As state monopoly ends, Finland launches legislative project ahead of competitive gambling market

Tuesday, October 24, 2023 7:57 PM
  • Richard Mulligan, iGaming Business

Finland’s government has outlined the legislative pathway towards the creation of a regulated gambling market by 2026.

The Ministry of the Interior has set up a project that will guide the reform of the Finland gambling system as it prepares for the introduction of a licence system.

State-owned Veikkaus’ gaming monopoly will come to an end, with private companies to operate under a gambling licensing model.

The programme begins the process of regulation that the Orpo government has pursued since Finland’s general election in April 2023. The government’s plans are informed by a preliminary study of the gambling system and alternative models, completed in April.