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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
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Gambling News :
Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
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