Around 50 gambling operators have submitted license applications to Finland’s National Police Board since the launch of the country’s new gambling regulatory regime earlier this year.
The update came from the National Police Board’s Gambling Administration on Monday. The current regulator said the majority of applicants so far had been international or foreign gambling companies.
“The majority of applicants are foreign companies, which increases the complexity of processing and evaluating their submissions,”Juha Katainen, a senior advisor, said.
Finland expects to launch its liberalized iGaming market by 2027, ending Veikkaus’ current monopoly over online betting and gaming in the country. A freedom of information request filed by iGB a couple of months ago found that by 30 March, 24 operators had submitted applications.
