Paf to power one of four Swiss online casinos
Åland-headquartered firm to provide platform services for Grand Casino Luzern's mycasino.ch
Paf has been chosen to power one of the first regulated online casinos in Switzerland when the market officially opens this summer.
Paf will provide its technical platform, games and operational support to local land-based operator Grand Casino Luzern, as it goes online for the first time.
Grand Casino Luzern will launch the Paf-powered mycasino.ch during the summer.
“This is an excellent opportunity for Paf to bring its know-how and competence in player protection to the Swiss market in the long term,” said Christer Fahlstedt, CEO of Paf.
“We are very pleased that Grand Casino Luzern has chosen us as a partner. There is a strong mutual understanding behind the collaboration and I am convinced that together we will succeed well in Switzerland.
Switzerland’s National Council last week approved the country’s first egaming licences, awarding licences to four local land-based casinos.
The casinos were granted a six-year exclusivity period by the country’s Money Gaming Act.
L-R: Wolfgang Bliem CEO, Guido Egli Chairman of the Board Grand Casino Luzern, AG Jan-Mikael von Schantz Chairman of the Board and Christer Fahlstedt CEO of Paf
Grand Casino Luzern’s CEO Wolfgang Bliem added: “Paf will be our strategic know-how partner with the right technology. They have been pioneers in online gaming and we believe that Paf can give us the experience and innovation needed to establish an online casino quickly in the Swiss market.
“Paf has a long history of stable ownership and they are also well known for their responsible gaming, which makes them an excellent partner for us,” added Wolfgang Bliem.
The other Swiss licensees are Grand Casino Baden, Casino Davos, and Casino Zürichsee.
In July, measures to prohibit international operators entering the Swiss market will come into force, allowing the Swiss government to block site ISPs.
In addition, Swiss casinos are only allowed to partner with external suppliers who have not targeted the Swiss market during the last five years.
However, the so-called ‘good reputation’ clause has yet to be formalised and published by the ESBK.