Rihs plans to transfer two-thirds of Swiss Casinos shares to foundation
Business1 min read
Hans-Ulrich Rihs plans to donate two-thirds of his Swiss Casinos shares to the Jöggi Rihs Foundation, which Swiss Casinos said will become its majority shareholder. Rihs currently owns 96.45%; the group operates casinos in four Swiss cities and the Swisscasinos.ch online service. Swiss Casinos reported 2025 gross revenue of CHF207.1m, up 0.4%, and operating profit of CHF15.7m, down by a third, mainly because of higher costs.
Hans-Ulrich Rihs plans to donate two-thirds of Swiss Casinos’ shares to a foundation he established, the casino group said. The Jöggi Rihs Foundation will become the group’s majority shareholder.
Rihs has held 96.45% of Swiss Casinos, while small shareholders, including current and former board and management members, hold the remaining 3.55%, according to the company. Swiss Casinos said the change would provide a basis for continuity, stability and the group’s long-term development.
The group operates casinos in Zürich, Pfäffikon in the canton of Schwyz, St. Gallen and Winterthur, as well as the online service Swisscasinos.ch. Its gross revenue rose 0.4% to CHF207.1m in 2025, while operating profit fell by a third to CHF15.7m, mainly because of rising costs.
The charitable foundation was established at the end of June and is based in Bern. It supports financially disadvantaged people with hearing, sight and other impairments, as well as people with incurable illnesses. Its funds support education, training, retraining, necessary infrastructure and care, as well as social initiatives and youth development in individual and team sports.
Rihs and his late brother Andy helped build hearing-aid group Phonak, now Sonova, and were involved with football club BSC Young Boys, where Hans-Ulrich Rihs still holds a majority of shares. He is active in sports and hospitality businesses.