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The newly passed gambling legislation in Switzerland, the Swiss Gaming Act, will come into force in the country on 1 January 2019. The law will regulate the licensed online gambling space and ban foreign operators altogether.
The new law legalises licensed iGaming companies.
The gaming act’s enforcement was confirmed by Switzerland’s Federal Council, which confirmed its implementation starting next January. It also explained it will consider licence applications during the first six months of 2019, in compliance with the new legislation, and the first ones are set to be issued before July 1, when the foreigner’s ban comes into effect as well.
Licensed operators can provide poker and roulette games to the customers, but need to stick with stringent constraints about the stakes.
The “concrete measures” of the new legislation were aimed to protect problem gamblers.
Source: Latest News on European Gaming Media Network
