Gambling in Liechtenstein

✦ Is gambling is legal in Liechtenstein?

Liechtenstein faces a few issues when it comes to online gambling regulation. First, they are a very small place with a fairly low population when compared to other areas in Europe. Second, their previous efforts to regulate online lottery sites failed and ended in bankruptcy. Along these lines, it looks like they will not be able to successfully offer segregated licensing like many other European countries simply for the fact that they do not have the population to support doing it profitably.



Although Liechtenstein is the fourth smallest European territory, the principality features the Princely House of Liechtenstein (the origin of its name), an abundance of alpine and snow-capped landscapes, assorted medieval palaces, a system of trails connecting villages together, the (cultural, social and financial) capital city of Vaduz, the Kunstmuseum Liechtenstein, current and contemporary artistic expressions, postage stamps, and the exceptional Vaduz Castle.



Gambling is legal but strictly regulated* in the Principality of Liechtenstein. Gambling laws in Liechtenstein, a small independent state in Western Europe that has borders with Switzerland and Austria, provide that gambling is legal. Up until 2010 the gambling industry in the Principality was considered illegal, because the law prohibiting gambling in Liechenstein was in effect since 1949. However, there aren’t any land-based casinos operating currently in the country. 토토사이트 There were plans to open casinos in the country since the 19th century, but those plans never materialized. Since 2009, the government is willing to issue one casino licence but so far nothing happened.** Online gambling is not yet regulated. Players from Liechtenstein are accepted in numerous foreign online casinos.



The only gambling entertainment allowed in the country was the International Lottery (Internationale Lotterie in Liechtenstein Stiftung), which became available online in 1995. ILLF was managing many lottery-related websites, each of which was paying a percentage of the profits towards charities. In 2011, however, the lottery went bankrupt and ceased to exist. In 2010 the Parliament passed a new law - Geldspielgesetz (GSG), which lifted a ban on playing for money and on operations of official casinos in the country's territory.