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Thread: Swiss to regulate Online Gambling?

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  1. #1
    Owner vixen777's Avatar
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    Swiss to regulate Online Gambling?

    Switzerland is laying the groundwork to begin regulating online gambling after a draft of a new gaming bill was introduced by the Swiss Federal Government last week.
    The objective of the bill is to allow the country’s brick-and-mortar casinos to expand their gaming options, allowing them to offer online gambling to its citizens.

    Various reports indicate that the Swiss Casino Federation is looking at ways on how to take advantage of the growing clout of online gambling in the country where foreign
    gambling operators are making hand over fist from Swiss nationals. So basically, the Swiss government wants Swiss players to eschew these foreign operators by allowing the
    country’s casinos to offer online gambling within the country. Sounds like a neat plan, right?

    The new bill that’s been prepared to regulate online gambling seeks to address concerns brought up by the Casino Federation regarding the decline of business attributed to all the casinos in the country’s cantons.
    As part of the draft, which has been sent for consultation until August 20, 2014, the country is looking at making all gambling winnings exempt from any taxes while also allowing online poker tournaments
    to be held outside of the 19 casinos in the country.

    SOURCE-FULL STORY

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    Administrator dani3839's Avatar
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    Re: Swiss to regulate Online Gambling?

    the country is looking at making all gambling winnings exempt from any taxes
    wow!!

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    Junior Streaker
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    Re: Swiss to regulate Online Gambling?

    Quote Originally Posted by dani3839 View Post
    wow!!
    That's quite surprising and not bad at all. I just hope to get lucky and hit the jackpot ahaha

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    Owner CareyG's Avatar
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    Re: Swiss to regulate Online Gambling?


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    Re: Swiss to regulate Online Gambling?


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    Owner vixen777's Avatar
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    Re: Swiss to regulate Online Gambling?

    It would be very nice to not pay taxes on wins!

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    Owner CareyG's Avatar
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    Re: Swiss to regulate Online Gambling?

    Quote Originally Posted by vixen777 View Post
    It would be very nice to not pay taxes on wins!
    It sure would!!

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