CFMJ: an authentic assurance of dependability for players from Switzerland.

The Swiss government has made the decision to implement a gambling law, following the lead of many other European countries. This law has been created with the intention of safeguarding Swiss players and bringing regulation to the flourishing gambling industry. In order to carry out this task, the Federal Commission on Gambling Establishments (FCGE) was established on January 1, 2019 and now holds complete authority in this area. To ensure that you have a comprehensive understanding, we would like to take this chance to provide you with a more in-depth explanation of the FCGE's role and the anticipated alterations that will occur.

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The Swiss FGC, inspired by the Belgian Gaming Commission, has already begun to alter our habits after the Swiss public voted in favor of implementing a federal law to regulate online gambling. On June 10, 2018, a referendum was held, and the outcome was decisive, with 72.9% of the majority of cantons supporting the implementation. Consequently, the Federal Gaming Commission was established to oversee this specific market and ensure better regulation.

The CFMJ has been granted complete authority by the gambling legislation to successfully carry out crucial and vital objectives.

Specifically, the CFMJ's function is centered on three primary objectives.

Distribution of A or B licenses to land-based establishments seeking to conduct their operations within Switzerland.

The decision to grant or deny licenses for online gambling platforms.

In poker tournaments, the initial wager is fixed at 200 francs, while the highest allowable sum is capped at 20,000 francs.

According to CFMJ's annual report, the commission's primary focus should be on these 4 key areas, which will now be discussed in depth.

1. Safeguard players from developing gambling addiction: The CFMJ urges casinos to implement a variety of precautions to prevent potentially harmful behavior.

2. Regulate the equity of gambling: the institute guarantees that every game adheres to legal requirements, particularly in terms of the redistribution percentage.

3. Combatting money laundering: casinos are required to exhibit complete transparency with regards to all financial transactions.

4. Spot unauthorized platforms: The CFMJ has the authority to disallow or shut down any operator not granted permission to operate within Switzerland.

Every operator is now obligated to possess the necessary license to provide gambling services in our nation.

Now, Swiss players can rest assured knowing that they have the opportunity to have a good time on completely trustworthy and lawful platforms. In order to expand their operations in Switzerland, online casinos and bookmakers must obtain the necessary license from the Federal Commission for Casino Games. Additionally, only approved brick-and-mortar establishments within Switzerland are eligible to apply for this license.

On our website, you can access a list of authorized sites. It's worth noting that foreign operators have been completely prohibited since July 1, 2019. If you happen to come across any of these operators, you will be automatically redirected to a page that informs you about the illegality of their offers. To obtain more detailed information, you can refer to the CFMJ annual report or visit our website.