Venezuela

    Gambling regulation

    • Online casino:
      Regulated
    • Online sports betting:
      Regulated
    • Gambling in detail:
      more details

    Coat of Arms

    Coat of arms of the country of Venezuela

    download SVG or PNG

    Population

    • Population: 31028637 people.
    • Official Language: Spanish
    • HDI: 0,699
    • Salary: $176
    • Poverty rate: 38.8%
    • Gini: 44.8%
    • The believing population: 79%
    • Main religion: Christianity (89.3%)
    • Second religion: Atheism (10%)

    Harmful habits

    • Alcohol: 2.5 litres/year

    Internet

    • Internet users: 72.9%
    • Mobile Internet: 78.8%
    • Landline Internet: 20.4%
    • Internet speed: 5.7 Mbps
    • Country Top Level Domain: .VE

    General information about the country

    • Country name:
      Venezuela
    • Code (2-digit):
      VE
    • Continent:
      South America
    • Country level:
      N/A
    • Capital:
      Caracas
    • Country area:
      912050 sq km.
    • Telephone code:
      58
    • Currency (code):
      Bolivar (VEB)

    Geographical features of the country

    Administrative division into regions

    Federal District: Caracas.
    State (24): Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Vargas, Guarico, Delta Amacuro, Carabobo, Caracas, Cojedes, Lara, Mérida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Sulia, Tachira, Trujillo, Falcón, Yaracuy.

    Features of the country

    The modern territory of the country was partially or completely occupied by the following states: Spanish Empire, Great Colombia, New Granada.

    Venezuela is washed by the seas: Caribbean Sea.

    Venezuela has access to the following lakes: Maracaibo, Valencia.

    The following rivers flow through the territory: Orinoco, Rio Negro, Apure, Guaviare, Arauca, Caroni, Meta, Caura, Cuyuni, Casiquiare.

    Venezuela owns the islands: Margarita, La Tortuga, La Blanquilla, Coche, Orchila, Ancoca, Cubagua.

    Mountains in the country: Bolivar, Humboldt, La Concha, Bonplan, Espejo, Piedras Blancas, El Toro, Mucunuque, El Aguila, El Llano, 31 de Marsu, Marahuaca, Roraima, Chimata Tepui.

    Famous caves in the territory: Cueva del Guacharo.

    Gambling regulation

    • Online casinos:
      Regulated
    • Online sports betting:
      Regulated

    Read more about regulation

    Venezuela has a National Commission for Casinos, Bingo Halls and Slot Machines under the auspices of the Ministry of Finance, responsible for enforcing gambling legislation.

    In reality, the commission's control is focused on offline gambling establishments, as the country lacks a clear regulatory framework for online gambling and -betting. In fact, the iGaming sector is in a gray zone.

    Top brands in the country

    1. TriunfoBet: 314,400
    2. Cordialito: 123,450
    3. Juega en Linea: 108,350
    4. Facilito Bet: 85,060
    5. MiCasino: 54,900
    6. Betcris: 53,350
    7. 1xBet: 34,050
    8. 1win: 24,920
    9. BetPlay: 19,810
    10. Bet365: 17,080
    11. Apuestas Royal: 11,250
    12. Betfair: 10,900
    13. WCasino: 8,790
    14. MasterBets365: 8,340
    15. Forebet: 6,360
    16. Stake: 5,250
    17. Melbet: 5,150
    18. Mystake: 4,520
    19. RaceBets: 3,720
    20. Wplay: 2,920

    Data for May 2025. Numerical data - search volume for related keywords.

    Online Gambling in the country

    It should be noted that the population of the jurisdiction is almost 30 million people, with about 70% of citizens living in multidimensional poverty, which implies lack of access to education, health care, electricity and so on.

    For this reason, gambling platforms for Venezuelans serve more as a way to improve living standards than as entertainment.

    According to available data, about 40% of the state's population participated in some form of gambling between 2020 and 2021.

    • Blask data from: 06/03/2025

    • Population: 22,734,162 people.
    • Population growth rate: +2.34% per year.
    • Internet users: 14,100,000 people.
    • Urbanization:

      88.4%
    • Languages in the country:

      Spanish — 98.2%
      Indigenous — 1.3%
      Portuguese — 0.1%

    • Age structure:

      0-14 years — 25%
      15-64 years — 65.9%
      65+ years — 9.1%

    • Median age:

      Total — 31
      Male — 30.3
      Female — 31.7

    • Literacy:

      Total — 97.5%
      Male — 97.4%
      Female — 97.7%

    • Real GDP:

      2017 — $381.6 billion
      2018 — $269.068 billion

    • Real GDP growth:

      2017 — -14%
      2018 — -19.67%

    • Real GDP per capita:

      2017 — $12,500
      2018 — $7,704

    Blask Index

    Shows the combined level of engagement and interest across all brands in the country. This metric serves as a barometer for the iGaming industry and integrates various indicators to provide an overall view of market trends and shifts.

    Top brands in the country

    Venezuela, top brands in the country according to Blask.com (out of 134 found)
    *BAP (Brand's Accumulated Power) reflects the brand's share of consumer interest in the online gambling market. Relative presence of the brand in the country. Next, the BAP chart:

    • The data for this section was provided by the analytical service Blask.com. Currently, the service's database contains information on 62 countries and more than 2,500 brands. You can view all available countries with Blask statistics at this link.