Betting Sites in Honduras

Honduras has the Caribbean Sea to its north and the Gulf of Fonseca in the Pacific Ocean to its south. It borders Nicaragua and El Salvador on the east and south as well as Guatemala on west. Honduras has a well organized but at the same time restricted gambling scene where sports betting and online betting sites in Honduras are the main activities. Through the knowledge of the existing laws, licensing conditions and tax obligations, Can easily go through the maze that is Honduran gambling.

Betting Sites in Honduras
Dafabet SportsUp To £130+ £5 Free BetsRead ReviewVisit Site
BetandyouUp To £120+ £30 Free BetsRead ReviewVisit Site
Megapar SportsUp To £100+ 15% Free BetsRead ReviewVisit Site
Betmaster SportsUp To £1000+ £10 Free BetsRead ReviewVisit Site
20Bet SportsUp To £150+ Recharge £150 Free BetsRead ReviewVisit Site

Regulatory Agencies and Gambling Legislation

The control of land-based gambling in Honduras is within the authority of the Honduran Institute of Tourism (Instituto Hondureño de Turismo – IHT). This institute issues licenses to the willing operators who want to provide entertainment products in brick-and-mortar places. Now, there is no separate body that supervises online gambling and the current law, CASINO LAW, GAMING OR CHANCE GAMES (Decree 488 of 1977), does not have any sections for the Internet sector.

Important laws and regulations

  • 1977: CASINO AND GAMBLING ACT – The Act was put in place to control the gambling activities within Honduras. This decree is the only legal document that regulates this sector and it can be found on the IHT’s official website together with different laws, amendments, and reforms.

Gambling Law and Regulation in Honduras – 5 Things to Know

Honduras has gambling facilities in Tegucigalpa.

The industry is capable of expanding and developing further.

The online gambling regulations that are now being looked at.

Land-based casinos are good for playing table games, slots and video poker.

The regulatory environment is in favor of tourism and economic development.

Licenses and Fees of Betting Sites in Honduras

Those who are interested in the gambling business in Honduras must contact IHT. The licensing and regulations are done by this institution only, and its website is in Spanish.

Licensing Types and Requirements

  • Brick-and-Mortar Casinos: The IHT is the body that grants operators a license to open land-based casinos.
  • Lottery Operations: Controlled by Loterías Electronicas de Honduras S. A. , with PANI as the regulator of lottery retailer licenses issuance.

Gambling Taxes

The tax structure for gambling establishments in Honduras is as follows:

  • Tax Rate: 20% on gross income without the payouts.
  • Annual Fees: Casinos, betting and gambling establishments are taxed at the rate of HNL 300,000 to HNL 700,000 or at a rate of 20% on gross incomes minus paid prizes whichever is higher.

Prohibited and Permitted Bets of Betting Sites in Honduras

Permitted Gambling Activities

  • Land-Based Casinos: Having table games, slot machines and video poker as the main features.
  • Poker: Controlled and can be played in the licensed betting facilities.
  • Sports Betting: Legal and available at a large number of bookmakers’ stands and shops from 1977.
  • Lottery: The different kinds such as the Super Premio, La Diaria and Pega 3 are all under the control of Loterías Electronicas de Honduras S. A.

Prohibited Gambling Activities

  • Online Gambling: Now, it is not part of the legal system and therefore remains unregulated.
  • Standalone Poker Clubs/Rooms: Not allowed outside qualified facilities.
  • Other Products: Loot boxes, skin gambling, fantasy sports betting and social gambling are not controlled in Honduras.

Gambling law legislative timetable

  • 1977: Implementation of CASINO LAW, GAMING OR CHANCE GAMES – Legalization of land-based gambling to attract tourists and make money.
  • 1977: The legalization of sports betting within the bookmakers’ stands and shops.
  • 2023: The present gambling law review shows that there are no regulations for online gambling.

The precise definitions of gambling options.

Honduras has a lot of choices for those who are into gambling, mostly in the capital Tegucigalpa. The land-based casinos have a lot of gaming options which include table games, slots and video poker. The regulatory environment is meant to maintain the honesty and fairness of these activities at the same time helping in promoting tourism and economic development.

Conclusion

To sum up, Honduras has a specific gambling environment which is characterized by the regulated land-based options and sports betting. The lack of online gambling regulations points to the possible areas where the industry can be developed in the future. Rich people trying to find betting sites in Honduras or getting involved in the sports betting of Honduras will see a well-established legal system for land-based operations and promising chances for development and creativity.

FAQ of Best Betting Sites in Honduras

Related content

Betting Sites in North America

Betting Sites in Canada

Betting Sites in Canada

Canada has a clear and precise regulatory system that governs the gambling activities, making it sure that betting sites operate in compliance with the set ... Read More about Betting Sites in Canada
Betting Sites in Costa Rica

Betting Sites in Costa Rica

Costa Rica is a presidential republic in Latin America, bordered by Nicaragua to the north and Panama to the south, and has become a center ... Read More about Betting Sites in Costa Rica
Betting Sites in Nicaragua

Betting Sites in Nicaragua

Nicaragua which is situated in Central America is a presidential republic. It consists of 16 provinces and 2 autonomous regions with a total number of ... Read More about Betting Sites in Nicaragua
Betting Sites in Panama

Betting Sites in Panama

The Republic of Panama, the southernmost country of Central America has turned into a great center for gambling activities both online and land-based. The Costa ... Read More about Betting Sites in Panama
Betting Sites in Cuba

Betting Sites in Cuba

Cuba, a country that is an island located in the Northern Caribbean Sea and which has a very lively culture as well as some of ... Read More about Betting Sites in Cuba
Betting Sites in Grenada

Betting Sites in Grenada

Grenada, which is in the South of the Windward Islands and at the same time it is located in the Eastern Caribbean Sea, has undergone ... Read More about Betting Sites in Grenada
Betting Sites in Saint Lucia

Betting Sites in Saint Lucia

Saint Lucia, a wonderful island country in the Eastern Caribbean, is now becoming famous for its gambling industry. With a population of 184,000 and land ... Read More about Betting Sites in Saint Lucia
Betting Sites in Saint Kitts and Nevis

Betting Sites in Saint Kitts and Nevis

Saint Kitts and Nevis, a Caribbean island country, has the gambling industry well-organized which includes betting sites in Saint Kitts and Nevis as well as ... Read More about Betting Sites in Saint Kitts and Nevis
Betting Sites in Mexico

Betting Sites in Mexico

Situated in the south of North America and on the north-west corner of Latin America, Mexico is divided into 32 states which are among one ... Read More about Betting Sites in Mexico
Scroll to Top