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A Swiss Welcome for Online Casinos

The online casino gambling industry in Switzerland was once only the stuff of dreams, but now the Swiss government has begun to make the moves necessary to open up the Swiss market for foreign internet gambling and betting. This is a huge step forward in the Western European gambling market; the European Commission has been avidly in negotiations with a dozen or so nations because of their unfair trade blocks on online casinos. With changes in the works the internet gambling policy in Switzerland could greatly increase the safety of gambling in the country. Namely, the previous blocks and bans were incredibly ineffective and the Swiss government was wise enough to recognize that there are better approaches to the internet gambling industry.

That means that regulation is coming to the online casino gambling industry – and on a individualized level. Instead of national regulations banning internet gambling, the government announced that the nation’s cantons will each have the right to regulate and operate internet gambling as they see fit. Foreign online casinos will now interact on a more personal level with the Swiss states and the government hopes that this more individualized level of regulation of the industry will provide more controls and safeties.

The pressure from the outside is really one of the key factors that forced the Swiss government to reconsider its ineffective online casino gambling policies. Like the US, the Swiss government just could not find a scaleable and effective way to block the internet gambling companies. So, unlike the US, the government identified the issues and sought an immediate solution – the full liberalization of the Swiss online gambling market. The new Swiss laws will specifically include measures aimed at controlling and protecting the nation’s internet casino market while still staying in line with practical policies that allow foreign competition.