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Legal Online Gambling In Switzerland in 2014
Sunday July 21,2013 : LEGAL ONLINE GAMBLING IN SWITZERLAND NEXT YEAR?
The Swiss have been quietly working on a fresh approach to internet gambling
Online gambling, hitherto illegal in Switzerland but in a ban rarely enforced, could be legalised as early as next year according to reports in Swiss media.
Although the Swiss economy has weathered the economic recession in Europe better than most, land casinos in the independent country are feeling the pinch as internet gambling flourishes and cross-border Italian punters stay at home due to the critical financial situation in Italy, reports The Business Standard.
Swiss land casinos suffered an 8 percent drop in revenue in 2012 to 757 million Swiss francs ($800 million), according to the Federation of Swiss Casinos, with not a single one able to maintain revenue at the previous year's level.
The situation, and a 2009 review of the Swiss gambling industry by the Federal Gaming Board, may be the motivation for government's decision to revisit the online gambling ban and instead adopt a regulatory and licensing approach.
The Gaming Board recommendations were that online gambling should be strictly regulated, supported by real and active enforcement.
Following a constitutional amendment passed in March 2011, Swiss Department of Justice officials are reportedly working with the various Swiss cantons (provinces) on a draft which is scheduled for consultation and review later this year, hopefully leading to the introduction of a liberalised online gambling market in Switzerland
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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