How do Swiss Vereins handle legal liability across member entities, especially when one branch faces regulatory or legal issues in its own jurisdiction?
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A bookmaker's licence is an official permit issued by a government or regulatory authority that allows a company to legally accept bets on sports and other events. It is essential for legitimising your operations. Without such authorisation, your business would be considered illegal, which may result in fines, website blocks, or even criminal liability.
Holding a licence earns you clients’ trust. Licensed bookmakers undergo regular inspections, which ensures fair payouts and the protection of players’ personal data. And, for sure, clients will choose certified companies to minimise the risk of being scammed..
Licensed companies may advertise third party products such as, banks and payment systems. Other advantages include the ability to operate in international markets. For example, in countries like the United Kingdom and Malta, a licence permits companies to accept bets globally.
Any company acting as an intermediary between clients in placing bets, making wagers, or resolving disputes must hold a valid license. Most often such activities are carried out on the Internet, where a large number of fraudsters operate.
Displaying the license number on your website, along with a screenshot of the actual document, reassures users that their funds are being properly processed and that they will receive their winnings if they succeed.
If the betting company operates from a physical location rather than purely online, obtaining a bookmaker’s license can also help establish its credibility among competitors and support expansion into the interactive gambling markets of other countries.
Bets can be placed on the following types of events:
Sports events:
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Tennis, boxing, MMA (winner, number of rounds, etc.)
Motorsports, cycling (race winner, podium finishes)
Esports (results of tournaments on Dota 2, CS:GO, and more)
Political and economic events:
Elections (winner, percentage of votes)
Currency rates, stock indices (market fluctuations)
Economic decisions (central bank interest rate changes)
Entertainment and celebrity events:
Awards (who will win Oscars, Grammys)
Reality shows (show winner)
Celebrity news (e.g., weddings, divorces)
Virtual sports and non-sporting events:
Virtual matches (simulated football, horse racing)
Weather conditions (temperature, precipitation)
Lotteries and TV games (bets on random events)
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