A little over a year ago, Swiss voters overwhelmingly approved a law – by about a 3-to-1 margin – that banned online gambling operators from outside of the country, especially the ones related with poker services. That law is now in effect, with only the country’s casinos as the ones who are permitted to be licensed.
Even though 73 percent of those who voted in June 2018 were for keeping online gambling within the nation’s borders, those opposed to the initiative spoke loudly.
They criticized legislators for seemingly getting into bed with the casinos and spoke out against the possibility of the government blocking access to foreign gaming websites altogether. They did not want the Swiss casino industry to be protected from competition.
Supporters of the law accused its opponents of being funded by foreign operators. They also, as one might expect, wanted Swiss online gambling dollars to go to Swiss companies and, in turn, see the tax dollars stay in the country.
As it stands, the Swiss online gaming industry will be an oligopoly; just four of the country’s 21 casinos have been granted licenses.
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