Switzerland to Welcome Two New Casinos in Prilly and Winterthur
The Swiss Federal Council has granted new licenses to all casinos that applied for renewal on time, extending their operational period by 20 years. Additionally, the country has approved two new gambling establishments in Prilly and Winterthur. The latter will replace the casino in Schaffhausen, which did not apply for a new license.
This decision was announced following a meeting of representatives from the Swiss casino industry. With these additions, Switzerland will now have a total of 22 land-based and 12 online casinos.
Gerhard Pfister, President of the Swiss Casino Association, hailed the council's decision as a "landmark moment." He emphasized that the Federal Government's move recognizes the role of modern casinos in providing safe gaming environments, promoting responsible trading, and delivering significant economic benefits to their regions.
In a related development, the Swiss Casino Group, which operates casinos in Zurich, Schaffhausen, St. Gallen, and Pfäffikon, has unanimously joined the Swiss Casino Association. Consequently, all Swiss gambling houses, both land-based and online, are now members of the association. The new casino in Winterthur will seek membership immediately upon its opening.
Despite a 1.1% decline in revenue for Swiss land-based casinos in 2023, which amounted to CHF 623 million (€629 million), online casino revenue saw a substantial increase of 14.3%, reaching CHF 286 million.
27 May 2024, 17:04
Casino and Games
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories