This story was published more than 1 year ago.
Switzerland will be getting two new land casinos within its borders after The Federal Council of Switzerland approved of two new regions in the country to host the facilities.
There are 21 regions in Switzerland, and the country allows for one casino license to be granted in each region. This change will allow for changes to be made, with additional licenses being allowed while not affecting the 21 existing locations. There are currently eight Class A casinos in the country, which operate a lot like a standard casino and have no bet limits for players. These are higher-end, with the country's gaming regulator expecting revenues to fall in the CHF 30 million range annually. There are thirteen Class B licenses, which allow a max stake of CHF 25 per spin on slots and have lower revenue thresholds.
The news of the new licenses is relevant to the online betting world, as the country's gambling regulations allow for online licenses to be obtained only through a land casino.
There currently isn't any information on who'll be bidding to take on the new locations. Casino Listings News will update readers as we learn more.