Switzerland has taken another step in the evolution of its tightly controlled online gambling sector by awarding a tenth digital casino licence to Casino Locarno. The approval, issued by the Eidgenössische Spielbankenkommission, authorizes the launch of the operator’s online platform, CasiNeo.ch. Operating under the stringent provisions of the Federal Gambling Act, the Swiss market continues to expand cautiously, permitting only established land-based casinos to enter the online space. This measured growth reflects a regulatory model focused on stability, consumer protection, and sustainable industry development.
Regulatory Milestone Strengthens Market Structure
The decision by the Eidgenössische Spielbankenkommission to approve an online licence for Casino Locarno marks a significant milestone in the progression of Switzerland’s regulated gaming sector.
With this approval, the total number of licensed online casinos in Switzerland has reached ten, underscoring a gradual yet deliberate expansion strategy. The licence encompasses both the digital platform and its integrated suite of games under the CasiNeo.ch brand.
Legal Framework Ensures Controlled Market Entry
Switzerland’s online gambling industry operates under the Geldspielgesetz, a comprehensive legal framework introduced to regulate both land-based and digital gaming.
The legislation mandates that only operators with existing land-based casino concessions can apply for online licences. Furthermore, approvals must align with cantonal authorizations, reinforcing a dual-layer regulatory system designed to maintain strict oversight and accountability.
This approach effectively limits market saturation while ensuring high compliance standards.
Strategic Ownership Enhances Market Position
Established in 2002, Casino Locarno strengthened its competitive position following its acquisition by the Baden Group in 2022.
The group operates Casino Baden, which holds the distinction of being the first operator to launch an online casino in Switzerland after the market opened in 2019. This legacy provides operational expertise and technological readiness, supporting Casino Locarno’s transition into the digital domain.
Licensing Expansion Reflects Measured Growth Strategy
Since the implementation of the Geldspielgesetz, Switzerland has maintained a cautious approach to expanding its online gaming market. The issuance of licences has been gradual, ensuring that regulatory oversight keeps pace with industry growth.
The reopening of the licensing window in 2025 allowed new entrants, including collaborations such as Novomatic’s Admiral.ch brand in partnership with Casino Mendrisio, to enter the market under strict regulatory conditions.
Industry Outlook: Stability Over Rapid Expansion
The addition of a tenth licensed operator highlights the steady evolution of Switzerland’s iGaming ecosystem. By prioritizing established operators and enforcing rigorous compliance requirements, regulators aim to safeguard consumer interests and maintain market integrity.
While this conservative model may limit rapid expansion, it fosters long-term sustainability and investor confidence. The entry of Casino Locarno into the online segment exemplifies a broader trend of controlled digital growth, positioning Switzerland as a benchmark for balanced gaming regulation in the global market.
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