Prague – 23February 2018 –The second edition of Prague Gaming Summit will include a wide range topics and compliance updates from various countries in the region and the organizers are adding a new topic in the panel discussion for the event which will take place on the 29th of March at Andel’s by Vienna House Prague.
Besides the compliance updates and opportunities of the Czech, Polish, Slovak, Slovenian and Austriand markets, the event will also feature a presentation of the highly awaited referendum in Switzerland.
On September 29, 2017 the Swiss Parliament passed a revised gambling law entitled the Money Gaming Act. The Act unites Switzerland’s existing acts on casino games and betting/lotteries into a single Act. The new Act equally lifted the current online gambling ban, however only operators of licensed casinos (type A and B) may qualify to apply for an additional online casino license. The new Money Gaming Act therefore provides the possibility to block access to foreign online gambling websites to Swiss citizens.
Despite not being strictly prohibited, online gambling was technically illegal under current legislation but international operators were able to target local players. However, the new law ends that and formally legalises online gambling, but bars international companies from operating within the country.