The gambling sector of Switzerland is still in the developing phase, and there is no doubt that it is growing at a good speed. However, things were not so gambling friendly in the past. Things started to develop after a new law was passed in the year 2000. So, let us take a look the current gambling laws that exist in this country.
In April of the year 2000, a gambling law was passed, and it became quite popular as the Federal Law on Games of Chance and Casino. After this law came into effect, it was the first time when unlimited gambling on casino and gambling was allowed. As per this gambling law, there are two different categories – game of chance (such as slot machines) and game of skill (such as poker). Under this gambling law, only certain areas are allowed for organizing game of chance.
Soon after the above mentioned law was passed, it also encompassed casino taxation. According to the new taxation law, larger casinos would be termed as Type A and dish out fewer taxes. On the other hand, small casinos were termed as Class B and would have to pay higher taxes.
In order to take part in gambling activities, the citizen of Switzerland must be minimum 20 years of age.
Internet gambling is considered as illegal in this country. However, there are no such harsh rules or examples of prosecution. Nevertheless, people in this country still take part in online gambling activities.
In the same way, sports betting activity is considered as illegal in Switzerland. But, people still participate through online sportsbook.
Betting is prohibited under the law “Federal Lotteries and Commercial Betting Act”. Nevertheless, individual areas can allow limited betting on any sporting event, but only within that region.
Games Allowed In Switzerland
It is true that online betting and gambling is banned in this country. But, you can definitely play most of the games in the land based casinos. Some of them are:
- Slots games
- Video poker
- Stud poker
- American roulette
- Horse racing
When it comes to charge tax on the total revenue earned by casinos, Switzerland is definitely among the countries that charge massive tax. At present, the tax rate is around 52 percent of the gross revenue, which is definitely massive.
Best Gambling Sites
Even though you cannot find any local poker site in the country to play, but there are plenty of choices available. Below are the available options:
- Party Poker
- Poker Stars
- Winner Poker
- All Slots Casino