Offering games of chance is a lucrative business model. Maybe, lottery companies and licensed casinos can only offer these games in Switzerland.
One law has regulated all money games since January 2019. It combines the previous Casino Act.
What changed with the new gaming and gambling law?
Games of chance such as roulette, blackjack and slot machines are still only allowed in casinos in Switzerland. It will become illegal if people offer these games of chance outside the licensed casinos. For instance, it is illegal if they allow the game blackjack or slot machines in a private club or bar. The law states that young adults who are not 18 years of age are not allowed in casinos or ufabet online casinos. Every casino must develop measures for player protection, which describe how the casino intends to prevent or remedy the socially harmful effects of the game.
According to the new gaming law, Swiss casinos are now also allowed to offer online casino games. There are currently the following legal offers in Switzerland: Baden, Lucerne, Pfäffikon, Davos, Interlaken and Bern. Meyrin and Lugano have now also received a concession. The online casinos are connected to terrestrial casinos, but you can play from anywhere in Switzerland. Offers from foreign providers are blocked for players in Switzerland by means of network blocks.
The two lottery companies Swisslos and Loterie Romande have already been able to sell games over the Internet. All other lottery and betting offer on the Internet are still illegal in Switzerland.
Recently, Swisslos and Loterie Romande have also been able to offer live betting. Live betting is highly addictive. The minimum age of 18 applies to all online lottery games, and a new minimum age of 16 applies to all ticket products at the kiosk. Profits of up to CHF 1 million are no longer taxed.
The two providers are now obliged, like the casinos, to develop and implement a social concept for player protection. Smaller lotteries can be approved by the cantonal approval authorities. Bets are allowed if they are not for commercial purposes, i.e. if the contributions are paid out in full again. For example, in a prediction game among work colleagues, they can allow this.