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Compliance Updates

ESBK Receives Applications for Online Gaming Licences

Published

6 years ago

on


ESBK Receives Applications for Online Gaming Licences
Photo Source: clubpoker.net
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Eidgenössische Spielbankenkommission (ESBK), the Swiss gambling regulator, has received applications from four casino operators for online gaming licence. The four operators are Grand Casino Baden, Casino Davos, Grand Casino Luzern and Casino Zürichsee.

ESBK will check with the Swiss National Council, the Bundesrat, to make the final decision.

Operators who get the licence will be able to offer services such as poker and roulette but also face strict measures on setting maximum sums for poker tournaments, small lotteries and raffles.

For poker, the maximum single entry fee will be CHF200 (£152/€176/$196) for small tournaments and the limit of total entry fees CHF20,000. For lotteries and raffles, the limits will depend on the size of the lottery.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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