Croatia (oddly enough) remains one of the newest countries to appear, and so its currency really isn’t that old compared it its counterparts. However, the Croatian kuna has been one of the most stable currencies over the two decades. Today, it rarely fluctuates against the euro, making it a desirable currency not just for Croatians but those in neighbouring countries.
As gambling is legal in Croatia, you can expect to see plenty of HRK online casinos catering to players. However, there is a big difference between two Croatian kuna casinos and so-so ones. Below, you will find our recommendations and a casino list highlighted the very best of them.
The kuna replaced the Croatian dinar in 1994 after that currency (which was only introduced in 1991) didn’t take off. The easier to use kuna (offered at a rate of 1 kuna for 1,000 dinars) launched pegged to the Deutschmark. When the euro was brought into use, the kuna was pegged to the euro instead. To date, you can get 7.5 HRK for every euro. Like other countries, the EU wants Croatia to abandon its currency and join the euro, but that has not yet happened. For this reason, the Croatian kuna continues to be the number currency for Croatians to gamble with online.
Croatia first legalised online gambling activities in 2010. This was formalised in 2014 when a regulatory body ensured that gambling was safe, licensed, secure and protected. Operators must pay a fee of HRK 3,000,000 ($500,000) per year to maintain their license and must always have reserves of at least $500,000 to pay out winnings. Moreover, you must also operate a land-based casino in Croatia to obtain a license. This makes Croatia a fully legal but notoriously difficult online gambling market to get into from the outside.
Both betting site and players pay gambling taxes. Croatians must pay between 10% (under 10,000 HNK) up to 30% tax (over 500,000 HNK) depending on what they win. Good news comes in the form that Croatia doesn’t block foreign casinos, so these forms of Croatia kuna casinos are generally open for business.