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Swiss cantons Want Gambling Regulation

But only if licenses are restricted to existing land operators.
Swiss cantons represented by the Conference of the Cantonal Directors in Charge of Gambling and Lotteries (CDCM) have come out in support of regulated online gambling in the European nation, but only under certain conditions.
In a recent media statement, the CDCM advised that whilst there was agreement on the issue, a key condition must be that only Swiss land casino operators be eligible for a licence, effectively excluding international online operators from entering the market.
The CDCM statement asserts: "We support the idea of extending the current [land gambling] licence. The online environment is not a new market; it is only a new medium to distribute the offer already available, it addresses the same clients and it meets the same needs of the traditional games."
However, the statement adds: "The arrival of new operators specialised in the online sector would lead to a competition that would be problematic from a political, social and possibly even economic point of view. We believe that those who hold a licence to offer brick-and-mortar casino games should not be 'punished' for the fact that they have respected the rules that currently forbid them to run operations online."
The bottom line appears to be that online gambling is OK if kept within the Swiss national gambling family, but would be dangerously competitive if opened to international operators with more know-how and experience.
That's not necessarily the best solution from a player perspective; competition in the market generally results in better offers for the players.
The good news is that in the draft bill introduced earlier this year by the federal government there are no plans to tax the winnings of players. There are also provisions that will permit the operation of small poker tourneys and home-based games

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Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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