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Swiss entrepreneur Hans-Ulrich ‘Jöggi’ Rihs, Chairman and majority shareholder of Swiss Casinos Holding AG, has transferred 66.7 per cent of the company’s shares to the charitable Jöggi Rihs Foundation, established earlier this year.
The donation fundamentally changes the ownership structure of Swiss Casinos, which operates four land-based casinos in Zurich, Pfäffikon, St. Gallen and Winterthur, alongside the online casino swisscasinos.ch.
According to the company, the transfer is intended to secure the group’s long-term independence and continuity while providing a permanent source of funding for charitable activities through future dividend payments.
Established on 29 June 2026 and based in Bern, the Jöggi Rihs Foundation supports financially disadvantaged people with hearing, visual and other impairments, as well as individuals suffering from incurable illnesses. Its activities include funding education, retraining, essential infrastructure and care services, alongside social initiatives and youth sports development.
Rihs played a major role in establishing the Phonak hearing aid business, now part of Sonova, and has been involved with Swiss Casinos since its inception as an investor, entrepreneur and Chairman. He is also known for his involvement with Swiss football club BSC Young Boys.
The Board of Directors and Executive Management of Swiss Casinos thanked Rihs for his longstanding contribution to the company, highlighting his role in shaping its development and corporate culture.
Swiss Casinos generated total revenue of CHF 206.2m in 2025, including gross gaming revenue of CHF 190.9m from its casino operations. The group paid CHF 89.7m in casino taxes to Switzerland’s Old Age and Survivors’ Insurance system and cantonal authorities.
The group also operates Swiss Casinos Technology and the George Bar & Grill restaurant in Zurich. Following the share transfer, Swiss Casinos remains entirely Swiss-owned, with the charitable foundation now holding the controlling interest.
