22bet Switzerland

PECHOVANIKOLA@seznam.cz

22bet

August 20, 2024

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Switzerland, or rather the Swiss Confederation, is not only one of the richest countries located in Europe, but also in the world. Switzerland is not a member of the European Union. The population of Switzerland is 8.6 million citizens. In Switzerland, both land-based and online gambling are legal. Private investors are only allowed to apply for a licence to operate online casinos and digital poker.

The other sectors are covered by a state monopoly. Switzerland, due to having a huge amount of funds at its disposal and not having to adapt its system to EU regulations, has an extremely tight system that makes it virtually impossible to use illegal betting platforms. So can the Swiss use 22bet Switzerland?

History of gambling in Switzerland

Switzerland was one of the first countries in the world to create a gambling law. This took place in 1874. It then became part of the Swiss federal constitution. Furthermore, the Casino Barriere de Montreux, which was built in 1881 and is located on Lake Geneva, is still in operation. In 1921, gambling was officially banned in the country.

However, as early as 1923, lottery was legalised again under the Lotteries and Betting Act. It was not until 1993 that it was decided to partially legalise gambling again. The public was allowed to gamble in casinos with limited stakes. In 1998, a referendum on casinos was added to the constitution and this was sort of the beginning of the road to the re-legalisation of casinos. In 2000, gambling was fully legalised and the restrictions previously in place were relaxed by the government. This step allowed the industry to grow intensively.

In 2018, the decision was made to legalise online gambling from 2019. As early as 2019, private companies were given the opportunity to apply for a licence. Only entities that operate a land-based casino in Switzerland have the chance to obtain one. A maximum of 21 online casinos can operate. Citizens who use unlicensed casinos are breaking the law. From 2019, not only unlicensed platforms are blocked, but also financial institutions stop transactions with these entities.

Can Swiss citizens apply for registration on 22bet Switzerland?

The 22bet betting platform does not have the relevant licence to allow Swiss to use this portal. The security measures in place prevent people from accessing this site and, in addition, financial institutions block the possibility to make financial transactions with the 22bet portal.

Consequently, people living in Switzerland are not able to register on this portal. Although there is no denying that they show interest in this platform. All attempts to bypass the security measures end in failure. Perhaps this status will change in the future, but for the time being the high costs of offering services and legal provisions effectively discourage the offering of services and the creation of the 22bet Switzerland platform.