Kazakhstan is an often-forgotten country. Hidden away in Central Asia, it borders China and Russia. The Republic of Kazakhstan has just 18.8 million citizens and one of the lowest population densities in the world. Unsurprisingly, its currency – the tenge – is hardly in demand when it comes to online betting. Indeed, many Kazakhs prefer to bet in rubles. Even so, if you know where to look, you can find KZT online casinos. For instance, you will find a top selection of the best Kazakhstani tenge casinos below.
Following the collapse of the Soviet Union in 1991, most newly formed countries rushed to launch their own currencies. However, until the first half of 1992, fifteen former Soviet states all used the ruble. The unsustainable solution saw each country develop their own currency, and the tenge was introduced. It was initially valued at a rate of 1 tenge for 500 rubles, and the currency was initially printed in the UK. Since its launch, the currency has been through two interactions, and the Kazakhstani government is one of the first to actively consider (to any serious degree) its own digital currency soon.
Despite the Russian language being removed from the currency, many Kazakhs may opt to wager with Russian rubles. There is a greater array of online casinos accepting them than tenge.
Kazakhstan has just a limited number of land-based casinos where gamblers can wager, with gambling strictly regulated. However, the laws are far greyer for online betting. For instance, while Kazakhstan hasn’t issued any degree legalised online betting, they do not actively punish their players for betting online and don’t operate an ISP blacklist of sites, either. This means that you can find more Kazakhstani tenge casinos than you might imagine, given its population. However, as mentioned, KZT casinos are sometimes less widely available than Russian ruble casinos.