Switzerland is set to ban foreign betting sites following a referendum vote on the country’s new Gambling Act. Swiss online casinos, however, will be allowed under the incoming Gambling Act. The Act will also raise the taxable winnings threshold from $1,012 to $1.0129m. Swiss voters overwhelmingly supported the notion with 72.9% coming out in favor of the new Gambling Act, despite it containing some of the strictest regulations in Europe leading opponents to claim it is tantamount to censorship. With both of Switzerland’s legislatures, their houses of parliament, already passing the legislation it is set to become law in 2019. The…

The Swiss parliament has voted in favour of a measure that requires internet service providers in the country to begin blocking access to illegal gambling websites. The lower section of the House of Representatives yesterday (Wednesday) gave its approval to the plan after the upper house had previously given the green light to the proposal. In addition, the House yesterday approved a measure that states only casinos based in Switzerland can receive an online licence. The move comes after the Legal Affairs Committee of the Swiss National Council in January voted to withdraw plans to introduce legislation to begin the…