The newly formed Finnish government has announced it is committed to ending the current monopoly system for gambling in favour of a licensing model, “no later than 2026”.
The government said the aim of reform is to prevent the financial and social harm of gambling. A licensing model would improve the country’s channelisation rate to legal offerings.
The new licensing system would include both online casino games and sports betting. The government would divide state-owned gaming monopoly Veikkaus into a number of separate companies within the same group as part of this process.
