Online Gambling Laws in Venezuela
The Bolivarian Republic of Venezuela has a strictly regulated online gambling scene. La Superintendencia Nacional de Actividades HĆpicas oversees horse racing, while the ComisiĆ³n Nacional de Casinos regulates other forms of gambling, including bingo gaming. The country has legal betting locations for anyone who wants to gamble on various sports events. Check the information below to find out more about the gambling laws of each sector:
Are Venezuela Online Casinos Legal?
Venezuela online casinos are legal and fully regulated by ComisiĆ³n Nacional de Casinos. Players in the country can wager on slot machines, table games, poker, and bingo games without any repercussions. By mid-2015, three brands were operating in the country. Of the three, CasinoOnAir and Casino Bar, which ran out of Margarita Island, were discontinued due to unscrupulous activities. The whereabouts of the other gaming site is unknown. However, gamers interested in playing their favorite games can do so in a variety of offshore gambling sites operating in the region.
Is Online Sports Betting Legal in Venezuela?
Betting on sports is legal in Venezuela. ComisiĆ³n Nacional de Casinos regulates the sports betting industry. However, punters can only gamble at offshore sportsbooks due to the missing local sports betting sites. The platforms hold foreign licenses and offer both live and pre-live betting services. You can also wager on virtual sports and eSports so long as you have an account. Besides, Venezuela has sports betting outlets that are located within gambling establishments. Such a vibrant gambling environment is why the betting industry yields approximately $400 million yearly.
What is The Future of Online Gambling in Venezuela?
The future of online gambling in Venezuela is bright despite the government being adamant about expanding the groups of licensees. Venezuela has a population of 28.2 million people, most of whom are online gamblers. This has increased the demand for quality gaming services, which has, in turn, fueled the upsurge of iGaming sites. More offshore platforms are thus expected to make a debut in the Venezuelan iGaming scene to cover the demand-supply gap. However, there are no reports on whether local brands will be operating in the region any time soon. Until then, you can comfortably wager at different high-profile foreign-licensed sites.
How We Find the Best Legal Venezuela Casinos
Our main focus is to provide you with a selection of top real money casinos in Venezuela that guarantee unmatched gaming services. To come up with an unbiased list, we follow a stringent criterion that involves reviewing the following aspects:
- Fair Gaming - Our review team must check whether the games offered are RNG-certified for fairness. We expect the platform to have a fair gaming report from iTech Labs, eCOGRA, TST, and BMM Testlabs, among other reputable third-party companies. Fair Games imply that all results are random and not manipulated to increase the house edge.
- Loyalty and VIP Rewards - Our review experts must check for the availability of loyalty or VIP plans. Such plans benefit active clients who spend most of their time playing games at the site. Some of the things we look at include the extensiveness of the plans, the benefits attached, and the bonus terms to ensure the loyalty rewards are favorable to our clientele.
- Positive Player Feedback - Most online gaming sites do false advertisements to attract players to their sites. To get an ideal picture of these platforms, you need to go through customer feedback and reviews. Part of our analysis involves confirming what current and former players say about the brand before adding it to our list of top 10 Venezuela sites. With such raw data, we can correctly calibrate the user satisfaction of the platform and determine its suitability.
- Large Jackpots - Our Venezuela review team cannot recommend a gaming site before going through the list of standard and progressive jackpot games. Such titles help boost player morale by allowing them to play games for a chance to win big. We also check the software providers behind the jackpot games before testing the titles to ascertain their quality.
- Mobile Optimisation - Sites optimized for mobile devices are known to attract more clients in this technological era. These platforms are convenient and efficient since they don't limit players to a particular locality. As a result, we have to confirm the brand's mobile coverage by checking the availability of the in-browser website and mobile apps. Only platforms with quality apps and mobile websites appear on our list of top Venezuela casinos.
- Safety and Security - Customer security is mandatory. The sites should be at least SSL-secure or have the latest data encryption technology, such as TLS Version 1.3. We also confirm the availability of a firewall system and HTTPS protocol which ensure customer security and privacy.
- Variety of Games - Brands on our list of high-ranking sites in Venezuela feature a wide variety of games. For a gaming site to make the cut for our list, our reviewers must confirm the availability of online slots, virtual tables, and live dealers. Extras such as keno, scratch cards, bingo, and lotteries allow the brand to rank favorably and grant a chance to appear at the top of the list.
- Awards & Reputation - Accolades such as Global Gaming Awards (GGA), EGR Awards, Asia Gaming Awards, The Baltic and Scandinavian Gaming Awards (BSG), and Southern European Gaming Awards (SEG) come in handy when determining the suitability of a gaming site. We expect the site to hold numerous awards in different categories, such as Operator of the Year, Live Dealer of the Year, and Customer Support of the year, among others.
- Banking Options - Our review team must go over the available online banking methods before completing our rating. The site should have modern payment systems like PayPal, Interac, and ecoPayz. The platform should also support credit/debit cards, cryptocurrency options, and bank transfer solutions. Lastly, the payment options should have the Venezuelan bolivar on the list of currencies offered.
- Licensing & Regulation - For a site to make it on our lists, it should have a license. Local brands must operate under the laws of ComisiĆ³n Nacional de Casinos. On the other hand, foreign operators must have valid licenses from Malta Gambling Authority, UK Gambling Commission, and the Government of Curacao.
Top10's Featured Brands for 2024
Below you will find our featured brands for real money players in 2024. These are the best online casinos for Venezuela and they all rank highly in our lists. Not only are the legit operators, they also offer generous bonuses and ongoing promotions to help you win more.
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Jackpot City Casino Best Online Slots & Jackpots
Jackpot City is the best choice for slots and jackpots. The site gets its games from Microgaming, so expect slots such as Lucky Lucks and Amazing Link Fates. Besides, Jackpot City houses top jackpot titles like Mega Moolah, Wheel of Wishes, and Major Millions.
(5/5) -
Classic Casino Best Online Casino Bonus
Classic outranks the rest when it comes to providing clients with the best bonuses. The site has a no deposit promo of 3 free spins on a progressive jackpot game. Furthermore, the gaming site offers its clients 80 chances to win for a deposit of $1 only. These promotions come with favorable terms that are easy to meet.
(4.5/5) -
Yukon Gold Casino Top Casino for Real Money
Launched in 2004, Yukon Gold is a world-class real money site with quality slots, live dealers, and table games such as Classic Blackjack Multi-Hand that you can play with real money. Besides, the site houses fast withdrawal methods such as PayPal. Finally, this brand has intriguing bonuses for VIP players in Venezuela and a valid license from Kahnawake, making it trustworthy.
(4.5/5) -
LeoVegas Casino Best Mobile App
We highly recommend LeoVegas, a 2013 Malta-licensed site when it comes to Venezuela brands with amazing mobile coverage. LeoVegas has iOS and Android applications that are easy to install. With the platforms, you can play online slots, live dealers, and quality table games on the move.
(4/5) -
888 Casino Fastest Withdrawal Casino
888 is a reputable, trusted, and safe online gaming site that has been operational since 1999. We highly recommend the platform to Venezuelan players seeking sites with fast withdrawal services that take less than two days to process. You can also use the payment methods to instantly deposit cash into your account, whether you are a standard or a VIP player.
(4.5/5)
Popular Real Money Games
Online gaming sites in Venezuela come with a wide variety of games that you can play with real money or for free. Besides, the titles are eligible to play with different bonus offers. Most brands offer a full range of online slots and table games like blackjack, poker, and roulette. Players interested in live dealer games can also access these and wager against professional dealers. All you need to do is pick the suitable brand to enjoy all these and more! Read on as we break down the gaming categories and some of the best titles you can enjoy in each:
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Video Poker
With a high payout rate and immersive gameplay, video poker is one of the most played games on Venezuelan online sites. Highly recommended varieties include Aces & Faces, Double Joker, Deuces Wild, Joker Poker, and Jacks or Better. Across the board, the card games feature amazing graphics and animation, guaranteeing smooth gaming sessions. However, some level of skill is required to compete favorably, thus suitable for expert gamblers.
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Online Slots
Slots take the lead for players' favorites since they are a game of chance and require no expert skills to land winning combinations. The best casinos in Venezuela bring all the top-shelf slots online you can ask for from industry-leading software providers like Microgaming and NetEnt. Expect classic, branded, and video slots such as Chase Cheddar, Hearts Desire, Shark Spin, and Jewel Falls. You can also play various 3-reel, 4-reel, 5-reel, and 6-reel slot machines at will. Players who wish to go for the big win should opt for progressive jackpot titles like Arabian Nights and Mega Moolah options. Lastly, online slots come with demo versions that you can use to test the suitability of the games before playing for real money.
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Online Blackjack
Blackjack is one of the most popular card games, characterized by the race to beat the dealer's hand to 21 to win. The high status of the game is among the reasons you can play blackjack at the best online casinos. Try your hand at top-rated versions like Pirate 21, Single Deck Blackjack, and Blackjack 11. Some blackjack versions also accept side bets, while most have demo versions that you can use to practice various winning strategies for free.
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Online Roulette
The best casinos in Venezuela offer clients top-tier roulette titles such as American Roulette, European Roulette, and French Roulette variants. Regardless of the number of zero slots on the wheel, Roulette games guarantee user satisfaction thanks to their simple rules and gameplay. Operators in Venezuela get their roulette games from prominent software providers like Playtech, thus the quality features. To increase your winning chances while playing roulette online, make use of top roulette gaming strategies like The Martingale System, D'Alembert system, and The Fibonacci system.
Most Popular Casino Games in Venezuela
While there are countless games to choose from at the best Venezuela online casinos, a select few have gained a loyal following from players in the region. These have captured the populace with their high return-to-player rates (RTPs), excellent themes, stunning storylines, and bonus features. We sorted through the varieties, and here is a list of the most popular games in Venezuela that you should consider playing:
- Mega Fortune - 96.6%
- Fortune Coin - 94.2%
- Jade Emperor - 95.97%
- Sakura Fortune - 96.58
- Rainbow Riches - 96%
- Mega Moolah - 94%
- Cleopatra Plus - 96.50%
- Wolf Run - 94.98%
Other Top Online Casinos Per Country Best Venezuela Casino Payment Methods
The best Venezuela casinos offer players fast and secure payment methods for a wholesome iGaming experience. These sites have multiple banking solutions grouped into e-wallets, cryptocurrency methods, bank transfer, and, most importantly, card payment solutions, thus catering to all types of players. While there are a plethora of payment methods available at online casinos in Venezuela, we narrowed down the list to the best of the bunch that are highly recommended for the locals. Go through the details below for more information:
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VISA
The number of Venezuelans with credit cards is significant. This explains why VISA is one of the most popular payment options in the country. To use the banking system, open an account with financial institutions like Banco de Venezuela Santander or Banesco. After that, share your banking information with your chosen operator and verify the details to start gaming with real money. VISA offers instant deposits, whereas withdrawals take 3 to 5 days. Additionally, some operators may charge a fee to process your transactions. However, this depends on the online site you choose.
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PayPal
PayPal is Venezuela's second most popular online banking system. The banking option has a huge coverage and processes payments efficiently. Using PayPal, you can instantly fund your account with money. Besides, you can make timely withdrawals from your preferred gaming site. Similar to VISA, whether or not you will pay a transaction fee is dependent on the operator.
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Litecoin
Venezuela is an advanced country with a huge population having crypto wallets. The good news is that reputable iGaming sites in Venezuela accept cryptocurrency, with Litecoin being the most favored payment option. Using the banking system, you can make anonymous transactions online. Litecoin is secure and guarantees players rapid deposits. Withdrawals, on the other hand, take less than 15 minutes to process. You can, thus, be certain that you will have an easy time keeping your winnings. But first, you need to have a digital address of the online gaming site you are using and your e-wallet to transact online.
Other Payment Alternatives
- ecoPayz - ecoPayz is a secure payment method that you can use to initiate transactions at high-rated gambling websites in Venezuela. The payment option is fast and guarantees withdrawals within 2 days.
- Neteller - Established in 1999, Neteller is a reliable payment solution that accepts deposits and withdrawals at the best online casinos in Venezuela. The payment system features 2-step authentication as an added layer of security.
Online Casino Bonus Terms and Conditions
Online casino bonuses have terms and conditions (T&Cs), which you must adhere to! These stipulations state what you need to do to activate the promotions. They also discuss the bonus wagering requirements, maximum cashout, maximum bet amount while playing the perks, and game contribution percentage, as shown in the detailed list below:
- Max Cashout: The max cashout amount is the amount of money you can win when playing the offer to keep players from earning more than they should. Whether high or low, the maximum cashout always depends on the promotion and the operator.
- Allowed Games: Different bonus offers are designed to accommodate select games. While most free spins are suitable for playing slot machines, some cash bonuses can only be used to play table games or live dealer titles. Operators may even specify the software provider whose games you can play with the promo, for instance, NetEnt or Yggdrasil.
- Game Contribution Percentage: Game contribution percentage stipulates the proportion each title contributes towards the wagering requirement. This term and condition details which titles to play to complete the playthrough requirements fast. Note that some games contribute as high as 100% towards the wager while others contribute 0%. Thus, pay more attention to titles with high game contribution percentages.
- Max Bet: Maximum bet is a bonus term that states the highest amount of wager you can make when playing the offer. A promotion with a maximum bet of $5.00 implies that $5.00 is the highest wager you can place when playing through the bonus. Note that you must maintain this cap until you clear the bonus.
- Wagering Requirements: Wagering requirement is a very important stipulation that dictates how many times you need to play the bonus or bonus winnings before you can withdraw the promo earnings. After you meet the stipulation, the operator will transfer your bonus winnings from the bonus balance to the account balance.
- Validity/Expiry Period: Expiry period is the time the offer is slated to last. It can be 24 hours, 7 days, 30 days, or even 60 days. Should the time lapse before meeting the rollover requirements, the bonus and winnings (earned) become null and void. In short, the operator withdraws the remaining offer and discards the winnings.
Why Trust Our Online Casino Reviews for Venezuela
We are the leading analysts for online casinos in Venezuela! Our catalog of trusted sites includes reviews for the country's top-rated legal gaming sites as well as the best international brands and top European sites accepting real money players in 2024. Apart from our years in the industry and familiarity with the online gambling landscape at large, at top10Casinos brands pass through a rigorous check before landing on your recommended list. Other key highlights of why should our reviews for online casinos in Venezuela include:
- We Test the Customer Support - Our review team has built trust among our clients by providing factual/tested results. For example, we must test the customer support of the gaming site before adding the brand to our lists. First, our analysis highlights the contact options available, namely: email, telephone, or live chat. We then go a step further to report on the responsiveness and accuracy of feedback from the customer support team.
- We Monitor Forums and Check Player Feedback - We don't just review the sites and leave it at that. We must check player feedback and monitor the forums. These two items help us have a clear image of the site.
- We Test the Games and The Sites - Our review team always takes their time to preview the games both for free and with real money. This helps us have a feel of the gameplay and bonus features. It is also the best way of confirming the quality of games offered by the operator.
- Our Reviews Are Honest and Non-Biased - Every site review we create is designed to inform our clients and not promote the sites in Venezuela. We, therefore, ensure to remain truthful and non-biased so that players have a clear picture of the brand and their offerings.
FAQs
- How do online casinos in Venezuela work? Online casino sites in Venezuela offer players access to online slots, virtual tables, and live dealer games. However, before operating in the country, the brands must hold a local license from the ComisiĆ³n Nacional de Casinos or be regulated by recognized international bodies like the Malta Gambling Authority or UK Gambling Commission.
- What is the legal gambling age in Venezuela? The legal gambling age in the country is 18 years. Any player below 18 cannot gain access or play games. Operators require you to submit documents such as a copy of your ID or passport to verify your account confirmation.
- Are online casinos in Venezuela safe? Yes, the best gaming sites in Venezuela are safe. The iGaming sites have security measures like SSL data encryption technology to protect players and their details. They also hold games regulated by recognized bodies to ensure customers are secure.
- How do you start playing at an online casino? To play at a gaming site, you must register for an account and verify the information. After that, you need to fund your account with some cash before picking the game you wish to play. In case you win, the amount is added to your actual balance, where it will await withdrawal.
- Do you have to pay taxes on the money you win on the internet No, players in the country don't pay taxes on their winnings. You get to pocket the entire cash you generate playing slots, table games, or live dealer games on the internet.
- Can I play the games for free without using money? Yes, you can play games for free without using cash in the nation. Operators offer clients games that come with demo versions. These are titles you can play without using any cash. Alternatively, players can make use of no deposit bonuses to play games for free.
- Can I keep my winnings with a no deposit bonus? Yes, you can keep winnings with a no deposit bonus. However, you must ensure you meet the wagering requirements, if any, before you can withdraw your earnings. Confirm the playthrough requirements by going through the bonus terms and conditions.
- Is it legal to bet on sports on the internet? Yes, betting on sports on the internet is legal. The Bolivarian Republic of Venezuela allows gamblers to place bets on sports on the internet using some of the best offshore sportsbooks operating in the nation. There are also gambling establishments that offer sports betting to players.
- What is the best game to play for real money in Venezuela? The best game to play with real money in the country is Mega Moolah. This progressive jackpot slot machine by Microgaming software developer comes with a significant prize that you can win if you align the correct symbols on a payline. Mega Moolah is also captivating with a fantastic animal theme that will see you enjoy your gameplay.
- What is the best payment methods for the fastest withdrawals? Litecoin is the best payment method for the fastest withdrawals. The cryptocurrency option processes deposits within minutes. This is, however, dependent on the iGaming site you are using. In case of a delay, withdrawals may take up to 24 hours.
Written by
Bonnie Gjurovska - Lead Editor Bonnie Gjurovska has been professionally involved in iGaming for over 5 years. She is passionate about online casinos, testing software and finding the best promotions. Her passion makes Bonnie the perfect candidate to help guide players from around the world and to oversee the content published on Top10Casinos.com.
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