LSbet Casino Review
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Andorra is a small landlocked country situated among the peaks of the Pyrenees mountains. With its favourable geographical position bordering France and Spain, it has secured a significant place in the tourism market, offering duty-free shopping, high class ski resorts and looking into opening its first casino in 2020. It is one of the smallest countries in Europe with the population slightly exceeding 77 thousand.
Although gambling including online gambling is legal in Andorra, this Catalan-speaking country does not have they’re own Andorran online casinos. Considering th way for the introduction of a land-based casino and online gaminge size of Andorra with its limited player base it is quite hard for the country to compete with its major European neighbours in establishing a profitable online casino as it would require them to buy numerous pricy local licenses in order to be able to accept players from different European countries. Most online casinos hold more than one license issued by trusted regulators.
Good news though is that Andorrans are open to everything that online gambling industry has to offer. There are no limits when it comes to choosing and accessing international online casinos that offer the whole package to the betting lovers. Being able to indulge into the world of gambling entertainment with so many choices it is vital to understand the importance of playing in the trustworthy, regulated casinos. It might be a good idea to search casinos that are certified by independent third-party auditors such as eCOGRA, TST and iTechLabs.
Residents of Andorra are privileged in terms of banking options and considering that the official currency of Andorra is Euro all the transactions should be pretty much straight forward with no added exchange fees. So, what is there to wait for when you can enjoy a world-class gambling experience, powered by some of the most known names in the industry?
Gambling in Andorra is legal with the licence and is controlled by the Andorran Gambling Regulations Board (CRAJ). Online gambling regulation however is currently in a transitional state and is not regulated at all.
Since the laws on online gambling are still in the altering process people of Andorra are allowed to access and gamble on the websites provided by the international online operators.
The Andorran Gambling Regulations Board is in the long process of licensing the country’s first casino. It is believed that online gaming regulation along with sports betting and poker is going to be discussed only upon finishing the project of the land-based casino resort.
At this time, the only legal and regulated forms of gambling in Andorra are bingo and lottery apart from online bingo and online lottery of course.
Andorran players cannot be prosecuted or penalised by law for participating in online gambling, as no such laws exist.
The minimum gambling age in Andorra is 18 since 1987 when it was lowered from the age of 21.
No. Andorra does not issue gambling licences at the moment and it is unclear whether it is going to happen any time soon.
Nevertheless, when it does happen with no doubt there is going to be a very strict licensing process. It is still uncertain, however, whether licenses will be granted to the international service providers or only to a sole casino provider once it happens, to let Andorra’s only casino offer online gambling services on a domestic level.
Back in time Andorra used to issue gambling licenses to online casinos in exchange for a small tax and licensing fee, but it was a rather shady business. Taking into account that online gambling was never regulated within the country it is more than suspicious that such licenses were ever issued in the first place. No surprise, such practise has ceased to exist with the government putting a lot of effort in building a consumer protection foundation.
Accounting almost 80% of GDP from the tourism industry that brings over 10 million visitors to Andorra a year the Catalan-speaking country is still developing history in gambling. Although it is a well-known fact that casinos attract more tourism and positively affect the budget of any country, Andorra is slowly embarking on the process of opening and licensing its first proper casino.
2013 was the year when it was finally decided to grant a first ever single license to a casino. This was straight away followed by the various different offers from world’s leading gambling operators. Andorran Gambling Regulations Board was considering numerous casino types from smaller establishments to Vegas-style mega-resorts and in 2015 the legislative committee of Andorra drafted a bill that paved the way for the introduction of a land-based casino and online gaming. The tax on gambling activities has been stated to be really low, in order to attract investors.
Andorra’s gaming regulator Consell Regulador Andorrà del Joc (CRAJ) had a plan to build an impressive resort in the southern part of Andorra in the urban area Les Escaldes that would feature both gaming and non-gaming facilities. Andorra-based company Jocs S.A. had partnered with Australian Novomatic to compete against top names in the industry to secure the sole license to own the gaming part of this resort and have secured the tender to create and operate the first casino in Andorra. The plan is to build a four-storey 4,000-square meter casino establishment in the capital Andorra la Vella and invest €16 million in this project. Novomatic is set to furnish casino’s gaming floor. The project is scheduled to be launched by the end of 2020 and is estimated to generate €12 million a year and attract 190,000 visitors.
Gambling is legal in Andorra although it is not regulated, and online gambling regulations are still in a transitional stage.
As mentioned before bingo and lottery are the only legal and regulated forms of gambling in Andorra. Bingo shops also offer slot machine games in their facilities as they have the licence for that as well. Although bingo is a relatively popular activity, Andorrans cannot enjoy a legal Andorra based bingo provider online.
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