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Online Gambling in Switzerland is much stricter regulated nowadays
Switzerland has recently implemented stricter regulations on online gambling, rather than having fewer restrictions. In 2019, the Swiss parliament approved the Money Gaming Act, which created a legal framework for online gambling in the country. Under this law, only Swiss-based casinos and lotteries can operate online gambling sites, and foreign operators are not permitted to offer their services to Swiss players.
Furthermore, online gambling in Switzerland is subject to strict regulations, such as age verification requirements and limits on the amount of money that can be wagered. The Swiss government also requires online casinos to implement measures to prevent problem gambling, such as self-exclusion programs.
How are laws related to land-based casinos?
Switzerland has a well-developed regulatory framework for land-based casinos, and it is generally consistent with other European Union countries. The operation of casinos in Switzerland is governed by the Federal Act on Games of Chance and Casinos, which sets out the legal framework for gambling in the country.
Under Swiss law, casinos must be licensed by the Federal Gaming Board, and they are subject to a range of regulations related to game fairness, player protection, and anti-money laundering measures. Swiss casinos are also required to contribute to social causes, such as sports development and addiction prevention.
In comparison to other EU countries, Switzerland’s regulatory framework for physical casinos is relatively similar. However, the number of casinos in Switzerland is relatively low compared to other European countries, which may be due in part to the strict regulatory environment. So its clear you probably won’t visit Switzerland if you are into gambling. But what else is there?
We all know the cheese, chocoloate, alps and swiss watches, but did you know “Schwingen”?
This is a traditional Swiss wrestling style that involves two wrestlers wearing special pants called “hosen” trying to throw each other to the ground. Its actually crazy to watch: two huge adults wearning somthing that reminds you of baby pampers swinging around in circles. A must see!
