Gambling Age In Venezuela

Minimum Age: 18

Details and Explanation

Legal Age Requirement: In Venezuela, the minimum legal age for participating in gambling activities is 18. This applies to casinos and lotteries, as per the Gaming Law, enforced to protect minors from gambling-related risks.

Offline / Land-Based Gambling: Land-based gambling is legal, with casinos in Caracas and Margarita Island, offering slots, poker, and table games, some accepting cryptocurrency, catering to locals and tourists. Lotteries are available, requiring ID checks to enforce the 18-year-old age limit. The casino market, valued at VES 50 million annually, is limited by economic instability, offering modest game catalogs compared to your preferences.

Online Gambling: Online gambling is legal but strictly regulated since 2023, with the National Commission of Casinos (CNC) issuing licenses for casinos and poker, requiring physical presence in Venezuela. Sports betting is prohibited, and unlicensed sites face ISP blocking, contributing to a $20 million regulated market in 2024. Players using unlicensed sites risk fines up to VES 10,000, supporting a controlled market.

Regulation and Oversight: The CNC, under the Ministry of Finance, regulates gambling under the Gaming Law, enforcing licensing, anti-money laundering measures, and game restrictions. Venezuela’s framework, less rigorous than Kahnawake’s, supports a $100 million gambling economy, with 2024 reforms requiring operators to pay 10% taxes for public services, reflecting a focus on revenue amid economic challenges.

Enforcement and Penalties: Venezuela enforces its regulations moderately. Operators face inspections, with violations like underage gambling leading to fines up to VES 100,000 or license revocation. Illegal websites are blocked, and players engaging in underage or unlicensed gambling face fines or account closures. The 2025 tax enforcement ensures a controlled environment, with the market limited by economic constraints.