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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New ideas as government reviews outdated gambling legislation.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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New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

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NHL Odds: Pacific Division Foes Face Off in Edmonton - The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.

Bingo Cataratas Offers Unique Spin on Classic bingo - Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.

NBA Odds: Hawks-Pacers in Regular-Season Finale - Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.

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