Switzerland seeks to strengthen betting legislation

Switzerland is under increasing pressure from the European Commission and the betting industry to end its long-established policy of monopolizing betting, Switzerland is being pressured to open its market to competition from private sector operators .

At a Crossroads

The crossroads of Switzerland in relation to betting and online betting in particular, is that it is currently happening that these issues are currently being discussed and legislated. The government has expressed concern that Swedish players are fleeing to unregulated websites, and are maintaining small levels of problematic bets.

In an almost chronic way, the stakes are still to be demonstrated epidemic levels, but according to several studies, about 2% of the population of Switzerland developed addiction habits.

SvenskaSpel, the only poker operator licensed under Switzerland’s current system, “the growing and spreading” illegal bets have become more attractive, not only because of their higher value prizes, but also because there is more choice of product.

As a result of this worrying trend, the government has asked the Gaming Board in Switzerland to propose ways to minimize the risk of online gambling addiction. This is despite reports suggesting that Switzerland’s betting market is falling.

Almost 90 percent of the population bet in some way between 1997 and 1998, but only 70 percent placed bets in the years 2008 and 2009.

Future Trends

Switzerland has introduced purposeful regulations that will require game operators to submit a game impact assessment report, reports that will have to be sent to regulatory bodies before any games are released.

These new regulations that have been proposed, have been submitted to the European Commission, apply to remote and electronic lotteries and are subject to a period of total service suspension that will end on June 24, 2013.

The Swiss government announced plans to release new betting legislation later in the year.