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Swiss gambling regulator Eidgenössischen Spielbankenkommission (ESBK) has reported a 5.5% year-on-year rise in casino revenue for 2019, while the country’s online gaming licensees generated CHF23.5m following the launch of igaming from July that year.
Total revenue from Switzerland’s 21 casinos amounted to CHF742.5m (£629.8m/€698.4m/$784.4m), of which category A licensees (larger venues in urban areas) contributed CHF449.0m, up 5.3%.
Category B licensees, comprising casinos in resort towns and smaller municipalities, generated revenue of CHF293.5m, up 5.9%. Greektown casino hotel deals.
- In January 2019, the first batch of Swiss regulated online casinos went live. This was a landmark event - as online gambling was finally legalised within the country. In July 2019, the Government announced that any offshore casino that did not voluntarily block Swiss.
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Across both licence categories, slots accounted for CHF613.2m of revenue, up 8.0%, while table games’ contribution declined 5.4% to CHF129.3m. Tax take for the year rose 7.3% to CHF356.7m.
In 2019, four land-based licensees launched an igaming offering, beginning with Grand Casino Baden’s Jackpots.ch on 5 July.
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Grand Casino Luzern (MyCasino.ch); Casino Pfaffikon Zurichsee (SwissCasinos.ch); and Casino Davos (Casino777.ch) followed before the end of 2019, with Grand Casino Kursaal Bern and Casino Interloken also securing licences from ESBK.
Grand Casino Luzern’s Paf-powered MyCasino accounted for the majority of revenue, contributing CHF8.9m of the total. Next was Casino Pfaffikon Zurichsee’s Playtech-powered offering, with revenue reaching CHF6.9m following its launch on 2 September. Play casino roulette game.
Grand Casino Baden, which acquired a 50% stake in platform provider Gamanza as part of its launch plans, followed in third with CHF6.3m in revenue. Casino Davos, a venue jointly owned by Stadtcasino Baden Group and Belgium’s Ardent Group, came in fourth with CHF1.3m.
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The quartet paid CHF7.5m to the Swiss state in gaming taxes.
The passage of igaming legislation in January 2019, and its implementation from July that year, saw ESBK step up enforcement activity against unlicensed providers. This was done through a working group with lottery regulatory authority, the Inter-Cantonal Lotteries and Betting Commission (Comlot), telecommunications bodies Association Suisse des Télécommunications (Asut) and Suisse Digital to develop blocking measures.
It led to the publication of ESBK’s blacklist of unlicensed operators in September that year, with 110 domain names listed for blocking by the country’s internet service providers by the end of 2019.
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Earlier this week Comlot revealed that revenue from gambling organised by Swiss lotteries amounted to CHF1.01bn in 2019, aided by an expanded range of online products such as sports betting. This, Comlot said, helped reduce market share for offshore competitors.
There are a lot of great online casino sites out there these days which accept players from around the world, and it has to be said that Swiss Casino Online is one of them. They have been established since 2001, so with well over a decade of experience in the industry they are sure to impress any player who starts to use their games – even one who has already played elsewhere, since they clearly know what they are doing by now and how to make a success of their online gambling enterprise.
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