Online gambling is a popular and Sports Betting lucrative activity that attracts millions of players worldwide. However, not all countries have the same legal framework for regulating and licensing online gambling operators. In this essay, we will explore the current situation of online gambling in Switzerland, one of the most developed and prosperous countries in Europe. We will examine the history, the legislation, the benefits and Sports Betting the challenges of online gambling in Switzerland, and answer the question: is online gambling legal in Switzerland?
History of online gambling in Switzerland
Switzerland has a long tradition of gambling, dating back to the 19th century when the first casinos were established. However, until 1993, gambling was prohibited by the Swiss Federal Constitution. In 1993, a referendum was held to amend the constitution and allow limited-stakes casino games. In 2000, another referendum was held to legalize unlimited-stakes casino games and Sports Betting create two types of licenses: A for large casinos and B for small casinos.
The Swiss Federal Gaming Board (SFGB) was established as the regulatory authority for casino gambling.