🎰 PokerStars – Switzerland licence migration

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July 5, Latest Poker News. In order for PokerStars to operate legally in Switzerland going forward, it will need to reach a partnership agreement with a land-based casino in a country, which are the only operators who can actually offer online gambling products under the new regulations. Other companies have had to leave the market on short notice. That resulted in anger from some bettors who had futures wagers which had increased in value since being placed, though William Hill later said they would settle all outstanding bets by either issuing a refund or providing a fair cash out value, whichever was more favorable for the customer. This site uses Akismet to reduce spam. Name required. In conjunction with that, there are new tools for authorities to use when cracking down on foreign operators trying to operate without a license in the country. Learn how your comment data is processed.

Under the new laws, Switzerland now has a regulated framework for online gambling sites to operate within. Leave a Comment Cancel reply Your message. July 6, Latest Poker News. Discuss all the latest poker news in the CardsChat forum.

For major reputable brands like PokerStars, that means pokerstars switzerland 2020 transition period from treating Switzerland as a grey market to becoming fully licensed in the country. Email required. PokerStars is far from the only company that has had to deal with this issue in the face of the new Swiss regulations.

Meanwhile, Playtech announced a deal with the Swiss Casinos Group in late that would ensure that they could service the market without interruptions. By CardsChat News. One of the most notable is William Hillpokerstars switzerland 2020 announced to pokerstars switzerland 2020 in Switzerland last week that it would be forced to settle all outstanding bets before the Pokerstars switzerland 2020 1 enforcement deadline.

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Thus far, no partnership has been announced, though PokerStars has suggested that such an agreement is in the works. The new rules were approved by a public referendum that overwhelmingly passed last year. CardsChat News serves the global CardsChat community, providing news, opinion, and insight that matters to poker players around the world. By Jon Sofen. Latest News July 6, 1.