Swiss iGaming law may require referendum approval

12 Oct 2017

switzerland igamingSwitzerland is edging closer to legalized gambling after the latest iGaming law proposals were approved by the parliament. The new legislation piece covers both online and land based gaming for fixed odds betting, casino games & various other gambling products. According to the existing law, every form of gambling is theoretically prohibited, however, similar to other grey market countries, no serious attempts were ever made to crack down on illegal gaming sites. The latest changes suggest that although iGaming will be perfectly legal in Switzerland, operators will have to offer their products through a Swiss domain and retain a physical presence inside the country.

Furthermore, internet service providers have been asked to lay the foundations for blocking unlicensed operators, while special tax levies have been drafted with different rates applying on the various gaming products. Although these changes are projected to offer more protection to the average player, they have been met with increased criticism by a portion of Switzerland's gamblers, as well as various liberal political parties. They in turn have asked for a referendum to be held, that will pose the serious question: Should the government be allowed to limit access to online gambling sites? The target for a referendum trigger is set at 50.000 online votes and could see Switzerland resist the trend of state regulated online gaming.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

BetConstruct opened its platform to third-party bookmakers after agreeing to integrate the iFrame solution from Pinnacle. BetConstruct will supply the...

Read more »

UK online gambling operators’ claims of a growing black market are being denied by the UKGC ahead of the government’s review of the country’s ga...

Read more »

Kaizen Gaming has signed a deal with the website optimisation company LeanConvert to enhance its on-site player conversion and UX disciplines across i...

Read more »

Betfair introduced its sports betting exchange to the Italian market aiming at expanding its betting offering in the country. However, the Italian gov...

Read more »

Entain has made an offer to acquire the Baltic operator Enlabs putting on the table $341.6m. This offer means that Εntain (formerly known as GVC Holdi...

Read more »

The Malta Gaming Authority (MGA) is willing to appoint a new chief executive. In its job post, MGA stated that it’s looking for a “dynamic, passionate...

Read more »

William Hill has announced the acquisition of Alfabet S.A.S., a Colombian gambling operator. The globally known betting company William Hill stated th...

Read more »

Russia’s online bookies have received a postponement from the proposed regulatory changes; hoping that the government will change its mind regarding t...

Read more »

The ATP Tour has lifted the two-year ban on men’s tennis tournaments signing deals with sports betting operators. The ATP Tour reached the decision to...

Read more »

The Spanish minister of Consumer Affairs, Alberto Garzón, is about to start a public consultation on a new draft Royal Decree designed to make the cou...

Read more »

Latest Betting Offers