The governing body, known as the Swiss Gambling Supervisory Body (GESPA), administers and oversees gambling licensure. While playing on internationally licensed offshore casinos isn't unlawful, the Swiss government strongly advises against it.
Switzerland imposes some of the highest tax obligations on gambling operators in Europe, with rates between 20% and 80% based on revenue. In contrast, player gains from registered casinos face no taxation. The Federal Act on Money Games The following timeline highlights critical developments in Swiss gambling legislation:
In 1921, any gambling activity was prohibited by law in Switzerland. Limited betting in casinos was permitted in 1993, paving the way for comprehensive reforms.
The year 2000 marked the full legislative approval of land-based casino gambling.
Online gambling became formally legalized for licensed platforms in 2019.
- Swiss courts reaffirmed a ban on international casinos in 2022.
- Exploring the Pros and Cons of Playing at Swiss Online Casinos
- Switzerland's tightly regulated casino sector offers legal assurance, thrilling gameplay, and steady payment options. Nonetheless, it’s vital to weigh the pros against potential disadvantages.
- Winnings from Swiss-licensed operators are typically exempt from taxes.
- Swiss players might encounter limitations when accessing global casino sites.