It is no longer new news that sports betting is becoming increasingly popular in Switzerland and is becoming more and more popular among the population. That’s why it’s exciting to take a look at the market. There are five interesting and surprising facts that you should know! We have listed these for you below.
Only legal with a Swiss license
In Switzerland, sports betting and other games of chance may only be offered if the provider has a Swiss license. This regulation ensures that everyone Betting Switzerland are subject to the country’s strict regulations and at the same time protect players from dubious providers.
Swiss legislation only allows licensed operators to offer gambling, which guarantees a high level of transparency and security. For foreign providers, this means that they are only allowed to operate in Switzerland if they enter into an appropriate partnership with a licensed institution.
However, sports betting is often offered via an alternative link, so that as a player from Switzerland you can still access the offer without any difficulty.
Increasing sales in online sports betting
The Swiss betting market has seen a clear trend towards online betting for several years, which is steadily increasing growing sales figures reflects. This increase can be observed particularly well in the area of online sports betting. The total turnover of the Swiss gambling market reached an impressive CHF 3.7 billion in 2022, which represents a significant increase compared to previous years. This shows how strongly the market has developed towards digital offerings.
A key driver of this growth is online sports betting, which is becoming increasingly important on both a national and international level. Swiss betting providers have significantly modernized and adapted their platforms to meet the needs of players who are increasingly relying on mobile devices. Accessing betting via smartphones and tablets is easy, convenient and offers users flexibility. This development is reflected in the numbers, because while traditional forms of betting such as the lottery or stationary betting offices are partially stagnating, the online betting sector is booming, especially in the area of mobile betting.
Those: Statesman
The influence of the pandemic on betting behavior
The COVID-19 pandemic has changed betting behavior worldwide, and Switzerland is no exception. 2020 and 2021 saw a decline in land-based betting as many physical betting shops were closed. However, this has led to a massive increase in online betting. In Switzerland, the volume of online betting grew during the pandemic, due to changing leisure habits and increasing digitalization. This increase has stabilized even after the pandemic and shows that many players prefer convenient access via the Internet.
Versatility of betting options
The Swiss betting market offers an impressive variety of options for all types of players. In addition to the classic sports betting, there are a whole range of other options that are available both online and land-based. Here is an overview of the most important forms of betting:
- Sports betting: The most popular form, especially in football, tennis and ice hockey.
- Lotto: Traditional lottery with high jackpots, available online and land-based.
- Lose: Scratch cards for quick winnings, online and in kiosks.
- PMU: Parimutuel betting on horse racing, offline and online.
- Electronic lotteries: Modern lotteries that are played completely online.
- Virtual betting products: Computer-generated sporting events and mock lottery products like “Goooal”.
The variety of options and the combination of traditional and modern forms of betting make the market in Switzerland particularly interesting and flexible for players.
Emerging Trends: Sustainable and Responsible Betting
Another surprising trend is the growing focus on responsible betting and sustainable gambling practices. More and more providers are relying on tools that help players control their betting activities and handle their money responsibly. Self-protection mechanisms, such as deposit limits, time limits and self-blocking, are increasingly being integrated into betting platforms.
This trend reflects the increasing awareness of gambling addiction prevention and player protection. In Switzerland, these measures are already firmly anchored in the licensing conditions, which helps to create a safe and fair betting environment.
