Switzerland is a beautiful country in Central Europe, known for its neutrality, economy and culture. It is also a country where sports betting is legal and popular, especially among football and tennis fans. However, the Swiss gambling law has undergone some changes in recent years, affecting the online betting market and the options available for Swiss bettors. In this guide, we will explain everything you need to know about sports betting in Switzerland in 2023, including: - The legal framework and regulation of sports betting
- The best Swiss betting sites and how to choose them
- The most popular sports and events to bet on
- The payment methods and Online Betting currencies accepted
- The taxation and responsible gambling policies
Legal Framework and Regulation of Sports Betting
Sports betting in Switzerland is regulated by the Money Gaming Act, which was approved by a referendum in June 2018.The act aims to protect Swiss players from unlicensed and fraudulent operators, as well as to allocate the net winnings from gambling to charitable causes. The act also gives the authority to each of the 26 cantons (regions) to grant licenses and Online Betting supervise gambling activities within their jurisdiction.