Liechtenstein

Lucas Costa
September 17, 2023
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Overview

Hardly visible on the map due to its minimal size compared to other countries, Liechtenstein is also considered a tax haven. There are over 73,000 registered companies here, which is more than the number of residents. This is a similar situation to Gibralter, a British Overseas Territory.

However, there are no registered gambling companies in Liechtenstein yet, even though the issue has been discussed and postponed again and again since 1868. At that time, the country experienced a financial shortage and the introduction of a casino was discussed. However, Prince John decided to pay the debt out of his own pocket instead of allowing gambling.

Lottery in Liechtenstein

There was the so-called International Lottery in Liechtenstein Foundation (ILLF), which was approved and controlled by the government and was also a charitable foundation. The ILLF was special in that it was one of the first companies to offer Internet gaming with Lotto Plus, and in 1995 it enabled the first transaction via credit card. In addition to the lottery game, however, there was another additional novelty, scratch cards, which were available to play internationally on the Internet for the first time. In 2012, the company filed for bankruptcy.

Author Lucas Costa