title: Liechtenstein — Outlook: What is coming? | advennt.io canonical: https://advennt.io/jurisdictions/liechtenstein/outlook/ [Jurisdictions](https://advennt.io/jurisdictions/) [Liechtenstein](https://advennt.io/jurisdictions/liechtenstein/) Outlook Liechtenstein · Question 11 of 11 # Outlook: What is coming? Mixed · Probable · AI-generated · [Back to full Liechtenstein report →](https://advennt.io/jurisdictions/liechtenstein/) Key section parameters | Jurisdiction | Liechtenstein (LI) | |---|---| | Regulator | Office of Economic Affairs (Amt für Volkswirtschaft / AVW) | | Favourability | Mixed | | Confidence | Probable | | Review status | AI-generated | | Last collected | 18 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.