Liechtenstein · Question 11 of 11

Outlook: What is coming?

Mixed · Probable · AI-generated · Back to full Liechtenstein report →

Key section parameters

JurisdictionLiechtenstein (LI)
RegulatorOffice of Economic Affairs (Amt für Volkswirtschaft / AVW)
FavourabilityMixed
ConfidenceProbable
Review statusAI-generated
Last collected18 Oct 2026

Summary answer

Near-term outlook is dominated by the online moratorium (through end-2028) and a contracting land-based market (GGR down ~58.9% YoY through Q3 2025, operator count down to five casinos, industry association dissolved March 2025). The January 2023 referendum (73% against closure) provides political d…

Full section analysis

Near-term outlook is dominated by the online moratorium (through end-2028) and a contracting land-based market (GGR down ~58.9% YoY through Q3 2025, operator count down to five casinos, industry association dissolved March 2025). The January 2023 referendum (73% against closure) provides political durability for the existing land-based sector despite commercial headwinds.