Majority Stake in Swiss Casinos Transferred to Charitable Foundation

The shares transferred by Rihs, who serves as chairman and majority shareholder of the company, passed to the Jöggi Rihs Foundation, which was established this year. The company states that the transfer secures the group's long-term independence and continuity, and also creates a lasting source for future dividend payments and charitable activities.

The group operates four physical casinos in Zurich, Pfäffikon, St. Gallen and Winterthur. In addition, it offers online casino services at swisscasinos.ch. The Bern-based foundation supports materially disadvantaged people with hearing, visual and other disabilities, as well as individuals living with incurable diseases. Education, retraining, basic infrastructure and care services, social projects and the development of young athletes are also among the foundation's fields of activity.

Rihs played a key role in founding the hearing aid company Phonak, which today operates within Sonova. He has been connected to Swiss Casinos since its founding as an investor, entrepreneur and chairman. The board of directors and executive board thanked Rihs for his long-standing contributions to the company's development and corporate culture.

The group's total revenue for 2025 was CHF 206.2m. Of this, CHF 190.9m was gross gaming revenue from casino operations. In the same year, the group paid CHF 89.7m in casino taxes to Switzerland's Old-Age and Survivors' Insurance system and to cantonal administrations. Following the share transfer, Swiss Casinos remains fully Swiss-owned, while controlling interest now rests with the charitable foundation.