Prior to Swiss data exchange Lichtenstein casinos flourished in 2024
Whilst this year’s gaming revenues have been left devasted in Lichtenstein due to the effects of the introduction of the blacklist exchange with Switzerland, 2024 was a positive year for Liechtenstein’s casino revenues and also for the public coffers where gaming taxes were paid.
Data from the Department of Gambling of the Office for Economic Affairs of the Ministry of the Interior, Economy and Sports showed that the seven casinos recorded gross receipts of CHF140,803,720 Swiss francs, up five per cent from 2023, and paid taxes of 52,865,514 francs, an increase of 5.56 per cent.
The positive balance comes despite the sharp decline of the Casino BestWin, which was down 63.43 per cent and closed its doors in April last year, and the decline of Casino Schaanwald (part of Casinos Austria): which was down 7.95 per cent at CHF 15,532,622. The Alpin Royal Casino also dropped, with revenues down by 21 per cent at CHF2,205,518. The two casinos owned by Admiral were up nine per cent, whilst LV twas up 107 per cent at CHF 5,217,855.
This year, though, has seen revenues spiral following the exchange of data which prevents blacklisted Swiss players from going to play in Liechtenstein, as well as vice versa.
The LV Casino in Eschen, Lichtenstein, was forced to close on January 29, 2025, due to the effects of the introduction of the blacklist exchange with Switzerland, which has been in force since January 7. Opening in July 2023, LV offered 195 slots and a range of table games.
The Lichtenstein casino industry is now experiencing huge declines in revenue since the turn of the year with some suffering 85 per cent falls in sales.
