Top 5 Online Casinos for Latin Americans
Top 5 Online Casinos for Latin Americans – The South American region has always been known for its enthusiasm in sports, especially when it comes to football. On the same note, the region also boasts of having some of the most incredible land-based casinos in the world. Finding the best online casino for you may not be as easy as you expect. With the ever-growing choices of new online casinos coming out almost every day, looking for the best one that would fit your needs and wants can become a confusing and sometimes even head-spinning task.
After all, you want to ensure that you will sign up only to the best online casinos since you will be wagering your real money on it. With many diverse countries full of millions of gamers with different tastes, the best online gambling operators work to ensure that they keep their members entertained while attracting as many new gamers as possible.
This is especially important since Latin Americans are known to be gambling lovers. The top countries where gambling revenues are the biggest–both for land-based and online gambling–include Mexico, Chile, Argentina, and Colombia. Argentina, in 2018, had the most number of gambling operators registered under the government.
Thus, gambling is neither taboo nor uncommon in Latin America–in fact, people love gambling. One proof of the people’s love for gambling in Latin America is that more casinos are starting businesses all the time, giving players more options.
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Can Casinos That Accept Latin American Players Be Trusted?
Top 5 Online Casinos for Latin Americans – While the situation varies from country to country, the choice of casinos can be trusted as long as the players maintain themselves informed about the brands’ regulatory statuses. Many of the casinos catering to LATAM online gamblers can trace their licenses back to Curacao. It is the most spread-out license in the region. Ranked somewhat lower are licenses obtained from Panama and Costa Rica.
Operators seeking a license in Panama face low costs and weak control. The only requirement is that they have a legal representative residing in Panama. To be extra safe, players should avoid such venues. A license in the Curacao jurisdiction is a much better choice. Ideally, having access to sites approved by the local governments is the safest way of placing bets in Latin America.
But, as we have seen in the previous sections, local people are mostly banned from accessing their own local markets. Therefore, they have no choice but to seek entertainment from the “outside world”. Top 5 Online Casinos for Latin Americans – LeoVegas is a rare example of an international brand receiving official authorization and a local domain (Betsson has a Peruvian site with a .pe domain). Luckily, it seems as if the will to change things around and start activating individual LATAM markets in the coming years exists.
What kind of Casino Games can players from Latin America Play?
Slot Machines – Slot machines dominate popularity in nearly every part of the world. The story isn’t different in Latin America. In countries where gambling is legal, casinos make up to 80% of their money through slots. The average online slot pays out 90% to 90% of wagered money. This gives players a fair chance to win. When you add in-game features like wilds, scatters, multipliers and free spins, slots become pretty appealing.
Online Poker – Poker is arguably Latin America’s most popular card game. People play the game at home, in the streets, and in casinos. At one point, poker was so popular in the region that PokerStars sponsored a seasonal tournament dubbed the Latin Poker Tour. The competition ran between 2008 and 2016. Usually, games were held in different cities in Latin America, but competitors came from all parts of the world. Brazil, Argentina, Costa Rica and Chile held the highest number of games.
Online Blackjack – Blackjack is a unique game. Unlike poker, you play blackjack against a casino. Of course, casinos have employees known as dealers who play on their behalf. Defeat a dealer in a game, and you’re taking money away from the house. Winning in blackjack means producing a hand of 21. You also win if your hand is close to 21 and better than the dealer’s hand. A hand beyond 21 is called a bust—a loss. Similar to poker, blackjack has a handful of variants. They share the same core objective—defeating the dealer in a hand of 21.
Online Roulette – Is there a table game more accessible to play than roulette? All you need is to decide what to predict. You can pick a straight number—predict where the marker on the wheel stops (0-36). You could also predict the colour (black/red), odd/even, corner bets, three numbers and dozen bets. In other words, roulette has plenty of bet types, each with varying odds and payouts.
Online Baccarat – Baccarat isn’t as popular as poker in Latin America. But it’s popular with celebrities and high rollers. It’s also a game you’re guaranteed to find at your favourite online casino. On the surface, baccarat looks like blackjack. The goal is to produce a hand close to or equal to nine. Also, there’s a player’s hand and a banker’s hand. While there are similarities, the games are entirely different. In baccarat, the banker isn’t the equivalent of a dealer. It’s just one of two hands played in the game. When it comes to betting, you can back the player, the banker or a tie.
Online Video Poker – Contrary to popular belief, video poker isn’t a variation of standard poker. Instead, it’s what you get when you merge poker with slots. On the one hand, it uses RNG software and video screens akin to slot machines. Conversely, it features poker hands and aims to produce the most substantial poker hand. First, you must bet between one and five credits or multiples.
Live Online Casino – Live online casino took the innovation of online casinos to a new level. Just when you thought online casino is the best innovation in the world of gambling, live online casinos came in. In live casinos, you still play remotely over the internet through your devices (a smartphone or a computer). However, unlike the online casino that you may know, a live casino features real people dealing with real games and real gaming equipment.
How does that work, you may ask? Live casinos aim to give you the experience that is as close to playing in a land-based casino as possible, without the need to go on your way out. Live casinos allow you to play your favourite casino games in a live stream and dealt live by real dealers. These live dealers are attractive men and women and are dressed in the most elegant and fashionable clothing.
Top 5 Online Casinos for Latin Americans – Mobile Gaming
Mobile Gaming for Latin American Players – Technology has made it possible to play anywhere and anytime as long as you can access a mobile device. All the top-rated South American online casino sites support gadgets like tablets and smartphones.
To make this possible, the web templates used to develop these sites are usually responsive and adjust nicely to any mobile device’s screen size without interfering with the site’s usability.
22Bet Casino does not have the biggest welcome bonus, but if you are into mobile gaming and Sportbetting, this is your new favourite online casino! To make things even more convenient for mobile gamers, you will find that any site considered one of the best online casinos in South America will have a native mobile app for Android and iOS devices. The mobile casino app for iOS can be downloaded from the iTunes App Store, while Android apps are usually downloaded straight from the site.
The Best Choices for Deposit and Withdrawal Methods
Top 5 Online Casinos for Latin Americans, an online casino’s available or supported payment methods can make or break your choice. The most common payment methods are debit or credit cards and a direct bank transfer. However, most online casinos accept e-money wallets like PayPal, Skrill, and Neteller.
Now, cryptocurrencies like Bitcoin are getting more support from online casinos and bookmakers.
Most South American players gambling on local and foreign online casinos prefer using the US dollar, a standard currency in most online casino sites. But then again, you’ll also find many other native currency options for the players, including native currencies like the Peso, Sol and Bolívar, depending on the parent country of the operator. You will find the popular payment methods in this region are the same ones that are in other online casinos globally. Here’s a quick summary:
- Credit and debit cards: VISA, VISA Electron, Mastercard, Maestro, Delta, JCB, and AmEx
- Electronic wallets: Neteller, Instadebit, Entropay, PayPal, EU Teller, and Skrill
- Bank Account Transfers: Direct wire transfers, iDeal, Trustly, Internet Banking
- Others: Check, PaySafeCard
The Best Game Studios and Casino Games for Latin Americans
Top 5 Online Casinos for Latin Americans – Most Popular Online Casino Games for South American Players. Football has always been the most popular game for most South Americans. No wonder many legendary footballers come from this continent. While betting on sports is prevalent, online gambling games have been catching on for the past decade. The online games gaining a lot of traction among South American players include:
- Online Bingo
- Lottery Games
- Online Slot Machines
- Poker and Video Poker
Other table and card games like blackjack and roulette are also frequently played, especially in the live dealer sections of online casinos. South American gamblers enjoy live betting clients because it brings the magic of the brick-and-mortar facilities to them, irrespective of the gaming location.
Top 5 Online Casinos for Latin Americans – The Best Software Providers
The Best Software Providers – Best South American online casinos rely on the best software developers in the world. Using software from reputable software developers guarantees the games’ integrity on these Top 5 Online Casinos for Latin Americans. It also ensures that the games are fair and random without biases, thanks to the adoption of random number generator systems. Some of the software developers for the South American casinos include:
- Betsoft
- NetEnt
- Playtech
- Play’n Go
- NextGen
- Cryptologic
- Thunderkick
- Microgaming
- Blueprint Gaming
Top 5 Online Casinos for Latin Americans – Gambling Regulations
Argentina Online Gambling Regulations – As the second-biggest economy in the Latin American region, Argentina had to step up and regulate online gambling. The country boasts a rich land-based gambling culture, but as it turns out, Argentine players are avid web gamblers. Top 5 Online Casinos for Latin Americans – In Argentina, the online gambling market is not regulated on a federal level but rather on a provincial level.
This means that internet casino operators must solicit local authorities’ licenses. Upon obtaining a license, the operator can only offer services to residents of that province. The online gaming and betting sector is estimated to generate $2.4 billion in annual revenues for the Argentine treasury.
Bolivia Online Gambling Regulations – In short, there are no online gambling regulations in Bolivia. The country’s Law 060 of Lottery and Chance Games, established in 2010, states in Article 8 that all profit wagers are prohibited. However, the country’s Gaming Control Authority knows Bolivian players visit online casinos and play for real money. Top 5 Online Casinos for Latin Americans – Online gambling regulations are on the menu, but the reforms are not there yet.
Colombia Online Gambling Regulations – Colombia is fertile soil for online gambling businesses. The country is the fourth economy on the continent, has a high percentage of mobile penetration and a large population. In 2016, Colombia regulated online gambling and was the first country in LATAM to do so. Nearly all forms of gambling, both land-based and online, are legal.
Coljuegos is the authority that oversees gambling activities and issues licenses for online gambling sites. The so-called Colombian model is booming, which is why other Latin countries look up to it. Internet gambling is safe; players can legally gamble on several websites with fairness and transparency.
Chile Online Gambling Regulations – In Chile, things are starting to move towards regulating gambling online. Current legislation prohibits online operators from offering their services via websites and land-based casinos from launching their online platforms. The bill regulating online gambling is expected to pass in 2021 as the Ministry of Finance wishes to ensure player’s safety and increase tax revenues. Currently, Chilean players use their unlimited access to websites based on and licensed in other jurisdictions.
Costa Rica Online Gambling Regulations – The iGaming sector in Costa Rica has been flourishing but uniquely. Namely, the laws of this country prohibit games of chance, yet, somehow, Costa Rica is known as an online gambling hub. Gambling companies must follow the state law if they wish to operate in the market, but they can only accept players from other countries – not Costa Rica. Top 5 Online Casinos for Latin Americans – More than 450 iGaming companies operate out of Costa Rica, with a “data processing” license. With no real regulation, setting up an online casino in a tropical South American country is easy. While many sportsbooks and casinos are based in San Jose, Costa Ricans play online casino games at sites with serves located elsewhere.
Mexico Online Gambling Regulations – While many consider the online gambling scene in Mexico to be a grey area, legal experts claim that the Gaming Regulations of the Federal Law on Games and Raffles authorize taking internet bets. The Dirección General de Juegos y Sorteos regulates the gambling market and touches on remote gambling centres.
Those looking for gambling services in Mexico can find them with a few sites with authorizations and partnerships with land-based license holders. Top 5 Online Casinos for Latin Americans – That being said, Mexican gambling sites are unavailable to Mexican citizens. As a result, Mexicans gamble on offshore-based sites. Proposals for establishing comprehensive online gambling legislation and a regulatory body to oversee the industry exist. Will they bring change remains to be seen?
Peru Online Gambling Regulations – In Peru, it is considered allowed what is not expressly prohibited. Operators feel free to offer online casino games to Peru residents, as it is not considered illegal to do so. The General Directorate of Casino Games and Slot Machines (DGJCMT) is the regulator allowing domestic and foreign gambling brands to service Peruvian players. There is heavy competition in the Peru online casino market since offshore operators are not obligated to acquire a license. Of course, you should always pay attention to sites that do not expose their players to security risks and hold credible licenses.
Uruguay Online Gambling Regulations – There is a lack of regulation in Uruguay when it comes to operating online casino games. For that reason, Uruguayans simply gamble on foreign-based sites. A law was passed in 2018 that gave the Dirección Nacional de Loterias y Quinielas (National Directorate of Lotteries and Pools) sole authority to operate online gambling. This entity offers lotteries and sports betting. Top 5 Online Casinos for Latin Americans – Legal presence for online gambling operators is possible in the Montevideo Free Trade Zone, but even then, they cannot offer their services to residents of Uruguay.
Venezuela Online Gambling Regulations – Online gambling is a trend in Venezuela, particularly sports betting. Venezuelans are always looking for new places to bet, so where can they bet? There are internet gaming companies near Margarita Island, not the Venezuelan mainland. Top 5 Online Casinos for Latin Americans – The government has yet to regulate the online gambling market in the country strictly, so there are no boundaries for Venezuelan players when it comes to siding with offshore operators. Due to the hyperinflation and the value of the bolivar constantly declining, many people have turned to BTC deposits and altcoins. While Maduro tries to push Petro, the players opt for the cryptocurrency the government cannot manipulate.
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💎 7 Different Welcome Bonuses
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🎰 6200+ Casino Games
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Top 5 Online Casinos for Latin Americans FAQ
Can I Play At Mexican Online Casinos?
You certainly can. While there are no local internet casinos, numerous offshore regulated casinos now allow Mexican online gamers. Just look at our list of the best Mexican casinos above to find the one that interests you.
Where can I find a safe online casino in Peru?
Check out our list of the best online casinos in LATAM. Players from Peru are welcomed by many casinos, and extensive international operators.
Are online casinos allowed in Columbia?
Yes, Colombia is the only country with a fully regulated online gambling market with a regulatory body to supervise and issue licenses in this department.
Can I deposit to an online casino in Costa Rica?
Costa Rican banks do not process transactions for online gambling operators in the country. As a player, you can safely deposit to a licensed casino based outside of Costa Rica.
Should I play at international or local gambling websites?
If you have the option to play at a locally-based, official site, do it. This way, your safety is guaranteed, as well as the fairness of the games on offer. If you choose to play at offshore sites that accept players from your country, make sure the brand is licensed in Curacao or Malta.
Is it legal to play for real money at LATAM online casinos?
It is not illegal. While some countries prohibit games of chance or do not regulate the iGaming market, players from any Latin American country can join a foreign-based online casino and play for real money.
What are the best payment methods for online casino players in Latin America?
Each player should decide on their own which method suits them best. Nevertheless, picking a method, you already know can bring a higher sense of comfort and control. In the case of LATAM punters, there are many locally-acknowledged and widely-used options, such as Oxxo, Lobanet, Todito Cash, Pago Efectivo and DineroMail.
