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Swiss Considering Legal Online Gambling

Thursday October 22,2015 :  SWISS GOVERNMENT CONSIDERS LEGAL ONLINE GAMBLING
 
New ideas as government reviews outdated gambling legislation.
 
Swiss gambling laws - some dating back to 1923 - are to be reviewed in an exercise which could see the government moving from an illegal-but-tolerant position on internet gambling to a licence-and-regulate stance.
 
The review by the Federal Council follows a public consultation on the issue in 2012.
 
The publication Ubersetzer reports that new regulations will include roulette, blackjack and other gambling via the Internet, along with small poker tournaments outside of casinos.  These proposals of the Federal Council notes after the consultation.
 
Announcing the review Wednesday, the Council said regulation will better protect consumers and enable existing licensed casinos to apply to offer real-money Internet gambling services to appropriately aged gambliers.
 
Consumer protection will be beefed up, with the cantons obliged to take measures against problem gambling provide treatment for people with gambling issues.
 
The changes the Council has in mind will please lottery winners, who will no longer be required to pay tax on winnings.
 
As with most new regulatory regimes, the Swiss changes will come with more modern laws that have punitive measures against unlicensed operators, including possibly ISP blocking to lock out illegal operators outside the country.
 
Strict anti-money laundering regulations are envisaged
 
The idea of a consultative commission to combat addictive gambling, proposed by opposition parties, was not taken up.
 
A timeframe has yet to be set for the development and implementation of the new laws, which observers said could take some time.

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Gambling News :

Leap Gaming Partners With Pala Interactive - Israeli-based developer Leap Gaming has clinched its second deal in a week, this with Pala Interactive for the integration of its virtual sports turnkey product to Pala’s white-label social gaming platform.

Sportech Racing Partners With Macau Jockey Club - Sportech Racing and Digital has partnered Macau Jockey Club (MJC) for the provision of a white-label digital pari-mutuel betting platform and other retail solutions.

Bla Bla Bla Studios - Under the terms of the deal Bla Bla Bla Studios will develop and distribute exclusive gaming content for integration into the Quickfire platform.

Betser Powered By SBTech - #Betser is inspired by fantasy football, private betting leagues and social betting. The offer includes a twin-track loyalty scheme devised by Malta-based Hero Gaming, who operate Casino Heroes.

EveryMatrix has appointed Glen Bullen as Sales Manager - Bullen assumes responsibility for the entire casino sales operation, particularly focusing on growing distribution of the newly-updated and expanded CasinoEngine platform into Tier One operators.

Freemasons Fortune Slot Launches - Booming Games has launched Freemasons Fortune, a new 3-reel, nine-payline game inspired by the enigmatic Freemasons fraternal order.

Hollywood Classic Slots launches - Penn Interactive has launched Hollywood Classic Slots, a social casino game developed in collaboration with its recently acquired social gaming company Rocket Games.

Pagcor relents on 20 venues - In an announcement to the local stock exchange Monday, the company revealed that 20 of its 36 e-bingo revocations have been lifted, enabling operations to continue.

Kama Games Selects Unity - #Unity The Ireland-based Kama Games mobile social games developer has announced its commitment to using the Unity games creation platform, having completed the conversion of the last of its titles from iOS and Android native apps to Unity 5.

Novomatic Slot Competition - #Novomatic The Americas division of online and land gambling games and equipment supplier Novomatic is briefing delegates to the G2E show in Las Vegas on its new slot concept, which gives players an opportunity to win prizes on national television.

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