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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.

CMTC email web

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.