Online Casinos Ecuador

New Online Casinos in Ecuador

There are hundreds of online casinos accepting players from Ecuador. So, you’ll never run out of options, considering new casinos pop out consistently.
Gambling at a new online casino in Ecuador is fun. Everything is just fresh at these casinos. You can expect unique features not available on old sites.

That said, here are the brand-new online casinos accepting Ecuador players:

Gates of Olympus

There’s a good reason the Gates of Olympus is still relevant among Ecuadorians. Despite debuting in 2021, the slot’s popularity in Ecuador is still on the rise.

A major reason for the success of the Gates of Olympus is its outstanding scatter pays engine. Let’s be honest here: don’t you love getting paid without similar game symbols landing on adjacent reels?

Not familiar with scatter pays? No worries. Try out the demo version of the Gates of Olympus to experience the fun.

Without forgetting, the Gates of Olympus comes with multipliers of 2x up to 500x. Now if that’s not an extra layer of excitement, what is?

Gates of Olympus Free Play.

Fat Panda

The title alone says it all. You’ve probably guessed the game’s theme. That’s right – it’s a China-themed slot machine.

This 2023-released slot game comes with high volatility. That means you’re likely to cash out huge wins, although not as often. You can also be sure of high winnings thanks to the game’s high RTP.

Fat Panda comes with several features to help you scoop big winnings. You’ll come across multipliers of 2 to 10x. Furthermore, there are wild and scatter symbols in the game.

Speaking of scatters, when you land 3 of them, you’ll get 10 free spins. Four scatter symbols give you 12 free spins and 5 scatters give 15 free spins.

Fat Panda Free Play.

Blackjack

Online Blackjack is arguably one of the most popular games in the world. So, it’s unsurprising that most players from Ecuador have fallen in love with this game.

There are several blackjack variants available at Ecuador’s online casinos. However, the game strategy remains the same across all variants.

Poker

There are high chances you know poker. Even if you’ve never played it, you’ve probably heard of it or seen people play it. This game is so common and is among the most featured games in movies.

The best online casinos feature several poker variants. They include Texas Hold ‘em, five-card draw, and five-card studs.

Baccarat

Did you know baccarat is among the oldest casino board games? It actually is, with its roots tracing back to the 1400s in Italy. The original name for this game was “baccarat”, meaning zero, because face cards and tens had zero value.

This game has only 3 options: Banker, Tie, and Player. You only have one objective when playing this game. That is, to get a hand that’s closer to 9.

Ecuador Sports Betting Sites

Like most countries, football is a chart-topping sport in Ecuador. Well-known teams, including Emelec and Barcelona, are from Ecuador.

Tennis is also highly popular in the country. Without forgetting, basketball and volleyball are also on the list of popular sports in Ecuador.

When it comes to betting, Ecuadorians love betting on the popular sports mentioned. While some gamblers bet on local sports, most of them prefer going international.

Fortunately, the best sports betting sites in Ecuador feature all the popular sports. They come with high odds, huge bonuses, and special features to guarantee an extraordinary gaming experience.

That said, here are the top Ecuador sports betting sites you can consider:

PayPal

You must have heard a thing or two about PayPal. It’s among the most popular electronic wallets in the world. Additionally, PayPal is among the oldest e-wallets, having debuted in 1998.

PayPal is available in over 200 countries spread across 5 continents. This includes the Americas, Africa, Asia, and Europe. Furthermore, it accepts 25+ different currencies, including the US Dollar.

When transacting with PayPal, you can chill, especially when it comes to speed. PayPal processes casino deposits instantly. Furthermore, withdrawing your winnings via PayPal takes less than 24 hours.

Regarding safety, PayPal is among the most secure electronic wallets. If it were not, it wouldn’t have 325 million+ registered customers, don’t you think?

Mifinity

If you wish for a casino payment method with infinite possibilities, Mifinity merits your attention. This payment solution offers everything a top payment method can offer.

With Mifinity, you can expect lightning-fast casino deposits. Withdrawals are not as fast but take less than 24 hours. Still convenient, right?

There are 2 ways to use Mifinity. You can use the site’s web version or its mobile application. To get the application, head to Google Play or App Store.

So how secure is Mifinity? Well, the payment method holds an operating license from the Financial Conduct Authority. This means you can trust Mifinity in the issuance of electronic money services.

Gambling Regulator in Ecuador

There’s no specific authority that regulates gambling in Ecuador. The reason for this is fairly simple – gambling is not exactly legal in the country.

Since there’s no gambling regulator in Ecuador, there are no gambling laws, either. The only law regarding gambling is the one that illegalizes gambling. It’s called Reglamento de Juegos de

Azar practicados en Casinos y Salas de Juego. (Regulation of Games of Chance practiced in Casinos and Game Rooms)

Additionally, Ecuador doesn’t issue gambling licenses to online or land-based casino operators. Again, that’s because the country outlawed gambling.

The country’s Internal Revenue Service is the only functioning body when it comes to gambling. Its main job is to collect taxes. Nothing more.

Gambling Taxes in Ecuador

When it comes to gambling taxes in Ecuador, things get a bit confusing. This is a topic where most gambling companies cross swords with the Ecuadorian government.

Here’s why: It’s abundantly clear that gambling in Ecuador is illegal (more on this later). However, the interesting bit is that gaming companies must still pay taxes.

It’s just confusing, ironic, and disappointing (on the part of operators), at the same time. Why should gaming operators pay taxes if they’re not allowed to operate in Ecuador?

Here’s a thing: The Internal Revenue Service of Ecuador (SRI) subjected 8 betting sites to VAT. Interesting indeed, but that’s not all.

History of Gambling in Ecuador

Undeniably, the gambling market in Ecuador was thriving when gambling was legal in the country. This was evident with the mushrooming of land-based casinos in Ecuador.

Just when everything seemed to be calm, Rafael Correa became president. From a clear blue sky, he came up with a proposal to scrap gambling in the country.

His proposal, which was in 2011, was more of a referendum. The big question to the public was whether or not they wanted the government to ban gambling entirely.

Now here’s where things get interesting: about 45% of Ecuadorians agreed to the banning of gambling. That means 55% did not agree.

Despite the “NO” side being the majority, it didn’t move the president. He still banned gambling in Ecuador, more particularly, casino gambling.

All casinos had up to 6 months from the time of the ban to pack and go home. There was no other option but to shut down. That’s because the gambling ban was official, more specifically, in Executive Decree No. 873.

According to the government, the 6-month grace period was reasonable. It allowed casinos to finalize their activities. Furthermore, it allowed employees from those casinos to look for new jobs.

Land-Based Gambling in Ecuador

Unlike online gambling, there’s a firm stand on land-based gambling in Ecuador. Simply put, land-based gambling in Ecuador is illegal. The government of Ecuador is not on the fence regarding this issue.

But things were not always like that until 2010. Ecuador had 25+ operational gambling facilities spread across the country.

Most physical casinos were in the city of Quito. Notable names include Chalet Swiss Hotel and Casino, which offered 40 slots. Others, such as Casino Colon and Hotel Hilton offered 90+ slot machines.

Another huge casino, Hotel Casino Plaza, based its operations in the Pichincha region. This casino offered 170+ slot machines and 25+ board games.

There was also Hotel Oro Verde located in Guayaquil. It had 10+ table games and 80+ slot machines and stayed open up to 5 AM. Notably, Hotel Oro Verde had branches in Machala and Manta.

Besides big hotels with casinos, some small restaurants operated illegal gambling. You had to be vigilant, especially when staking huge amounts in these casinos.

Most of the big casinos opened from 10 AM to 4 AM every day, by the way. Remember, land-based gambling was legal during that time until things changed…

Ecuador Gambling Addictions Help

It’s automatic that Ecuador doesn’t have centers for dealing with gambling addiction. This is understandable since gambling is illegal in Ecuador.

But as an Ecuadorian, you can still gamble at online sites, right? That means you’re likely to develop a gambling addiction. So where do you turn to for gambling addiction help?

Fortunately, there are a couple of international gambling addiction centers. Most of them offer free problem gambling help for free.

One of the top international organizations that offer gambling addiction help is Gambling Therapy. This organization offers multilingual help. You can choose Spanish from a list of 30+ different languages.

Besides that, several Facebook groups deal with gambling addiction. These groups usually comprise other gambling addicts you can interact with.

Final Verdict

It’s illegal to gamble in Ecuador. This was a decision that the president of Ecuador made in 2011 following a referendum. Although 55% of the population did not want the government to scrap gambling, it became a law.

Luckily for online casinos, the government didn’t touch online sites. Land-based casinos, however, had to pack and go home. By March 2012, there were no operational physical casinos in Ecuador.

Of course, shutting down land-based casinos in Ecuador had negative effects. Thousands of employees lost their jobs. Also, the government could no longer collect taxes from gambling.

Fast-forward to 2023, the government proposed online sites to pay taxes. So was it a calculated move not to illegalize online sites so they could pay taxes? Or is it something the government thought about in 2023?

Whichever the case, all gambling sites must pay a 15% tax according to the proposal. Additionally, there’s a 15% withholding tax for Ecuadorian gamblers playing at non-resident sites.

Speaking of non-resident sites, several offshore sites accept gamblers from Ecuador. The top ones include PlayAmo, Captain Spins, and Ivibet. As a player from Ecuador, you can also gamble at Hell Spin and National casinos.

The top Ecuador sites offer the best bonuses for new and existing gamblers. They also have excellent customer support teams and offer thousands of games.

Without forgetting, these sites offer the best payment methods. You can transact using Payz, Neteller, Mifinity, and PayPal, among others.

While gambling is illegal in Ecuador, it’s unclear whether or not the government may legalize it again. Only time will tell.

That said, whenever you play online, remember to gamble responsibly. If you have or suspect someone with a gambling addiction, don’t be afraid to reach out to international addiction help centers. They’re always willing to help.