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Best Crypto Casino in Serbia

Nov 7, 2024
8 mins read

Online casino games such as online slots, blackjack, poker, roulette, and more represent the favorite pastime for many Serbians, as the gambling industry seems to flourish in the country. Another trend that is gaining traction in Serbia is crypto trading and using popular assets for playing casino games. So, let’s walk you through the crypto gambling landscape in Serbia and what a top-class crypto-backed casino should look like.

Promotional image for crypto casino in Serbia featuring various cryptocurrency coins and symbols.

Key Factors for Playing at Crypto Casino Sites

Crypto gambling enjoys a fair share of popularity among Serbians, but before you dive straight into the gambling landscape, there are some key factors you need to pay attention to.

Factor Description
Legality of Online Gambling Online gambling has been legal in Serbia since 2011
Regulatory Body Serbian Games of Chance Administration
Taxes Players pay a tax on online casino winnings
Marketing Gambling laws instruct all commercials and marketing activities by casinos to include responsible gambling messages.
Law Games of Chance Law (updated, 2020 version)
Crypto legality Crypto trading and mining is legal in Serbia
Crypto Law Digital Property Law
Crypto payment methods for gambling Top crypto casinos in Serbia will allow you to make deposits and withdrawals with numerous crypto assets.
Language As part of their localized approach, Serbian casinos will have their websites in Serbian.

How to Deposit and Withdraw in Crypto Casinos

A person browsing through Cyrptorush from a laptop. Step 1

Buy Crypto From An Exchange

If you are based in Serbia, you have a variety of crypto exchanges to choose from. They will also store your crypto assets, so you can make direct transactions at crypto casinos.

A person checking Cyrptorush casino from a laptop. Step 2

Sign Up at Cryptorush

Cryptorush is available in Serbia, so you can get exclusive access to all its features by completing a short registration process. Fill out the registration form, verify your email, and you are all set.

A person writing their personal information on Cryptorush website while signing up Step 3

Deposit

A minimum deposit is required for you to activate your account and claim the welcome bonus. Select one of the crypto payment methods, and the funds will instantly arrive.

Various cyrpto coins on top of a mobile device. Step 4

Play & Win

Big wins are up for grabs, so when you eventually reach them, head to the Withdrawals section of your account. Enter your wallet address and expect the crypto winnings to arrive near-instantly!

It won’t be an understatement to say that cryptocurrencies have revolutionized the way punters perceive the online gambling industry. They provide you with fast, secure, and anonymous ways to play casino games, so let’s take a look at the most used ones among Cryptorush registered bettors.

Bitcoin

We cannot avoid at least mentioning Bitcoin casino sites when a discussion opens up on crypto gambling. BTC is the first crypto to hit the world, with its widespread acceptance and robust security features making it a popular choice among casino players. The transparency of the blockchain allows users to verify transactions, thus adding an extra layer of security and trust.

Ethereum

Ethereum casino operators stand out for their smart contracts functionality, which enhances the fairness of casino games at Cryptorush. These smart contracts completely automate several aspects of casino operators, so they guarantee a fair gambling experience for all registered players.

Tether

As a stablecoin, Tether has a stable value, which is ideal for punters who would like to stay away from the seemingly volatile nature of other crypto assets. You can deposit and withdraw at a USDT casino with confidence, knowing that the token’s value won’t fluctuate. This stability is also a welcome feature for players who seek to manage their funds effectively.

Tron

Similar to Ethereum, Tron is a blockchain that is created to host decentralized apps. It has a native token, TRX, which you can use to gamble online in Serbian crypto casinos. However, before playing at a TRX casino, note that you cannot purchase it in some crypto exchanges, and it is not a minable crypto asset like other cryptocurrencies.

Litecoin

At last, Litecoin casino sites offer faster transactions and lower fees compared to Bitcoin, which makes them more practical choices for savvy casino punters. The lower associated fees when gambling with Litecoin mean that you will get to direct more funds towards playing crypto casino games.

Online Gambling Regulations in Serbia

The lack of gambling legislation in Serbia crippled the industry for a very long time—up until 2011. That year, Serbia reformed its online gambling laws, and the new gambling law, which came into effect in 2012, required all operators to have servers in Serbia if they were to offer gambling services to residents of the country.

With this legislation, a new taxation regime also came into practice: 15% on the GGR of the casino, with the license being valid for 10 years. The goal of this legislation was to create a nice balance between attracting offshore top casinos and protecting domestic economic interests.

In 2020, the new Games of Chance Law was introduced, through which the following entities can offer online gambling services in the country:

  • Serbia’s State Lottery
  • Operators licensed by the Serbian Games of Chance Administration and the Ministry of Finance

Games of chance are regulated in the new Games of Chance Law, and the law makes a clear distinction between:

  1. Classic games of chance: Lottery, Tombola, Keno, Bingo, etc.
  2. Special games of chance: slots, table games, and live casino games.
  3. Prize games
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Official Serbian Regulatory Body

The Games of Chance Administration, which works under the umbrella of the Ministry of Finance in Serbia, is the regulatory body in charge of overseeing and controlling the entire online gambling industry in the country.

Regulator Name Games of Chance Administration
Established 2020
Jurisdiction Overseeing the industry and issuing online gambling licenses to applicants
Restrictions No restrictions on online casino licenses, even though the land-based sector is bound to a degree

Taxes on Winnings at Crypto Casinos

Before you dive into the crypto gambling world, note that, according to the current legislation, all players must pay a 20% tax on all casino winnings above €850. Cryptocurrencies themselves are subject to taxes as well; all traders who sell cryptocurrencies must pay a 15% tax.

Nevertheless, gambling at offshore crypto casinos that don’t hold a license from the Serbian Ministry of Finance means that you may be excluded from crypto casino winnings taxes. You won’t be breaking any laws, and yet you will enjoy a completely safe online gambling endeavor.

Future of Crypto Gambling in Serbia

Eastern Europe is not always synonymous with good gambling or crypto legislation regimes, but Serbia seems to be a step forward in that regard. It is one of the very few countries in the region that has made online gambling completely legal, and it seems like the mechanisms in place are more than efficient in overseeing the industry and protecting players from gambling-related harm.

Cryptocurrency trading is also legal, so Serbia has all the groundwork laid out for the crypto gambling industry to prosper.

All this leads us to a logical conclusion: the crypto gambling market in the country is flourishing, and it will surely continue to do so in the near to long-term future. More operators seek to enter the Serbian gambling market to answer the ever-growing demand for crypto casino games, and you can exclusively jump on the wagon by registering with Cryptorush now!

Gamble at the Best Crypto Casino in Serbia

Now that we have gone through all the necessary features and factors that drive the Serbian gambling scene, one thing is left for you to do: start your crypto-gambling adventure and enjoy its numerous perks.

You don’t need to search for the best crypto casino in Serbia, as the most respected operator is right in front of you. Cryptorush offers you the complete suite of crypto casino games from all top game providers, hefty bonuses to boost your bankroll and prolong your gameplay, as well as safe, anonymous, and low-fee transactions through dozens of cryptocurrencies.

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Jose Jose
Author
222 articles
Jose is your go-to guide in the vibrant world of crypto casinos. With a passion for all things crypto and a natural talent for spinning engaging stories, he’s been exploring the ins and outs of the industry for years. Jose's journey through the digital currency space isn't just about following trends; it's about sharing the thrill of crypto gambling with a wider audience. At Cryptorush, he’s the mastermind behind content that gets you closer to the action, offering tips, reviews, and insights on the latest in crypto casino games and payments. Whether you're a seasoned player or new to the scene, Jose’s articles are your ticket to a winning streak.