The Swiss Intercantonal Gambling Supervisory Authority (Gespa) has published its annual report for 2025, noting a decline in sports betting and lottery revenue.
These two verticals, operated both online and land-based, generated turnover of approximately CHF 3.87bn, down 2.4% year-on-year. GGR totalled CHF 1.2bn, down 3.7% compared to the previous year.
Around 75% of total GGR was generated by lotteries and scratch-off lottery products.
GGR from sports betting and PMU horse racing amounted to CHF 250.5m in 2025, a decrease of 5.3% compared to the previous year. This vertical previously experienced strong growth, rising from CHF 90.3m in 2019 to CHF 264.5m in 2024. A period of consolidation now appears to be underway.
Gespa notes that the increasing spread of organised crime remains a major challenge. During the reporting year, it reviewed 42 cantonal criminal case decisions and supported 25 criminal investigations. It assisted in house searches, carried out digital forensic data analyses and prepared expert reports used as evidence in criminal courts.
Regarding illegal online sites, by the end of 2025 Gespa’s blacklist comprised 671 domains. However, the regulator notes that some providers continue to use so-called domain hopping, constantly registering new domains and thereby circumventing DNS blocking.
In the reporting year, Gespa approved a total of 62 new games for the two Swiss lottery companies. Swisslos received 20 approvals while Loterie Romande received 42.
In addition, Gespa approved 59 modifications to already licensed lottery and sports betting products.
Loterie Romande will cut kiosk commissions on sports betting stakes from 7% to 5% but introduce a 1% commission on in-store collections to offset the impact
