The FIFA World Cup boosted the online gambling segment and drove sports betting and online casino revenue up.
Kambi Sportsbook and services were selected to support the expansion of Global Gaming’s product portfolio in regulated markets.
The lawmaker indicated that he will present a new sports betting bill to legalise the industry in the state.
The state’s working group on the segment is set to base taxes on net revenue and wouldn’t create a fee for the sports leagues.
According to the Swiss Federal Office of Justice, lottery and betting turnover fell 6.4 per cent year-on-year during 2017.
Concerned about potential increases of costs for sports integrity control, athletic departments look to get a cut out of sports betting revenues.