The answer is simple: it is illegal.
Here is one instance that explains the matter: After the Swedish gaming law came into force in January 2019, the market for online casinos changed radically. Soon, more and more Swedes started registering with casino sites without a Swedish license.
To reduce the number of signees playing on these casinos, the government of Sweden started looking for ways to stop them from making deposits. As a consequence, a total ban was declared on certain payment methods supported by casinos that do not have a Swedish gaming license.
The Swedish Gambling Authority together with the Swedish Tax Agency ensured that Swedish banks stop deposits and withdrawals made to online casinos licensed by the MGA, UKGC and Curacao e-Gaming. VISA and MasterCard being the most common banking options, were consequently excluded.
Although credits cards are illegal to use in casino websites, the law doesn’t apply to cards that are linked to a non-Nordic bank account. However, if you now do not have the luxury of opening a bank account abroad, what do you do to play at a casino that does not have a license? Do not worry we have the solution. Below we have compiled the most efficient, fast and secure payment methods players can use when playing at foreign casinos.
The easiest way to deposit money or make withdrawals at all forms of online casinos is through the payment service Trustly. By using it, you can easily and securely make transactions to and from your Nordic bank accounts in no time.
Follow these 6 simple steps and it's done.
Almost all Malta-licensed casinos, so-called MGA casinos, offer this service to Nordic players. A few selected casinos with a Curacao license also offer Trustly, but then it is only for deposits.
These are the best online casinos without a license that accept Trustly as a payment method:
E-wallets are electronic wallets that work a bit like an internet bank. It is an account that acts as an intermediary between your regular bank account and your gaming account. It is a payment method that is becoming increasingly common among Nordic casino players because of its security and flexibility.
Since you do not make payments directly from your bank account or credit card, you insure yourself against common card fraud. The fact that most casinos without licenses offer e-wallets such as Skrill and Neteller is another reason why e-wallets are gaining ground in the online casino world.
Making deposits with an e-wallet is very easy. After creating an account at an unlicensed casino that accepts e-wallets (see the list below), transfer money to your gaming account. It's not harder than that. If you do not have an account yet, you can easily create one.
The most popular and widely most used e-wallets are Neteller, Skrill, ecoPayz and Paysafecard. The process of creating an account differs slightly from each e-wallet to another, but what they have in common is that it is simple, flexible and needs just the basic details.
Once you have created your e-wallet account, you can transfer money from your regular bank account to it. After that, you can deposit at a casino without a license. When you make withdrawals, you transfer money from your gaming account to your e-wallet, and from the e-wallet to your bank account.
These are some of the top unlicensed casinos that support e-wallets:
In addition to the two payment services that we mentioned in this text, there are some other methods for deposits and withdrawals that you can use. Among the most notable are Instant Banking and payments with various cryptocurrencies. The former payment service is currently only available at MGA casinos, and the latter can only be used at Curacao casinos.
DirektBank is a new payment service that has grown into a favorite among Nordic casino players. The advantages of Instant Banking are that it is a safe and easy deposit method. It works just like Trustly, where you transfer money from your bank account to your gaming account using BankID.
Below is a list of the best online casinos that offer deposits with Instant Banking
The market for casinos without a Nordic license has grown in recent years as more and more players choose to play at these casinos instead of those with a license. However, it is not entirely unproblematic to play on gambling sites that do not have a local license, especially when it comes to deposits and withdrawals.
We have sorted the best payment methods Nordic players can use when making deposits or withdrawals at unlicensed online casinos. Trustly, Instant Banking and e-wallets are some of the payment methods we recommend. Our search is always ongoing for casinos that support these methods.
An iGaming enthusiast that have worked with online casinos and betting since 2017. Ex-chief editor for a sport news outlet, Vincenzo is the stalwart of the team who dares to dream big. He knows content that could be a player’s ticket to a million bucks. A quiet achiever, he believes in working in silence and letting success make the noise. He is also the one who ensures everything in the team works the way it should. We can always bet our boots on that