Lichtenstein casinos call for urgent reform with revenue falling by up to 85 percent

Tuesday, January 28, 2025 8:30 PM
  • Phil, G3 Newswire

The Lichtenstein Casino Association is calling on politicians to urgently rethink measures introduced in January to restore a ‘fair and sustainable framework’ for the sector to operate in, adding that politicians have introduced an effective ban on sustainable gaming floors.

Since new measures were adopted by the government on January 7, the six casinos in Liechtenstein have experienced revenue losses of up to 85 per cent.

The Lichtenstein Casino Association’s President Markus Kaufmann and Vice President Philipp Nossek said: “Although the industry has prepared for a BSE decline within the 30 per cent expected by the government, the absolute worst-case scenario has occurred within the first two weeks with a minus of up to 85 per cent of gross gaming revenue.”