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Compliance Updates

Switzerland gearing up for new gambling legislation increases player protection

Niji Narayan

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Reading Time: 2 minutes

Swiss casinos are waiting for the outcome of the referendum on the new gambling law that is scheduled on June 10. If the new legislation receives the support of majority of voters, the casinos will be able to offer online versions of roulette, blackjack and poker.

The new law on gambling will bring the gambling activities subject to authorisation and regulation, It will also ensure that players are protected.

In March 2012, 87 per cent of voters and all cantons accepted a new wording for Article 106 of the Swiss constitution which says that:

– Gambling is an activity to be authorised by the federal government or the cantons, so that principles of economic liberalism do not apply to gambling and the number of casinos or lotteries allowed is to be set by law.

– Casinos pay tax to the cantons and thus their profits flow into the old age pension fund, which means funding of about CHF300 million ($303 million) for the fund, and for the cantons about CHF 50 million ($50.4 million).

– Proceeds of lotteries go exclusively to community welfare uses. The two main lotteries active in Switzerland redistribute over CHF 600 million every year to sports, social and cultural activities and the arts; this involves both top-level sport and also the amateur level, and includes funding for small sporting events, folk festivals, small theatres or associations with a social welfare purpose.

– Given the dangers involved in gambling, the Swiss government and the cantons take steps to ensure protection for players depending on the type of gaming involved as well as the location and manner of provision of the service.

Ethical approach

To sum up, gambling is not an activity ruled purely by economic liberalism, but is an activity authorised by government. Proceeds of gambling should not be redistributed to shareholders but should go into old age pensions and other public welfare funds. Furthermore, even though it may seem paradoxical, players need to be protected.

The new legislation on gambling corresponds to the requirements listed above, and for this reason I am supporting it.

Allowing only casinos which already have a concession to offer gambling online means that the availability of this kind of gambling will respect players and take an ethical approach.

Furthermore, requiring lotteries with ticket machines in public places to equip these machines with a device preventing minors from playing, as is the case for cigarette vending machines, and banning minors from casinos, will help deal with addiction to gambling.

Informing consumers of gambling online that they are on a gambling site forbidden in Switzerland and that they can bet on the same games on Swiss casino sites, will not only help enforce the constitutional requirement that the proceeds of gambling go to the old age pension fund or other public uses, but also help to combat current forms of money laundering, and even online fraud.

 

Source: swissinfo.ch

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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Compliance Updates

PGCB Imposes Fine Totalling US$242k on Two Casino Operators

Niji Narayan

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PGCB Imposes Fine Totalling US$242k on Two Casino Operators
Photo Source: pennsylvaniacasinos.com
Reading Time: 1 minute

 

The Pennsylvania Gaming Control Board (PGCB) has imposed the fines totalling US$242k against two casino operators.

Sands Bethworks Gaming, LLC, operator of the Sands Casino Resort in Northampton County, received separate fines of US$120k for underage gaming violations and a second for US$110k regarding the awarding of free slot play. The fine stemmed from 11 incidents in which individuals under the age of 21 accessed the gaming floor.

The second fine was issued for permitting the issuance of free slot play by employees who were not authorised to do so and/or issuing free slot play of amounts above authorised levels.

Washington Trotting Association, LLC, operator of the Meadows Racetrack and Casino in Washington County, received a US$12.5k fine for an underage gaming violation. This fine stemmed from an 18-year-old male gaining access onto the gaming floor, wagering at table games and being served alcohol.

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Latvian Parliament Approves the Amendments to the National Legislation on Gambling

Niji Narayan

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Latvian Parliament Approves the Amendments to the National Legislation on Gambling
Reading Time: 1 minute

 

The Latvian parliament has passed the amendments to the national legislation on gambling. The new rules prohibit the Latvians from gambling on the websites of unlicensed international online gambling operators.

Latvian citizens who used the services of unlicensed gambling casinos will get a fine of up to € 350 per incident. Players who avoid taxes for winnings can also be fined. It is assumed that the fine will be 23% for any amount of winnings over € 3,000. There is a €20 thousand penalty for Internet providers who fail to report information about the cases of illegal online gambling.

The Latvian Inspection on lotteries and gambling has blacklisted more than 1500 gaming domains, however, according to media reports, Internet providers blocked only a third of domains form the blacklist.

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Compliance Updates

Spillemyndigheden Issues Warning on Marketing Bonus Offers

Niji Narayan

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Spillemyndigheden Issues Warning on Marketing Bonus Offers
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The Danish Gambling Authority, Spillemyndigheden, has released a statement and issued warning to the operators.

The regulator assessed that the use of the word “free” when marketing a bonus offer is misleading if a wagering requirement is attached to the offer.

In accordance with the Consumer Ombudsman, in 2016, a statement contemplated the use of the word “free” in bonus offers. “The Consumer Ombudsman found that the chance of winning a win was impaired because consumers could not raise their winnings if they stopped the game before the wagering requirement was met, and the total sum of consumer deposits and winnings was higher than the consumer’s initially deposited amount,” said the statement.

The gambling authority said that this is similar to other concepts such as “free spins” and “free bet” if a turnover requirement is attached to the offer. “The use of these terms can create an expectation on the part of the consumer that the offer is actually free without any limitations and will therefore be contrary to the law if this is not the case,” said the watchdog.

 

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