In 2020, The government of Uruguay has delivered sad news for gambling in the country which is all illegal for online casinos and new taxes are applied to all gambling-related activities. The law was passed and approved by the Uruguayan President Tabaré Vázquez
From now on, people in the country can not play all forms of online gambling such as online poker, online casino games including slot machines, table games.
The online market has been switched to online gambling operated by Monopoly La Banca de Quinielas - the national lottery. The government also applies a tax on the company by 0.75$ gambling turnover.
Before 2020, gambling in Uruguay was legal, thanks to the Law for Gambling games which was enacted in 2016. Players were able to play at land-based casino services. In 2017, the government decided to ban all unlicensed online casinos with the belief that these casinos will cause harm to the gambling society.
All these amendments and regulations have been introduced by the National Directorate for Inspection of Betting and Gambling Games department of the country.
To sum up, gambling in Uruguay has been through many changes across the decades. However, in the end, the government still makes it illegal to gamble at online casinos, especially those running without proper licenses. While international online casinos fully licensed are not stated in the regulation. That can be a little chance that players in Uruguay still play and enjoy at the top online casinos accepting players from the country.
One of the best banking methods that players from Uruguay can use to make deposits and withdraw is bank cards including Visa and Master card. These banking are widely accepted by international online casinos. Therefore, there would be a wide range of online casino options to choose from. One of the main drawbacks of using a bank card for gambling transactions is the fee charged which can be up to 0.5% of the total.
E-wallets are also used for Uruguay players. The most popular methods are Neteller, Skrill used at many top online casinos. These e-wallets bring players 3 highlights:
The last option that players in Uruguay can use is the prepaid method which is Paysafecard. The method is widely accepted at online casinos as well. You can use it as a virtual wallet and as a prepaid voucher which as pre-loaded funds.
To conclude, these are some of our recommended banking methods for players from Uruguay to use. Our main purpose is to provide all necessary information for players from the country. We are not in charge of your losses at online casinos that we recommend. Therefore, please play safe and responsibly.