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It is fair to say that Liechtenstein has gone through significant ups and downs in terms of its gaming industry. Such claim is easily supported by the fact that all kinds of gambling (apart from lotteries) were outlawed in 1949 and were properly regulated until 2011. A gaming law (Geldspielgesetz) was passed by the government on June 30th, 2010, although it didn’t really go into effect until the beginning of 2011. With the regulation of online real-money gaming on May 31, 2011, the internet sector was finally addressed.
In 2016, a basic licence system that had previously been in existence was updated. The Office of Economic Affairs, which is part of the Ministry of Infrastructure, Economic Affairs, and Sport, was in charge of the procedure. However, it should be noted that the government has chosen to halt the licencing application process for online gambling until the end of 2023, effective as of November 2019. In comparison to the 12.5% flat corporate tax that is levied in other areas of the country’s economy, the tax rate for online money games will be 5% on licenced bookies’ GGR.
Best Betting Sites in Liechtenstein
Rank | Bookmakers | Singup Bonus | Features | Offer Link |
1 | 1XBET | 100% up to 100 USD |
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2 | BETWINNER | 100% up to 100€ |
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3 | MELBET | 100% up to 100$ |
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4 | 22BET | 100% up to 122€ |
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5 | LINEBET | 100% up to $100 |
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Hanni Wenzel won bronze in skiing for Liechtenstein at the 1976 Olympics, making it the smallest country to ever win an Olympic medal in either the winter or summer games. Since 2011, gambling in the nation has been regulated after a lengthy prohibition that lasted from 1949 to 2011. Prior to it, the International Lottery in Liechtenstein Foundation (ILLF), the oldest online lottery in Europe that had been operating since 1995, was the sole legal form of gambling. Nevertheless, it finally declared bankruptcy. Even though there is a legal structure in place for betting, none have been issued. To players and operators, the state has a very permissive policy. As a result, local gamblers are not denied the chance to place their wagers with any preferred foreign bookmaker, such as Bet365.
Is online sports betting legal in Liechtenstein?
Yes, online sports betting is legal and regulated in Liechtenstein. The country has a well-established regulatory framework for online gambling, which ensures that licensed betting sites are safe, secure, and fair to use.
What sports can I bet on at Liechtenstein betting sites?
Most Liechtenstein betting sites offer a wide range of sports markets, including popular sports like football, basketball, tennis, and hockey, as well as niche sports like handball, futsal, and esports.
Can I use Liechtenstein betting sites if I don’t speak German?
Many Liechtenstein betting sites offer their services in both German and English, so you should be able to navigate the site and place bets even if you don’t speak German.
How can I deposit and withdraw funds at Liechtenstein betting sites?
Liechtenstein betting sites typically offer a variety of payment methods, including credit/debit cards, bank transfers, and e-wallets like Skrill and Neteller. Withdrawal methods may vary, so it’s important to check with the site to see what options are available.
Are there any bonuses or promotions available at Liechtenstein betting sites?
Yes, many Liechtenstein betting sites offer bonuses and promotions to both new and existing customers. These may include welcome bonuses, free bets, cashback offers, and more. It’s important to read the terms and conditions of any offer before accepting it to ensure you understand the requirements and restrictions.