Gambling regulation
Gambling in the country:
Licensing
Local License:
CONAJOZ
Population growth:
Internet users:
Urbanization:
88,4%
Languages in the country:
Spanish - 98.2%.
Root - 1.3%
Portuguese - 0.1%
Age structure:
0-14 years - 25%
15-64 years old - 65.9%
65 years and older - 9.1%.
Middle age:
Total - 31
Men - 30.3
Women - 31.7
Literacy:
Total - 97.5%
Men - 97.4%
Women - 97.7%
Real GDP:
2017 - $381.6 billion.
2018 - $269.068 billion
Real GDP growth:
2017 - -14%
2018 - -19.67%
GDP per capita:
2017 - $12,500
2018 - $7,704
Top brands in the country
Data for May 2025. Numerical data - search volume for related keywords.
Слоты по доли рынка
Affiliates receiving traffic
More about gambling 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 laws.
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.
About blocking and liability
Medium
Legislation:
Ambiguous / requires verification
The activity of the authorities:
Medium
Risk of harassment of non-residents:
Low
The risk in entering the country:
Low
Risk of extradition to the country:
Low
Precedents (against non-residents):
No data
Comment on the level of risk:
Venezuela: Current assessment is preliminary - local inspection is recommended. Work can be done with caution unless there are explicit prohibitions. Risk of extradition to the country is low, requests are rare.
Blask.com data - index and top brands
Indicates the aggregate level of engagement and interest in all brands in a country. This indicator serves as a barometer for the iGaming industry and combines various indicators to give an overview of trends and changes in the market.
Top brands in the country according to the Blask.com service
| Triunfo Bet | 51.18% |
| Apuestas Royal | 19.44% |
| Facilito Bet | 9.14% |
| JuegaEnLinea | 4.54% |
| Cordialito | 3.48% |
*BAP (Brand's Accumulated Power) - accumulated brand power, reflects the brand's share of consumer interest in the online gambling market. The relative presence of a brand in a country. The BAP graph is presented below:
Data for the section is provided by the analytical service Blask.com.. At the moment, the service's database contains information on more than 80+ countries and more than 2500 brands.
Gambling in the country
Note that the population of the jurisdiction is almost 30 million, with about 70% citizens living in multidimensional poverty, which implies lack of access to education, health care, electricity and so on.
For this reason, gambling platforms serve more as a way for Venezuelans to improve their standard of living than as entertainment.
According to available data, about 40% of the state's population participated in some form of gambling between 2020 and 2021.
Gambling regulation
Gambling in the country:
Licensing
Local License:
CONAJOZ
About the population of the country
Official Language:
Spanish
Believers:
79 %
Second Religion:
Basic information about the country
Name of country:
Venezuela
Code (2-digit):
VE
Continent:
South America
Capital:
Caracas
Area of the country:
912.050 square kilometers.
Phone Code:
58
Currency (currency code):
Bolivar (VEB)
Geographical features of the country
Federal District: Caracas.
Staff (24): Amazonas, Ansoategui, Apure, Aragua, Barinas, Bolivar, Vargas, Guarico, Delta Amacuro, Carabobo, Caracas, Cojedes, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Sulia, Tachira, Trujillo, Falcón, Yaracuy.
The modern territory of the country was partially or completely occupied by the states: Spanish Empire, Great Columbia, New Granada.
Venezuela is washed by seas: Caribbean Sea.
Venezuela has access to lakes: Maracaibo, Valencia.
There are rivers running through the area: Orinoco, Rio Negro, Apure, Guaviare, Arauca, Caroni, Meta, Caura, Cuyuni, Casiquiare.
Venezuela owns the islands: Margarita, La Tortuga, La Blanquilla, Coche, Orcilla, Ancoca, Cubagua.
Mountains within the country: Bolivar, Humboldt, La Concha, Bonplan, Espejo, Piedras Blancas, El Toro, Mucunuque, El Aguila, El Llano, 31 di Marsu, Marahuaca, Roraima, Chimata Tepuy.
Famous caves in the country: Cueva del Guacharo.
Discussions on country characteristics
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