THE PULSE OF THE CASINO INDUSTRY

Swiss voters opt for tight igaming regulation

Copyright: chaoss / 123RF Stock Photo

Voters in yesterday’s referendum in Switzerland have backed new gaming legislation that blocks foreign betting sites from serving players in the country.

The Gambling Act was backed overwhelmingly, with 73 per cent of voters opting for the strict reforms, which will come into force in 2019.

The new regime permits only Swiss-certified casinos and gaming firms to operate. While supporters claim the legislation will tackle gambling addiction, opponents say it amounts to censorship of the internet.

Justice minister Simonetta Sommaruga, quoted by the BBC, said the law would be “indispensable” in the fight against addiction. She also said it would allow the government to fund anti-gambling measures through taxation.

Government figures state that Swiss gamblers currently spend the equivalent of €215m on unregulated foreign betting sites.

 

Stewart Darkin

Stewart Darkin

Stewart has been in gaming journalism since 2012, working across online and land-based betting and gaming sectors, in both print and digital media. Following five years as editor of iNTERGAMINGi magazine, Stewart joined SBC in January 2018 to oversee the growth and development of the CasinoBeats brand. He has a wife, two kids, two dogs and two degrees, and – as a Spurs fan – continues to believe that the good times are just around the corner.

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