Gambling in Iceland
Gambling in Iceland is considered to be illegal, as of January 2017, except for gaming activities organized by the lottery or some non-profit organization. The University of Iceland Lottery is the only institution authorized by the Althing to administer some kind of gambling activities. This organization ownes the slot machines legalized in 1994, around the countire's gas stations or bars.
Online Gambling in Iceland
Online gambling in Iceland is also considered to be illegal as of January 2017, except in cases when it is administered by the University of Iceland Lottery. However many aspects of this market are still unregulated, so beside the prohibition on gambling gamers still find a way to access foreign online gambling sites.