{"id":32060,"date":"2015-10-23T18:08:55","date_gmt":"2015-10-24T01:08:55","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=32060"},"modified":"2015-10-23T18:12:15","modified_gmt":"2015-10-24T01:12:15","slug":"switzerland-prepares-to-legalize-online-gambling","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/","title":{"rendered":"Switzerland Prepares to Legalize Online Gambling"},"content":{"rendered":"
\"Switzerland
Switzerland will lift its ban on online gambling, permitting its 21 land-based casinos to offer games to its customers. (Image: thestamfordgroup.com)<\/figcaption><\/figure>\n

A Swiss bill to legalize and regulate online gaming was submitted to the country\u2019s parliament this week.<\/p>\n

The legislation proposed by the federal government would permit Switzerland\u2019s 21 land-based casinos to offer online gambling, while at the same time legalizing private poker games for \u201clow stakes.\u201d<\/p>\n

All online gambling is currently illegal in Switzerland<\/a>, although the prohibition is impossible to enforce, and an unquantifiable amount of Swiss francs are flowing to the offshore market rather into government coffers.<\/p>\n

Early this year the government, which has been mulling the idea of reform for some time, reprimanded a number of sites, including bwin.party, for using Swiss imagery in an attempt to market their services to Swiss customers.<\/p>\n

Casino\u2019s Struggling<\/b><\/h2>\n

The reforms are designed to alleviate the pressure on the country\u2019s casinos, which have experienced a 30 percent drop in revenues since 2007.<\/p>\n

The Swiss Federation of Casinos (CDCM, which welcomed the bill, estimates that around 300 million francs ($307 million) are lost to illegal gambling dens in Switzerland, foreign casinos situated close to the Swiss border. and the illegal online gambling companies each year.<\/p>\n

\n

“We support the idea of expanding the current license,” said CDCM in an official statement. “Online is not a new market: it\u2019s just a new platform for distributing an offer that\u2019s already available. It targets the same clients and it meets the same needs of the traditional games.”<\/strong><\/p>\n<\/blockquote>\n

“We believe that current brick-and-mortar licensees casino games should not be ‘punished’ for the fact that they have respected the rules that currently forbid them to run operations online.” It added<\/p>\n

Closed Market<\/b><\/h2>\n

It is not yet known whether Swiss operators would be able to partner with existing international online casino operators, as per New Jersey<\/a>.<\/p>\n

However, CDCM praised the decision not to open up the market freely to foreign companies.<\/p>\n

“The arrival of new operators that specialize in the online sector would lead to a competition that would be problematic from a political, social and possibly even economic point of view,\u201d it claimed.<\/p>\n

The bill would also scrap the all taxes on gambling winnings, which are currently levied only on winnings from lotteries and bookmakers, with casino winnings exempt.<\/p>\n

Revenue gained from the tax on Swiss gamblers is currently around 120 million francs per year, although its removal is likely to increase public participation, growing business gambling operators, permitting a tax increase on their revenue more palatable. \u00a0 \u00a0<\/span><\/p>\n

Currently all casino tax goes directly into Switzerland\u2019s welfare system, while tax on lotteries and sports betting goes to fund public projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Swiss bill to legalize and regulate online gaming was submitted to the country\u2019s parliament this week. The legislation proposed by the federal government would permit Switzerland\u2019s 21 land-based casinos to offer online gambling, while at the same time legalizing private poker games for \u201clow stakes.\u201d All online gambling is currently illegal in Switzerland, although […]<\/p>\n","protected":false},"author":42,"featured_media":32061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13],"tags":[],"acf":[],"yoast_head":"\nSwitzerland Prepares to Legalize Online Gambling<\/title>\n<meta name=\"description\" content=\"Switzerland to regulate online gambling, although market will remain closed to independent foreign operators.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Switzerland Prepares to Legalize Online Gambling\" \/>\n<meta property=\"og:description\" content=\"Switzerland to regulate online gambling, although market will remain closed to independent foreign operators.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-24T01:08:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-10-24T01:12:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/10\/Unknown1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/\",\"url\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/\",\"name\":\"Switzerland Prepares to Legalize Online Gambling\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/10\/Unknown1.jpeg\",\"datePublished\":\"2015-10-24T01:08:55+00:00\",\"dateModified\":\"2015-10-24T01:12:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Switzerland to regulate online gambling, although market will remain closed to independent foreign operators.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/switzerland-prepares-to-legalize-online-gambling\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/10\/Unknown1.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/10\/Unknown1.jpeg\",\"width\":275,\"height\":183,\"caption\":\"Switzerland will lift its ban on online gambling, permitting its 21 land-based casinos to offer games to its customers. 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