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Following the official vote on June 10, 2018, and the results, which turned out to be in favour of the “Money Gaming Act”, the Swiss Government has decided to implement the new changes from the beginning of 2019. According to the new act, all local land-based casinos will have the chance to offer online versions of poker, roulette and blackjack. All approved casinos will receive a license from Switzerland’s Federal Council and will be required to pay a certain tax. The profits made from the gambling industry’s taxation will be used as a contribution to the old age pension fund. The Swiss Government has also decided to lower the risk of developing a gambling addiction by setting a reasonable maximum betting limit. For poker games, for example, the maximum bet will be CF 20,000, which is close to £154. We remind you that Switzerland’s new gambling law has been in a development stage since 2015 when the lawmakers officially submitted the bill to the Swiss Parliament. The gambling law in Switzerland has gone through a variety of changes throughout the years. In 1993 the country revoked the constitutional ban on gambling and in 2000, the Swiss land-based casinos were granted the permit to have unlimited betting limits.
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