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Liechtenstein Extends Online Gambling Ban Until 2028
Liechtenstein, a European nation known for its meticulous approach to gambling regulation, has announced the extension of its online gambling ban until 2028. This decision underscores the country’s commitment to maintaining control over its gambling landscape and prioritizing player protection.
Liechtenstein takes a decisive stance on online gambling, extending its ban for another six years while reinforcing player protection measures.
The Liechtenstein government’s move to prolong the online gambling ban reflects a cautious and calculated approach towards gambling regulation. To bolster cross-border gambling oversight, the country has entered into an information-sharing agreement with Switzerland, set to take effect next year. This collaboration aims to enhance player protection and ensure effective management of gambling activities across borders.
Amidst a growing global focus on responsible gambling, Liechtenstein’s actions demonstrate a proactive approach to safeguarding players and managing the gambling sector. The information-sharing arrangement with Switzerland exemplifies the importance of international cooperation in regulating gambling activities and protecting players.
Keep an eye on Liechtenstein’s evolving gambling landscape. The nation’s strategic decisions and regulatory measures offer insights into balancing gambling opportunities with responsible governance.
Liechtenstein legalized land-based gambling in 2010 and has since seen the establishment of six physical casinos, doubling the count from 2019. Despite this growth, the country has implemented measures to manage the sector’s expansion, including the closure of Casino Bazers by Casinos Austria in September 2022 and a recent ban on new land-based casinos.
In a significant referendum this year, Liechtenstein voters decisively rejected a proposal to ban land-based casinos entirely by 2028, with 73.3 percent voting against the ban. This result, achieved with a 70 percent voter turnout, illustrates the public’s stance on maintaining land-based gambling while adhering to responsible regulatory practices.
As Liechtenstein navigates its gambling regulations, balancing growth with player protection, the nation serves as a case study in managing a gambling ecosystem within a defined regulatory framework. The extended ban on online gambling and the collaborative efforts with Switzerland are key components of Liechtenstein’s comprehensive approach to gambling regulation.