Switzerland’s Casinos Guaranteed Licenses for 20 More Years

The Swiss Federal Council has announced the issuance of new casino licenses starting in 2025. This decision was formalized during a meeting of the Switzerland casino industry’s delegates on May 22. The current casino licenses, expiring at the end of 2024, will be replaced by new agreements lasting 20 years, initiating a new era for Swiss casinos.

The new licensing framework will see the addition of casinos in Prilly and Winterthur, broadening the industry's geographic reach.

• The Winterthur casino will replace the existing venue in Schaffhausen, as the latter did not apply for a new license.

• Gerhard Pfister, president of the Swiss Casino Association, hailed the new licenses as a landmark moment for Switzerland’s gambling sector.

• He emphasized the recognition of casinos' ability to ensure safe and responsible gaming and their economic contributions.

In a move towards greater consolidation, the Swiss Casino Group’s venues in Zurich, Schaffhausen, St Gallen, and Pfäffikon have joined the Swiss Casino Association following a unanimous agreement.

• The new Winterthur casino is expected to join once it begins operations.

• All 21 land-based casinos and 10 online casinos are now members of the Association.

• Pfister noted that a unified voice will enhance the industry's ability to address challenges and seize opportunities.

Revenue from Switzerland's land-based casino venues decreased slightly in 2023, reflecting changing consumer behavior and market dynamics.

• Total GGR from land-based venues reached CHF623 million ($681.2 million), down 1.1% year-on-year.

• Online casinos showed growth, with CHF286 million ($313 million) in GGR — a 14.3% increase.

• Swiss casinos paid CHF409.3 million ($448 million) in taxes in 2023, a 3% rise from the previous year.

Over the past two decades, Swiss casinos have paid over CHF8 billion ($8.76 billion) in taxes, supporting the AHV pension system.

Earlier in the week, the Loterie Romande reported a net profit increase of CHF5.1 million ($5.58 million) for 2023, showcasing resilience despite a 3.4% drop in GGR.

• The lottery paid a record CHF243.7 million ($266.7 million) to good causes.

• Chairman Jean-René Fournier credited cost management and digital innovation.

• The introduction of the EuroDreams draw game in 2023 further boosted success.

This marks a transformative period for Switzerland’s gaming industry, blending tradition with digital innovation and a stronger unified voice for the future.