Gambling in Switzerland
The gambling industry in Switzerland is still emerging, because until 1993, all gambling in the country was prohibited, and had been since 1921. The ’93 legislation opened Switzerland up to limited-stakes casino gambling. Then, in April of 2000, unlimited stakes casino gambling was made legal for the first time in almost 80 years. The law also divided games into two categories: games of skill and games of chance. Games of chance can only be played in casinos in Switzerland.
Despite the fact that gambling is quite new, people in Switzerland love to gamble. 56% of the nation's citizens regularly take part in the national lottery, and a surprising 43% have gambled at a casino before. As much as 20% of the Swiss population can be classified as "frequent gamblers" judging by a recent poll. With casinos, poker, and sports betting fully legalized, the numbers will only grow.
Online Gambling in Switzerland
Online gambling in Switzerland is not as fortunate. It is currently prohibited by the Swiss government, but at the same time, there is no legislation in place to enforce the prohibition, so it happens anyway. Millions of euros are spent on internet gambling every year in Switzerland. The government does not seem concerned, and there is nothing in the books to change the ban in either direction.
Swiss players must use foreign online gambling sites to play. There are many large internet gambling websites offered in German, French, and Italian that Swiss players can use. The government of Switzerland does not block sites, and Swiss banks usually don't have any problems moving funds to and from online casinos or other gambling accounts.