Switzerland: Casino, online licensing-casino games (poker, roulette, blackjack)

Switzerland: Casino, online licensing-casino games (poker, roulette, blackjack)

Geneva

June 14, 2019

Swiss Federal Council (Cabinet):

On June 7, we expanded the casino casino business (range of licenses) to four casino operators (Baden, Davos, Lucerne, Pfafficon).

Licensed Casino Games: Poker, Roulette, Blackjack

Business authorization of casino games (poker, roulette, blackjack) by Swiss game operators.

Measures taken based on the gambling law of January 2019 (a part of the article is scheduled to take effect on July 1).

Available online after approval by the Federal Game Business Supervisory Commission (CFJM).

Background of Casino Regulation Revision:

The Swiss referendum on March 11, 2012 passed a constitutional amendment over the regulation of gambling as a public service.

However, ensuring fairness has become an issue, such as measures against gambling poisoning, the necessity of taxing gambling services, and the prevention of fraud.

Switzerland: Casino industry

Criticism of gambling addiction, and competition with online casinos offered by foreign operators, tend to decline.

“Tribune de Geneva”:

Sales of Meilan Casino, the only casino in Geneva, decreased by 0.5% from the previous year in 2018.

The casino (the largest in Europe and adjacent to the southern part of Switzerland) established in the province of Como in 2007 went bankrupt in July 2018.

It is pointed out that it has been closed due to poor business management and is still in the process of being restructured.

-JETRO

https://www.jetro.go.jp/biznews/2019/06/a688279e38869332.html