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…

With black stilettos, a blond bob and a slash of red lipstick, Milanese accountant Maria Teresa De Gasperi is dressed for a night out in Switzerland. Her visits to Lugano’s casino have grown less frequent as her gambling budget declined. “A lot, lot less,” she said, referring to her spending while sitting on a sofa in the casino’s brightly lit foyer. The Swiss town of Lugano has been home to a casino for the past century and about 80 percent of the gamblers are Italian, according to its management. The town, south of the Alps beside a sparkling blue lake…

From iGaming Business Swiss sports and betting-related data services supplier Sportradar has launched a new live scoring system in partnership with the International Tennis Federation (ITF). The new system will cover about 50,000 matches per season from all of the ITF’s Pro Circuit tournaments with data set to be sourced directly from match umpires. The ITF schedule compromises more than 1,000 tournaments per year and the new system will enable Sportradar to expand Betradar’s live betting services. Sportradar started working with the ITF in 2012 to collect and supply live data from selected tournaments to the media and betting industry….