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Swiss Online Gambling: Grand Casino Luzern Second To Launch Online Casino
Swiss Online Gambling: Grand Casino Luzern Second To Launch Online Casino
Europe

Swiss Online Gambling: Grand Casino Luzern Second To Launch Online Casino

After Grand Casino Baden which launched online gambling earlier this week, Grand Casino Luzern is the second to launch online gambling in Switzerland.

Earlier this week, Red Tiger Gaming made its debut in the regulated Swiss online gambling market in partnership with Grand Casino Baden.

According to the new gambling regulations all online gambling operators have to partner with a locally licensed casino to operate in the Swiss online gambling market.

A new Gambling Act in June 2018 was approved by a national referendum in which over 73 percent of the voters voted in favor of regulating the iGaming market. The new legislation came into effect from January this year.

Grand casino Luzern was also the first casino to be authorized by Swiss authorities to launch iGaming products.

Earlier in June this year, the Grand Casino Baden inked a deal with Evolution Gaming to supply content for its online casino.

However, with the new gambling regulations in place, several online gambling and betting companies have pulled their products from the Swiss market.

In a recent announcement, PokerStars confirmed that they are temporarily withdrawing from the Swiss online gambling market as the new Swiss gambling regulation calls for only licensed overseas operators to offer their products to Swiss customers.

Similarly, William Hill also stopped accepting wagers from its Swiss customers. The UK-based bookmaker issued a notice to all its existing customers in Switzerland that the operator is not going to accept any further wagers from mid-day on June 28.

About the author

Harry Matthew

Harry Matthew

Harry serves as a resident reporter for Casino Buzz. He has been responsible for building the content base and forms the core reporting strategies for the website. Along with reporting, Harry is an amazing baseball player with good record at university level. He can be reached at [email protected]

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