Skip to main content

Swiss Voters Approve of Online Casinos

Recently updated on June 11th, 2018

A majority of voters in Switzerland (72.9%) voted to instate a new Gambling Act in the country which will legalise online casinos. However, the new laws have a double-edge. This act will only allow ‘Swiss-certified casinos’ to operate there. What’s more, this law will force internet service providers (ISPs) to block foreign gambling sites.

According to the BBC, the support of voters was ‘well above rates suggested by early polling’ on Sunday. Of course, there are still a lot of concerns about the new Money Gaming Act. Firstly, there is the issue of blocking websites. Secondly, only land-based casinos in the country will be able to offer gambling services.

These measures could prove to be problematic because it would impact net neutrality in a country that is famous for being neutral. On the other hand, this would serve to help addicts stay away from online gambling options. This is the motivating factor for keeping casinos local.

Voters in Switzerland Approve Online Gambling – NZ Legal News

Critics on ISP Bans

While the new law sounds promising, many critics claim that there are still ways to work around ISP bans. This can be done through virtual private networks (VPNs). However, lawmakers claim that they are aware of this, but feel that the technical limitations haven’t stopped other countries from moving gamblers to legal sites.

Unfortunately, it doesn’t end there for the Swiss government. They have been criticised for capping taxable winnings to one million francs, thereby reducing revenues.

Voters Reject Financial Law & Olympics Bid

Voters also had to decide whether or not to limit issuing new currency to Switzerland’s central bank. In this case, Swiss citizens ‘overwhelmingly rejected’ the bill. According to reports, those opposing the ‘Sovereign Money Initiative’ felt that it was too radical. This is because Swiss banks manage trillions of dollars in wealth.

Voters in a local referendum also decided against paying for the town of Sion to host the 2026 Winter Olympic Games for the fifth time. At least 54% of residents turned down the proposal on Sunday.



Related Posts

Tauranga City Council Introduces ‘Sinking Lid’ Policy

Tauranga City Council Won’t Approve Any New Pokies

Recently updated on February 21st, 2019On 14 March, Tauranga City Council will adopt a new policy for poker machines. According to reports, the ‘sinking lid’ policy will stop any new gaming venues from opening in Tauranga. More so, new pokie machines will not be approved. These measures are expected to help residential areas affected by […]

Parimatch goes Lives with Pragmatic Plays casino offering

Recently updated on July 20th, 2019Pragmatic Play is one of the fastest-growing casino game providers in the iGaming industry. The gaming providers offer a wide range of casino products, including live casinos. Pragmatic Play has signed a deal with Parimatch, the international online betting company to integrate their live casino offering.  Parimatch is known for […]

Singapore Casino Regulator Cites Loot Boxes as Gambling Risk

singapore-casino regulator investigates loot boxes

Recently updated on August 27th, 2019Loot boxes in video games are in the news again and casino regulators in Singapore are investigating the ‘novel’ gambling products. They have mentioned the obvious appeal to a young demographic as the motivation to mitigate the possible risk involved in playing those games. Officially known as the Singapore’ Casino […]

Gambling Venue Manager Charged by DIA

Gambling Venue Manager Charged by NZDIA

Recently updated on March 31st, 2019The New Zealand Department of Internal Affairs (NZDIA) has taken action against a gambling venue manager. An NZDIA spokesperson has confirmed that the accused was employed at a gambling venue and not a casino. Under the 2003 Gambling Act, the manager is facing a fine of NZ$5000 and a criminal […]