Gambling Age In Nicaragua
Minimum Age: 18
Details and Explanation
Legal Age Requirement: In Nicaragua, the minimum legal age for participating in gambling activities is 18. This applies to casinos, lotteries, and sports betting, as per the Gaming Control Law, enforced to protect minors from gambling-related risks.
Offline / Land-Based Gambling: Land-based gambling is legal, with small casinos in Managua and Granada, offering slots, poker, and table games, catering to locals and tourists. Betting shops and lotteries are widespread, requiring ID checks to enforce the 18-year-old age limit. The casino market, valued at $20 million annually, supports tourism modestly, with venues offering limited game catalogs compared to your preferences.
Online Gambling: Online gambling is unregulated, with no local licensing framework. Residents can access offshore sites offering casinos, sports betting, and poker via mobile platforms, contributing to a $10 million unregulated market in 2024. These sites operate outside Nicaragua’s jurisdiction, leaving players without legal protections, aligning with unregulated markets you’ve explored.
Regulation and Oversight: The Gaming Control Board, under the Ministry of Finance, regulates gambling under the Gaming Control Law of 2006. It oversees casino and betting licenses, ensuring fair play and anti-money laundering measures, but lacks online regulation. Nicaragua’s licensing, less rigorous than Kahnawake’s, supports a small market, with 2024 tax reforms (5% on operators) funding public services.
Enforcement and Penalties: Nicaragua enforces its regulations moderately. Operators face inspections, with violations like underage gambling leading to fines up to NIO 100,000 or license revocation. Illegal gambling is prosecuted, and players engaging in underage gambling face fines. Online enforcement is minimal, maintaining a small, stable gambling environment.
-
Population
- Population: 6262703 people.
- Official Language: Spanish
- HDI: 0,669
- Poverty rate: 42.1%
- Gini: 46.2%
- The believing population: 84%
- Main religion: Christianity (85.8%)
- Second religion: Atheism (12.5%)
-
Harmful habits
- Alcohol: 3.7 litres/year
-
Internet
- Internet users: 25.3%
- Mobile Internet: 66.6%
- Landline Internet: 31.7%
- Internet speed: 18.3 Mbps
- Country Top Level Domain: .NI
- Country name: Nicaragua
- Code (2-digit): NI
- Continent: North America
- Country level: Tier 3
- Capital: Managua
- Country area: 129494 sq km.
- Telephone code: 505
- Currency (code): Gold Cordoba (NIO)
- Online casinos: Regulated
- Online sports betting: Regulated