Casinos Begin Applying for Swiss Online Licenses

This story was published more than 1 year ago.

This week online casino operators have begun applying for Swiss online betting licenses, getting set for the market to launch later this year.

The country's gaming regulator ESPK announced that land casino groups Grand Casino Baden, Grand Casino Davos, Grand Casino Lucerne, and Casino Zurischsee have all applied for online licenses. The laws of the country will require all games offered to be certified by the regulator, and unlicensed betting sites will have to be blocked by ISPs no later than July 1st. This is aimed at compelling casinos to obtain licenses in order to offer their services in the country.

It's unknown whether or not the casino groups will be able to sub-license to third-party groups. This is common practice in other markets and lets the market expand.

As of press time, no online licenses have been granted to operators, but developer Red Tiger Gaming was granted a license this week and will be able to provide their slots to the licensed domains.

About the author

Kingston Li // Asia Correspondent
Kingston Li
Kingston is a big fan of Baccarat and Texas Hold'em Poker and has tested his skills in tournaments around Asia and the world. He covers the latest gambling news from Asia for Casino Listings. In his spare time, Kingston enjoys hiking, video gaming, and playing disc golf.
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bgsharpe
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30 April 2019 - 12:22pm
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For me there is no doubt the Swiss market will be quite lucrative for many operators having in mind the high standard of living and generally the solvent environment there..a bit surprised to read only Red Tiger have been granted a license so far but I guess there's many more to come.