PokerStars "Executing Plans" to Remain in Swiss Market as Gaming Act Comes into Force PokerStars "Executing Plans" to Remain in Swiss Market as Gaming Act Comes into Force
SofieLayla Thal, Pixabay
Key Takeaways
  • The online gambling framework allows for licensed casinos in the country to offer online casino and poker games online.
  • None of the four casinos approved for online gambling last month is partnered with PokerStars.
  • Statement suggests the online poker giant will soon reveal its market strategy.

Online poker giant PokerStars is working to remain operational in Switzerland following the implementation of a new gambling law that only permits locally licensed casinos to offer their games online, PRO can reveal.

As of Monday, July 1, the new Money Gaming Act, which was officially adopted in January, comes into force. Real money online gambling must be licensed, and the regulator has blacklisting powers to prevent access to offshore gambling operations.

“We are currently executing plans to ensure PokerStars will continue to be the market leader in the Swiss poker market,” a PokerStars spokesperson told PRO.

The online gambling framework, adopted on January 1, 2019, allows for licensed casinos in the country to offer casino and poker games online for the first time.