Icelandair Wants to Open Casino in Iceland Skip to content

Icelandair Wants to Open Casino in Iceland

Icelandair has submitted a request to the Ministries of Justice and Industry that operating casinos be legalized in Iceland. The company is interested in opening a casino at the Hilton Hotel Nordica on Sudurlandsbraut in Reykjavík.

The Hilton Hotel Nordica. Photo by Páll Stefánsson.

The proposal is based on a Danish model, where the operation of casinos is subject to special licenses and their profits are highly taxed. The idea is for almost 60 percent of the profits to go to the state, Fréttabladid reports.

CEO of Icelandair Björgólfur Jóhannesson said it could strengthen the Icelandic tourist industry if a casino was operated here and it would also deliver significant revenue to the state through taxation. The casino would be strictly supervised.

The proposal was also sent to the Directorate of Health, the police, the SÁÁ National Center of Addiction Medicine and the Icelandic Travel Industry Association (SAF). They have until February 12 to submit their comments.

The idea originally came from the brothers and businessmen Arnar and Bjarki Gunnlaugsson and they and Icelandair have contemplated it for five years.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article