021. In April 2022, inflation reached the highest level on record. It is expected to peak at almost 9% by Q42022. Soaring energy prices have seen domestic gas prices rise by over 94% and domestic energy up by 54%. This, coupled with increased demand for consumer goods and supply chain…

Industry ・ 11 July 2022

Times Higher Education

University of Iceland ‘addicted to slot machine income’

Iceland's oldest university is facing mounting pressure over an unusual funding source in a country in which gambling is largely banned - Las Vegas-style betting machines. The University of Iceland's estates budget has been funded almost exclusively via a lottery since 1933, when the institution was granted an exemption from a nationwide…

Gambling Addiction ・ 11 February 2022

Times Of Casino

Casino.com Biggest Blackjack Wins

On the Casino.com website, our mission statement is clear for everybody to see. We endeavour to be the very best online casino out there, both in terms of the number and type of games we provide and the kind of customer service our players receive. You'll also note that many of our winners below benefited from VIP treatment at some point in the…

Blackjack ・ 31 January 2022

Central Recorder

Casino Industry Is Rapidly Adapting to the New Era of Online Entertainment

In this day and age, online entertainment is no longer a novelty. However, the global pandemic really put this form of entertainment into the spotlight and helped it evolve even further. Confined to our homes, with gatherings limited, turning to electronics and the internet to stay entertained and up-to-date became a new normal. Each and every…

Industry ・ 09 December 2021

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iGaming Business

UK National Lottery sales reach record £3.96bn in H1

Total sales for the six months from 1 April to 25 September were 2.7%, or £107.3m, higher than in the corresponding period last year. The operator credited this growth to a record digital performance and innovations that raised interest in its draw-based games, as well as a strong brand presence around UK coverage of the Tokyo Olympics. Draw-based…

Lottery ・ 23 November 2021

EconoTimes

A look into gambling laws in Scandinavia

With the growth of online gaming, most countries have had to take a decisive stance on whether they wish to legalize gambling altogether. Unlike the traditional brick-and-mortar casinos, whose regulation and control was easier, online gaming quickly permeates borders, thus necessitating the adoption of decisive measures. Among the Scandinavian…

Law ・ 29 October 2021

The Star

Kenyan welder wins Sh9m Mozzart jackpot

A Kenyan welder is smiling all the way to the bank after hitting a whopping Sh9.9m jackpot with online betting firm Mozzart Sport on Wednesday. John Nyokie, 44, from Naivasha in Nakuru county said he skipped paying rent for two good months while placing his bet on Premier League matches. "It is a league I understand well, sometimes it is really…

Winnings ・ 27 August 2021

The News Review

Las Vegas in the fall

If Las Vegas is on your travel bucket list, or you're a fan but haven't visited in awhile, this is a good time to start planning a trip. Hotels and casinos are open, entertainment is returning and a thrilling new attraction will open this fall. You can enjoy your visit with the knowledge that the city's hotels and resorts have health and safety…

Covid ・ 22 August 2021

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Enfield Independent

Camelot sees record lottery sales despite pandemic

National Lottery operator Camelot revealed sales jumped nearly 6% in the past year as bored households turned to lottery tickets, scratchcards and online games in record numbers. The company said as a result of the high uptake, donations to good causes hit £1.9 billion, including £1.2 billion in Covid-19 support, making the lottery the biggest…

Covid ・ 10 June 2021

The Reykjavik Grapevine

Olís, Snælandsvídeó, Núpalind and Skálinn All Stopped Using Slot Machines In Their Stores

Olís, Snælandsvídeó, Núpalind and Skálinn in Þorlákshöfn have all stopped using slot machines in their stores, Fréttablaðið reports. The reason being is they say that they have a social responsibility to do so. Two weeks ago, a lawyer for the Gambling Addiction Association (SÁS) sent a letter to the University Lottery stating that the use of slot…

Lottery ・ 07 May 2021