Sportsbet.io within Switzerland’s blacklisted domains
Sportsbet.io has fallen under the blacklist of unlicensed igaming operators within Switzerland.
The site initially launched in the UK last year under a license from TGP Europe. It was last month named Arsenal’s official betting partner and will serve as shirt sponsor of fellow Premier League club Southampton FC for the 2020-21 season.
Coingaming Group, owner of Sportsbet.io, has their sports betting brand amongst other 140+ domains that are blocked by Swiss telecommunications service providers under order from the Eidgenössische Spielbankenkommission (ESBK).
Estonia-headquartered Coingaming Group’s bitcasino.io site was also blocked by the Swiss authorities in August. The group, which has more than 300 employees, has offices in Estonia, Ukraine, the UK and Malaysia. Last month, Maarja Pärt was named as Coingaming’s new chief executive.
First published in September of last year, Switzerland’s blacklists are updated on a regular basis, highlighting domains that the ESBK or the Inter-Cantonal Lotteries and Betting Commission (Comlot) say are operating illegally in the country. Bet365 became the highest profile name on the list when it was added last September.
Bc.game, Allrightcasino.com and Campobet.com are among the dozens of names that have been added since the list was last updated just two months ago. We might keep seeing these bans across multiple waves.
Foreign gambling sites are to be banned in Switzerland, after Swiss citizens overwhelmingly backed a new gambling law, replacing the 1923 Lotteries and Betting Act and the 1998 Gambling Act, back in a June 2018 referendum.
Switzerland is a strict jurisdiction
Even though the Switzerland does not prohibit the use of iGaming platforms within its borders, it is clear to see how strict and uptight the government and the gambling authorities tend to be when it comes to considering a particular brand illegal or fraudulent in any way.
This has been the case for many years, when lots of highly reputable gambling operators have received the sudden news that they are considered mischievous or unlawful brands that must not be allowed within the Swiss borders.
Therefore, it is not a complete surprise to see such popular and renowned brands like Bet365.com and Sportsbet.io on the infamous list.
At this rate, the whole iGaming community will start to witness how the European government erases the possibility of accepting any foreign operator in the near future. To make matters worse for the operators, the Swiss citizens seem to be in favor of the ultimate decision.
With that being said, it may be a recommendation for the gambling operators to stop offering their services to the players residing in Switzerland unless they would want to get struck by the news of their platforms getting blocked in the country.
The citizens back up the government and the gambling authorities
Frequently, citizens tend to be against the gambling laws that get imposed within their countries. But, that is surely not the case when it comes to Switzerland.
As it was mentioned previously, Switzerland is looking to stop allowing any foreign gambling operator to offer its services within the country, and the citizens are more than happy to know this.
According to many Swiss citizens, having foreign operators working in Switzerland can be very dangerous for the government as well as the players. This is because these brands would not be closely monitored by the country’s authorities, and it would be easier for them to commit fraud.
In addition to that, many Swiss players have been victims of several fraudulent activities of foreign gambling operators, so they consider the new regulation imposed by the authorities to be the best way to fight against gambling fraud in the nation and prevent other innocent players from losing their savings permanently.
Sportsbets.io can focus on other jurisdictions
With the news of its platform getting published as one of Switzerland’s blacklisted domains, Sportsbets.io has now the chance to further its investments and efforts on other lucrative markets within Europe and rest of the world.
Regardless of the fact that the news has shocked some players worldwide, the betting platform is still up and running as it usually does without any major setbacks on the way.
The news surely means that the site will not be available for Swiss players, but with acceptance from more than 50 other countries, Sportsbets.io can fairly move on from it pretty quickly.
As of this moment, Sportsbets.io is considered to be one of the most prolific and complete gambling platforms available in the world. Despite its name, the site also offers casino games and other gambling alternatives. It does not focus on providing sports bets for the players only.
In addition to that, the players can make their transfers within seconds through the most reliable and fastest banking platforms that exist up to this day.