Online Betting Sports On Its Way To Legalization In Switzerland
By Ciara Trenton
Legal Casino News
Add Switzerland to the growing list of countries that are preparing to legalize and regulate online gambling. The country is readying to use the model from the UK to regulate the industry.
Online gambling in the UK is thriving because of laws that allow gaming operators to legally bring their product to the public. Some of the biggest online gambling companies in the world are located in the UK, and now Switzerland wants in on the action.
The online gaming industry is growing rapidly around the world, and Switzerland wants to be proactive in their approach to protecting their citizens. It is a stark contrast to the US government, which has been reactive to the online gaming boom.
In the US, the Unlawful Internet Gambling Enforcement Act is stopping some of the largest and safest online operators to steer clear of the market. That has left US online players having to play at less reputable online sites that still accept their business.
Representative Barney Frank has vowed to introduce legislation that would overturn the UIGEA. The legislation is due soon, but with other pressing needs being attended to, the legislation may have to wait.
Interactive television and gambling over the telephone would still be illegal in Switzerland under the proposed plan. Internet sports’ gambling is currently legal in Switzerland, so adding the casinos and the poker gambling would not be too difficult.
Online Betting Sports On Its Way To Legalization In Switzerland
Monday, April 27, 2009
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