What is the difference between online casinos and a local provider’s casino?
Online casino providers are online, while local arcades are local. When playing in a casino online like in Corea Casino, there is no need to drive there. Registration and the first deposit are completed within a few minutes. Access to casinos is also restricted in terms of time. There are no opening hours online. Even the tables in the Live Dealer Casino are accessible 24/7.
Playing at home has another advantage: no dress code. The dress code is rarely too strict, but at home even jogging pants are smart enough.
The minimum bets are lower online. Slot machines are often playable from CHF 0.10 or free if you use free spins. Table games are only marginally more expensive.
Casino bonus offers like the welcome bonus are also reserved for the online world. In casino tests, sites with no bonus at all are extremely rare. It is usually only a matter of time before bonuses are offered to new players.
Especially with online slot machines, the payout rate is higher than in the local casino. Because while the local casino has to cover costs for staff, maintenance, and servicing, online servers are significantly cheaper to operate.
Online Casino License – what is allowed and what is not?
Since 2021, the new Gaming Act has ensured that online casinos work securely and transparently. Games of chance may only be offered in arcades with a license. The federal government also collects a casino tax, which is used for old-age, survivors, and disability insurance.
21 casinos in Switzerland can apply for a license for online casinos. 11 of them have already done so and more will surely follow in the future.
Due to the new gambling law, providers with an EU license – such as Playzilla Casino – are locked out of Switzerland by IP blocks. The Swiss Internet providers are satisfied with this, but this means some restrictions for the player when choosing the casino.
Licensed online casinos are now allowed to offer blackjack, roulette, and poker in Switzerland. Online sports betting, on the other hand, can only be found by readers from Switzerland at Swisslos and Loterie Romande. There you can not only play horse bets but also live bets.
Read also: Sports Slot Machines For Your Free Time
But for this, players from Switzerland first need a player account. With the opening, they must confirm that they are of legal age and provide their personal details. If you play at non-licensed online casinos without Swiss regulation, but at online casinos with an EU license, you are not liable to prosecution, but you have no contact person in Switzerland if you have problems. Security and fairness are also offered at the casinos with an EU license that accepts players from Switzerland.
All winnings from gambling that customers achieve in reputable online casinos in Switzerland are generally tax-free as long as the winnings do not exceed 1 million euros. But this only applies if winnings come from an official online casino in Switzerland. If the profit is more than 1 million euros, then the portion that exceeds this amount must be taxed.