In Venezuela, casino operations are legal and regulated under the 1997 Casino Act. After a nearly decade-long ban, Venezuela began reopening casinos in 2020. Around 30 venues have since resumed operations, mostly in major cities, as part of a government push to revive tourism and bring in foreign currency.
Sports betting is legal only in limited forms – mainly horse racing through licensed racetracks. Betting on baseball or football is common but largely informal, with few regulated outlets available. Online gambling exists in a legal grey area – a few local operators are licensed via the National Superintendence for Casino, Bingo Hall, and Slot Machine Activities (SUNAHIP), but enforcement is weak, and offshore sites dominate.
| Regulatory Authority | National Commission of Casinos, Bingo Halls and Slot Machines (CNC) |
| Key legislation | There is no specific regulation for online gambling at the moment. |
| Allowed activities | No available information at the moment |
| Prohibited activities | No available information at the moment |
| Taxation and fees | No available information at the moment |
| Licence validity / duration | No available information at the moment |
| SOFTSWISS products compliant | No products available at the moment |
| Key legislation | Law No. 36.254 (1997) |
| Allowed activities | Under a valid licence issued by the CNC:
Activities must be conducted in approved zones (e.g. tourist areas) and generally within 5-star hotel facilities. |
| Prohibited activities | Among others:
|
| Taxation | Casinos:
Bingo halls:
Taxes are payable monthly and in addition to other national or municipal taxes. |