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SWITZERLAND TO OVERHAUL GAMBLING LAW
15th February, 2013 at 09:27:52
Derive benefits from taxing online gambling operations
The Swiss Federal Administration has issued details on the launch in the second half of the year of a consultation regarding its proposed new gambling law.
The proposal will include lifting the existing ban on online casinos and regulating the industry with the Swiss Federal Council utilising tax revenues derived from licenced online operations to fund cultural, sporting and social projects.
The Administration said the Federal Department of Justice and Police in collaboration with the 26 federal states, gambling industry and gambling addiction experts are currently drafting a law that covers internet gambling which would be "legalised and subject to the same regulatory conditions as the traditional offer".
Additionally, the Administration intends levelling the playing field with regard to taxation on lottery and wagering gains, saying it intends exempting betting gains from taxation, the same framework that casino gains currently enjoy.
Related News Tags: Lotteries
WEST VIRGINIA ONLINE GAMBLING BILL MEETS EARLY OPPOSITION (Update)
25th March, 2017 at 08:38:18
HB3067 faces political and time constraints.
MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)
21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.
CALLS FOR HIGHER GAMBLING TAXES IN KENYA
20th March, 2017 at 07:18:24
Operators brace for rising costs as parliamentary advisers call for more taxation.
REPUBLICANS FILE ANTI-ONLINE GAMBLING BILL IN PENNSYLVANIA
14th March, 2017 at 08:11:41
HB801 has echoes of last year's unsuccessful attempt authored by former Representative (now Senator) Mario Scavello.
IGT ACHIEVES ICAP RE-CERTIFICATION
13th March, 2017 at 13:44:19
Compliant with Internet Responsible Gambling Standards.